Archive · 24 Sep 2025
Gullak Raises $7.5M in Funding for Gold Savings App
Gullak, an app that helps people save gold, just got a big boost!
They raised $7.5 million from investors to grow their business.
Think of it like saving money, but with gold.
The company wants to make it easy for everyone to own gold, just like using UPI for money.
They plan to use the money to reach more people, especially in smaller cities, and work with jewelers.
Users can buy gold through the app with as little as ₹100 and have the option to receive gold jewelry or cash later.
People have already bought over 1,000 kilograms of gold using the app.
Gullak, a gold savings app, raised $7.5 million in a Series A funding round.
Chiratae Ventures led the funding round.
Funds will be used for marketing, expansion, and partnerships.
Users have purchased over 1,000 kilograms of gold on the platform.
The app allows users to set up gold SIPs or make one-time purchases.
- Who
- Gullak, a gold savings app, and its investors.
- What
- Gullak raised $7.5 million in a Series A funding round.
- When
- The funding round occurred and was announced on September 24, 2025.
- Where
- Across India, particularly in Tier-2 and Tier-3 cities.
- Why
- To strengthen brand presence, expand reach, and deepen partnerships.
- Company
- Gullak
- Funding Amount
- $7.5 million
- Lead Investor
- Chiratae Ventures
- Purpose of Funding
- Strengthen brand presence, expand reach, deepen partnerships
- Gold Purchased by Users
- Over 1,000 kilograms
- Monthly Savings Per User
- ₹7,000 (average)
- Publication Date
- September 24, 2025