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.
- Website
- gullak.money
- 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
Investors
Ranked
10th among 35 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
20 as on May 31, 2025
Legal entities associated with Gullak
Gullak is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FINTERNET TECHNOLOGIES PRIVATE LIMITED CIN: U72502KA2022PTC156265 , India, Active | Jan 04, 2022 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
FINTERSCALE TECHNOLOGY PRIVATE LIMITED CIN: U72900KA2022PTC165489 , India, Active | Aug 29, 2022 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 29 (As on May 01, 2026) |
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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:
Filter 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 |
View details of Gullak's funding rounds and investors
Gullak's founders and board of directors
Founder? Claim ProfileHere are the details of Gullak's key team members:
- Manthan Dharmendrabhai Shah: Co-Founder of Gullak. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Dilip Kumar Jain: Co-Founder of Gullak. They serve on the board of 1 company.Contact Info: 1 phone number
- Naimisha Rao: Co-Founder of Gullak. Contact Info: 1 email address
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 |
View details of Gullak's Founder profiles and Board Members
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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Operator of an application providing instant personal loans and financial services | $6.15M | 60/100 | ||
2nd | Provider of a platform for loans, investments, and wellness products | $4.63M | 60/100 | ||
3rd | Bullion trading and vaulting company | $10.6M | 59/100 | ||
4th | Provider of a digital platform for buying, selling, and storing 24K gold | $2.37M | 58/100 | ||
5th | Retailer of gold and silver bullion via online platform | - | - | 58/100 | |
6th | Twelve Club 2021, Delhi (India), Funding Raised | Provider of marketplace platform for personal loans | - | - | 56/100 |
7th | Online alternative investment platform for gold | - | - | 48/100 | |
8th | Alternative investment platform for gold | - | - | 47/100 | |
9th | Digital platform for gold and silver investment | - | - | 44/100 | |
10th | Platform for automated digital gold savings and investments | $12.3M | 44/100 |
Looking for more details on Gullak's competitors? Click here to see the top ones
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.
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Gullak Launches India's First Jeweller Savings Scheme Marketplace with CaratLaneThe Tribune•Jan 27, 2026•Gullak
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Monetary Metals Partners With Gullak To Bring Gold Yield To IndiaMiningstockeducation•Nov 24, 2025•Monetary Metals, Gullak
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Gold savings app Gullak raises $7.5 Mn led by ChirataeEntrackr•Sep 24, 2025•SamVed VC, Gullak, White Venture Capital, Chiratae Ventures and 7 others
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Gullak Partners with Juspay Becomes the First in India to Implement UPI Plugin SDKIndianWeb2•Sep 06, 2023•Gullak, Juspay
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Gullak raises $3 Mn in seed roundEntrackr•Jan 19, 2023•Gullak, Rebel Fund, Better Capital, Goodwater Capital and 4 others
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Former JusPay execs floated savings app snags $3 mn in seed roundVCCircle•Jan 19, 2023•Gullak, Y Combinator, Better Capital, Rebel and 4 others
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Savings-investment app Gullak raises $1.3M from Better Capital, Stellaris VenturesYourStory•Jun 17, 2022•Gullak, Better Capital, Stellaris, ACA Gullak and 1 other
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