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Gullak
Helping Indians save more and democratize investments by automating savings in a 100% secure way
About Gullak
Gullak is a digital finance platform in India that facilitates automated savings and investments in gold. The company provides a service, Gullak Gold+, which enables users to invest in digital gold and earn an additional annual return on top of the regular appreciation of gold prices. This is achieved by leasing the gold to jewelers, a practice that was previously inaccessible to most retail investors.
The platform targets Indian consumers, offering a simplified and automated way to build wealth through micro-savings. Users can set up recurring payments to regularly invest small amounts in 24K gold. The business model centers on making gold a more attractive and accessible investment asset for the average person by providing higher returns through leasing.
Source: Dealroom company dataAt a glance
- Founded
- 2021
- Headquarters
- Bengaluru, India
- Sector
- Fintech
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed16 investors entered at this stage
Y Combinator
Stellaris Venture Partners
Better Capital- VKVimal Kumar
- MKMaya Kunnath
Ramanathan RV
Shan MS
Prasanna Sankar
Super Capital
Goodwater Capital
Kevin Moore
GMO Venture Partners
Kunal Shah
Rebel Fund
Ashish Goyal
TRTL Ventures
Series A3 investors entered at this stage
Chiratae Ventures
White Venture Capital- SVSamved VC
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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