SafeGold - About the company
SafeGold is a seed company based in Mumbai (India), founded in 2017 by Gaurav Mathur, Somasundaram Palamadairamaswamy, Yash Bhansali and Rhea Chaterji. It operates as a Provider of a digital platform for buying, selling, and storing 24K gold. SafeGold has raised $2.37M in funding from investors like Pravega Ventures, World Gold Council and Beenext, with a current valuation of $*****. The company has 36 active competitors, including 8 funded and 2 that have exited. Its top competitors include companies like FatakPay, Finfinity and Aura Gold.
Company Details
Provider of a digital platform for buying, selling, and storing 24K gold. It enables individuals and businesses to buy, sell, store, lease, and redeem 24K physical gold digitally. It allows users to transact in gold at low minimum investment amounts, at any time. The gold purchased is stored securely in vaults, and users can convert their digital gold holdings into physical gold coins or jewelry. The platform offers a gold leasing scheme, enabling users to earn rental income from digital gold holdings.
- Website
- www.safegold.com/
- Social
- Email ID
- *****@safegold.in
- Phone Number
- +91 **********
- Registered Address
- 2nd and 3rd Floor, Birla Centurion, Pandurang Budhkar Marg, Worli , Mumbai -, 400030, Mumbai City, Mumbai, Maharashtra, India, 400030
Key Metrics
Founded Year
2017
Location
Mumbai, India
Stage
Seed
Total Funding
$2.37M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 06, 2021
Investors
Ranked
3rd among 36 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
61 as on Aug 31, 2025
Legal entities associated with SafeGold
SafeGold is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DIGITAL GOLD INDIA PRIVATE LIMITED CIN: U74999MH2017PTC293205 , India, Active | Mar 30, 2017 | ₹1,000+ Cr (As on Mar 31, 2025) | 72 (As on May 01, 2026) |
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SafeGold's funding and investors
SafeGold has raised a total funding of $2.37M over 4 rounds. Its first funding round was on Apr 28, 2017. Its latest funding round was a Seed round on Feb 06, 2021 for $*****. 6 investors participated in its latest round. SafeGold has 5 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of SafeGold:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 06, 2021 | 5866189 | Seed | 2578213 | 1494616 | 1936029 | 9141409 |
Aug 23, 2019 | 8784304 | Seed | 1762759 | 1060973 | 7512686 | |
Nov 20, 2018 | 8778773 | Seed | 2294140 | 9794000 |
Access funding benchmarks and valuations. Sign up today!View details of SafeGold's funding rounds and investors
SafeGold's founders and board of directors
Founder? Claim ProfileThe founders of SafeGold are Gaurav Mathur, Somasundaram Palamadairamaswamy, Yash Bhansali and Rhea Chaterji.
Here are the details of SafeGold's key team members:
- Gaurav Mathur: Co-Founder & Managing Director of SafeGold and founder of 1 other company. They are also an angel investor in 2 startups and serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
- Somasundaram Palamadairamaswamy: Former Co-Founder of SafeGold.
- Yash Bhansali: Co-Founder of SafeGold. Contact Info: 1 email address
- Rhea Chaterji: Co-Founder of SafeGold. Contact Info: 2 email addresses
SafeGold's Board of Directors
SafeGold's board has 2 active members. Gaurav Mathur and Rhea Romit Chaterji are part of team.Here is the list of SafeGold's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 1y 11m | |
glbrpkh | Team | - | Past | 5y 8m |
jxbdjis | Independent board member | - | Past | 8y 6m |
ttjfqhq | Independent board member | - | Past | 9y 4m |
rikultb | Independent board member | - | Past | 4y 5m |
View details of SafeGold's Founder profiles and Board Members
SafeGold's employee count trend
SafeGold has 61 employees as of Aug 25. The total employee count is 2.0% lower than what it was in Aug 24. Here is SafeGold's employee count trend over the years:
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SafeGold's Competitors and alternates
Top competitors of SafeGold include FatakPay, Finfinity and Aura Gold. Here is the list of Top 10 competitors of SafeGold, 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 | 61/100 | ||
2nd | Provider of a platform for loans, investments, and wellness products | $4.63M | 60/100 | ||
3rd | Provider of a digital platform for buying, selling, and storing 24K gold | $2.37M | 59/100 | ||
4th | Retailer of gold and silver bullion via online platform | - | - | 58/100 | |
5th |  Twelve Club 2021, Delhi (India), Funding Raised | Provider of marketplace platform for personal loans | - | - | 54/100 |
6th | Platform offering digital gold, gold coin sales, investment products, and related financial services | $2.22M | - | 49/100 | |
7th | Online alternative investment platform for gold | - | - | 48/100 | |
8th | Bullion trading and vaulting company | $10.6M | 47/100 | ||
9th | Digital platform for gold and silver investment | - | - | 45/100 | |
10th | Platform for automated digital gold savings and investments | $12.3M | 44/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on SafeGold's competitors? Click here to see the top ones
SafeGold's Latest cap tables and shareholding
Funds own 29.68%, Parent Entities (largest shareholder) own 40.18%, Enterprises own 17.00% and Angels own 2.86%.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Fund | 29.68% | 13.4Cr | 2701869 | 8976980 | 5264918 | 7440253 |
8266942 | 5677523 | 6774190 | 2081505 | 9685779 | 6619049 | |
3364937 | 8177906 | 7669217 | 3096431 | 4592637 | 6797279 | |
3 | 2 | 6 | 2 | 4 | 6 | |
Parent Entity | 40.18% | 18.1Cr | 5100729 | 5649925 | 3569940 | 3678719 |
Enterprise | 17.00% | 7.67Cr | 6156602 | 5750874 | 9880232 | 2941388 |
Angel | 2.86% | 1.29Cr | 85 | 94 | 54 | 88 |
ESOP Pool | 10.27% | 4.63Cr | 6302552 | 7545542 | 1582195 | 2625749 |
Total | 100.00% | 45.1Cr | 9244681 | 1244351 | 8846570 | 6466348 |
To unlock detailed Cap Table of SafeGold Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of SafeGold's Shareholding
SafeGold's Investments and acquisitions
SafeGold has made no investments or acquisitions yet.
Reports related to SafeGold
Here is the latest report on SafeGold's sector:
News related to SafeGold
Filter this listMedia has covered SafeGold for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
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SafeGold clocks Rs 6,867 Cr in gold transactions in FY25; turns EBITDA positiveEntrackr•Nov 26, 2025•SafeGold
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BharatPe expands offerings with digital gold on new Invest BharatPe appYourStory•Oct 28, 2024•BharatPe, SafeGold
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SafeGold introduces GAINS- a platform to lease individually owned goldIndiatimes•Oct 13, 2022•SafeGold
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Digital gold firm SafeGold plans metal leasing for India's jewellersBusiness Standard•Sep 29, 2022•SafeGold
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KreditBee offers digital gold investments through partnership with SafeGoldFinextra•Apr 26, 2022•KreditBee, SafeGold
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BharatPe launches Digital Gold, to add credit and debit cards as payment options in near futureFinancial Express•Oct 27, 2020•BharatPe, SafeGold
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