About Gullak
Gullak is a company based in Bengaluru (India) founded in 2022 by Manthan Shah, Dilip Jain, and Naimisha Rao.. Gullak has raised $11.93 million across 4 funding rounds from investors including Angel List, Stellaris Venture Partners and Y Combinator. Gullak offers products and services including Gullak App, Gold+ SIP, and Auto Investments. Gullak operates in a competitive market with competitors including Jar, GoldMoney, SafeGold, Augmont and Plusgold, among others.
- Headquarter Bengaluru, India
- Founders Manthan Shah, Dilip Jain, Naimisha Rao
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Finterscale Technology Pvt Ltd
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2023
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Net Profit
$-67.66 K (USD)0as on Mar 31, 2023
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EBITDA
$-66.71 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$11.93 M (USD)
in 4 rounds
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Latest Funding Round
$7.5 M (USD), Series A
Sep 24, 2025
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Investors
Angel List
& 25 more
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Employee Count
Employee Count
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Products & Services of Gullak
Gullak offers a comprehensive portfolio of products and services, including Gullak App, Gold+ SIP, and Auto Investments. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for daily savings and digital gold investments.
Systematic investment plan for acquiring digital gold.
Feature for automatic savings on everyday spends.
Funding Insights of Gullak
Gullak has successfully raised a total of $11.93M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $7.5 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $7.5M
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First Round
First Round
(15 Mar 2022)
- Investors Count 26
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series A - Gullak | Valuation | Chiratae Ventures | |
| Jan, 2023 | Amount | Seed - Gullak | Valuation | Rebel Fund , Better Capital | |
| Jul, 2022 | Amount | Seed - Gullak | Valuation | Y Combinator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Gullak
Gullak has secured backing from 26 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Stellaris Venture Partners and Y Combinator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Venture capital fund focused on tech startups
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Founded Year | Domain | Location | |
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Early-stage companies are invested in by Better Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Gullak
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Gullak
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gullak Comparisons
Competitors of Gullak
Gullak operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jar, GoldMoney, SafeGold, Augmont and Plusgold, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Jar is recognized as a leading digital gold savings app in India.
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| domain | founded_year | HQ Location |
Bullion trading and vaulting company
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| domain | founded_year | HQ Location |
Provider of a digital platform for buying, selling, and storing 24K gold
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| domain | founded_year | HQ Location |
Alternative investments in digital gold and silver are facilitated.
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| domain | founded_year | HQ Location |
Digital gold investment app allowing users to purchase and redeem gold as jewelry at partner jeweler stores
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| domain | founded_year | HQ Location |
Blockchain is applied to mortgage and insurance application processes.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Gullak
Frequently Asked Questions about Gullak
When was Gullak founded?
Gullak was founded in 2022.
Where is Gullak located?
Gullak is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Gullak a funded company?
Gullak is a funded company, having raised a total of $11.93M across 4 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Mar 15, 2022.
What does Gullak do?
Gullak was founded in 2022 in Bengaluru, India, within the fintech sector focused on gold investments. Automated savings plans are enabled for users to achieve financial goals, with options for physical gold delivery and UPI-based transfers. Investment tracking tools, payment reminders, and automatic deductions are offered. Educational resources on gold markets and personal finance are also provided through the platform.
Who are the top competitors of Gullak?
What products or services does Gullak offer?
Gullak offers Gullak App, Gold+ SIP, and Auto Investments.
Who are Gullak's investors?
Gullak has 26 investors. Key investors include Angel List, Stellaris Venture Partners, Y Combinator, Rebel Fund, and Better Capital.
What is Gullak's valuation?
The valuation of Gullak is $10.56M as of Mar 2022.