Gullak Analysis
What is Gullak?
Gullak is a savings app that automates the process of saving and investing in digital gold. Its unique approach allows users to save effortlessly through automatic payments and invest in gold, providing higher returns compared to traditional savings methods. This enables users to achieve their financial goals while simplifying the investment process.
Location
Bengaluru, India
Employees
11-50
Founded
2015
Industry
FinTech
Product Features & Capabilities
- Automatic savings through UPI autopay
- Digital gold investment with extra annual returns
- Physical gold delivery to customers' doorsteps
- Gold SIP plans starting from ₹50/day
- Rewards for consistent saving and referrals.
Other Considerations
Trusted by over 900,000 users; Raised ₹10 crore in pre-seed funding; Offers a unique 5% extra gold annually.
