2 weeks ago
Nihar Info Global Expands GoldnSilver.shop into Precious-Metals Ecosystem
A company called Nihar Info Global Limited runs a website named GoldnSilver.shop where people can buy and learn about gold and silver.
The company has announced a big plan to make the website much bigger and more useful.
Before, it was mostly a regular online shop.
Now, it will become one place where people can access gold and silver in many different ways.
People will still be able to buy real gold coins and bars.
They will also be able to buy digital gold and silver from several different companies through the same website.
The website will help people learn about gold and silver exchange-traded funds, which are like special baskets of gold that can be bought like shares.
The company is working with partners such as SafeGold, Augmont, MMTC-PAMP and Zerodha to offer these services.
It is also looking into letting some Indian investors find international gold funds, following Indian rules.
The goal is to give everyone a single simple place to explore gold and silver.
Nihar Info Global Limited, a BSE-listed technology and e-commerce company, is transforming GoldnSilver.shop from an e-commerce portal into an integrated precious-metals technology and knowledge ecosystem.
The platform will cover physical bullion, digital precious metals, exchange-traded funds, gold loans, buyback solutions and investor education.
Physical gold and silver will remain the foundation, with coins, minted bars, customized gifting products and corporate and bulk gifting solutions.
Strategic arrangements with SafeGold, Augmont and MMTC-PAMP will enable a multi-provider digital gold and silver marketplace with fractional purchases, periodic investments and portfolio tracking.
The company plans to collaborate with Zerodha infrastructure for Indian gold and silver ETF discovery and is exploring NSE IX integration at GIFT City/IFSC for international ETFs, subject to regulations.
- Who
- Nihar Info Global Limited, a BSE-listed technology and e-commerce company headquartered in Hyderabad.
- What
- Announced a strategic expansion of GoldnSilver.shop into an integrated gold-silver ecosystem covering physical bullion, digital precious metals, ETFs, gold loans, buyback solutions and investor education.
- Where
- Hyderabad, India; the platform serves Indian investors, with international ETF access explored through NSE IX in GIFT City/IFSC.
- When
- The article does not specify the announcement date.
- Why
- To reflect the evolving way Indian consumers access gold and silver, with physical holdings increasingly complemented by digital metals, ETFs and technology-enabled financial services.
Key facts
- Company
- Nihar Info Global Limited (BSE: 532392)
- Platform
- GoldnSilver.shop
- Original launch
- 2015
- Digital metals partners
- SafeGold, Augmont, MMTC-PAMP
- Bullion partner
- MMTC-PAMP
- ETF infrastructure partner
- Zerodha
- International ETF exploration
- NSE IX in GIFT City/IFSC, subject to LRS, IFSCA and other regulatory frameworks
- Product segments
- Physical bullion, digital metals, ETFs, gold loans, buyback solutions, investor education
Quotes
Nihar Info Global Limited
Company’s vision statement
“One Platform. Multiple Ways to Access Gold & Silver.”
deccanchronicle.com
Sources
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