Gullak Analysis
What is Gullak?
Gullak is a savings and investment app enabling users to save in digital gold and automate their savings to achieve financial goals.
Employees
15
Founded
2022
Revenue
$51.6K
Company Stage
Seed
Investors
- YC (Y Combinator)
- Rebel Partners
- Better Capital
Product Features & Capabilities
- Gold+ investment, daily savings, automatic payments, digital gold investment, physical gold delivery, UPI transfers, goal-based savings plans, rewards for saving, referral program, secure savings.
Pricing
- Save starting from ₹50/day
- Purchase gold coins starting at ₹200
- Rewards up to ₹2000 for referrals and festivals
- Gold+ SIP setup with UPI AutoPay for rewards up to ₹1500
- Automatic payments and reminders available
Who are the founders of Gullak
Business Model
Gold leasing to jewellers and spreads on gold prices generate revenue.
Competitors Overview
Gullak operates in the digital gold investment and savings app market, facing competition from several notable companies. The main competitors include:
- Spare8: This platform specializes in digital gold investments, allowing users to invest in gold through a user-friendly interface. Spare8 of
Market Focus
Gullak primarily focuses on the financial technology (fintech) industry, specifically in the areas of savings and investment, allowing users to save in digital gold and manage their financial goals through an app.
Company Pricing
- Save starting from ₹50/day
- Purchase gold coins starting at ₹200
- Rewards up to ₹2000 for referrals and festivals
- Gold+ SIP setup with UPI AutoPay for rewards up to ₹1500
- Automatic payments and reminders available
See something that needs updating? Suggest edits to this profile.