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Gullak - About the company

Gullak is a series A company based in Bengaluru (India), founded in 2022 by Manthan Dharmendrabhai Shah, Dilip Kumar Jain and Naimisha Rao. It operates as a Platform for automated digital gold savings and investments. Gullak has raised $12.3M in funding from investors like Better Capital, Y Combinator and GMO Venture Partners, with a current valuation of $*****. The company has 35 active competitors, including 8 funded and 1 that has exited. Its top competitors include companies like FatakPay, Finfinity and GoldMoney.

Company Details

Platform for automated digital gold savings and investments. It enables users to set financial goals and automate savings. It also offers options for physical gold delivery and UPI transfers. The platform provides tools for managing and tracking investments, setup reminders, automatic payments,a nd others. It also provide information resources on gold investment and financial knowledge.
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Email ID
*****@gullak.money
Registered Address
Mohan Kheda Impex, No.8/13, Basavaraju Market, O.K. Road, Bangalore, Bengaluru, Karnataka, India, 560002
Key Metrics
Founded Year
2022
Location
Bengaluru, India
Stage
Series A
Total Funding
$12.3M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 15, 2025
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
20 as on May 31, 2025
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Gullak's funding and investors

Gullak has raised a total funding of $12.3M over 4 rounds. Its first funding round was on Mar 15, 2022. Its latest funding round was a Series A round on Sep 24, 2025 for $*****. 3 investors participated in its latest round. Gullak has 19 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of Gullak:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 24, 2025
9693882
Series A
1933134
4875139
5536737
6117353
Jan 19, 2023
8754268
Seed
6377731
8187455
7701410
Jul 20, 2022
8459095
Seed
1072016
2090500
5976839
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Gullak's founders and board of directors

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Here are the details of Gullak's key team members:

Gullak's Board of Directors

Gullak's board has 3 active members. Manthan Dharmendrabhai Shah, Dilip Kumar Jain and Naimisha Katikaneni Katikaneni rao are part of team.
Here is the list of Gullak's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
3y 11m
Team
-
Current
3y 11m
Team
-
Current
3y 11m

Gullak's employee count trend

Gullak has 20 employees as of May 25. The total employee count is 9.0% lower than what it was in May 24. Here is Gullak's employee count trend over the years:
Employee count trend for Gullak
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Gullak's Competitors and alternates

Top competitors of Gullak include FatakPay, Finfinity and GoldMoney. Here is the list of Top 10 competitors of Gullak, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for FatakPay
FatakPay
2021, Mumbai (India), Seed
Operator of an application providing instant personal loans and financial services
$6.15M
60/100
2nd
Logo for Finfinity
Finfinity
2023, Mumbai (India), Seed
Provider of a platform for loans, investments, and wellness products
$4.63M
60/100
3rd
Logo for GoldMoney
GoldMoney
2001, Saint Helier (Jersey), Public
Bullion trading and vaulting company
$10.6M
59/100
4th
Logo for SafeGold
SafeGold
2017, Mumbai (India), Seed
Provider of a digital platform for buying, selling, and storing 24K gold
$2.37M
58/100
5th
Logo for Aura Gold
Aura Gold
2022, Chennai (India), Unfunded
Retailer of gold and silver bullion via online platform
-
-
58/100
6th
Logo for Twelve Club
Twelve Club
2021, Delhi (India), Funding Raised
Provider of marketplace platform for personal loans
-
-
56/100
7th
Logo for eSwarna
eSwarna
2015, Ernakulam (India), Funding Raised
Online alternative investment platform for gold
-
-
48/100
8th
Logo for Augmont
Augmont
1994, Mumbai (India), Unfunded
Alternative investment platform for gold
-
-
47/100
9th
Logo for DigiGold
DigiGold
2021, Ahmedabad (India), Unfunded
Digital platform for gold and silver investment
-
-
44/100
10th
Logo for Gullak
Gullak
2022, Bengaluru (India), Series A
Platform for automated digital gold savings and investments
$12.3M
44/100
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Gullak's Investments and acquisitions

Gullak has made no investments or acquisitions yet.

Reports related to Gullak

Here is the latest report on Gullak's sector:

News related to Gullak

Media has covered Gullak for a total of 3 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
Gullak Money Introduces “Snap Save”News ExpertsAug 03, 2023Gullak
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