About Gullak
Gullak is a Technology company based in Bengaluru (India) founded in 2022 by Manthan Shah, Dilip Jain, and Naimisha Rao. Digital gold savings and investments are automated via the platform. Gullak has raised $12.37 million across 7 funding rounds from investors including Angel List, Stellaris Venture Partners and Y Combinator. Gullak was last valued at $10.56 million in March 2022. Its website gullak.money draws about 138 thousand monthly visits. Its Indian entity Finterscale Technology Private Limited reported revenue of ₹70.65 Cr. Gullak offers products and services including Gullak App, Gold+ SIP, and Auto Investments. Its focus areas include FinTech, Investment Tech, Alternative Investment Platforms and Commodities Trading. Its competitors include Jar, SafeGold and Augmont; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Founders Manthan Shah, Dilip Jain, Naimisha Rao
- Stage Minicorn
- SectorsTechnology
- Website category Finance · Investing
- Email••••••••
- Website gullak.money
- Social LinkedIn X Facebook Instagram
- Legal Name Finterscale Technology Pvt Ltd
- Date of Incorporation 29 Aug, 2022
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹70.65 Cr
FY 2025 · +2894% YoY
- Net Loss-₹10.55 Cr
FY 2025 · -15% margin
- EBITDA-₹10.24 Cr
FY 2025 · -14% margin
- Total Equity Funding$12.37M (USD)
in 7 rounds
- Latest Funding Round$7.5M (USD), Series A
Sep 2025
- InvestorsAngel List
& 27 more
Associated legal entities of Gullak
Gullak is associated with 2 registered companies on The Company Check; the primary company is Finterscale Technology Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Finterscale Technology Private Limited CIN U72900KA2022PTC165489 | Active | 29 Aug 2022 | Bengaluru, Karnataka | ₹70.7 Cr | 15 | 3 | View details |
| Finternet Technologies Private Limited CIN U72502KA2022PTC156265 | Active | 04 Jan 2022 | Bengaluru, Karnataka | ₹0.0 Cr | 2 | View details |
Products & Services of Gullak
Gullak offers a comprehensive portfolio of products and services, including Gullak App, Gold+ SIP, and Auto Investments.
App for daily savings and digital gold investments.
Systematic investment plan for acquiring digital gold.
Feature for automatic savings on everyday spends.
Apps and channels of Gullak
Gullak publishes 3 mobile apps with over 2M+ downloads.
Funding Insights of Gullak
Gullak has successfully raised a total of $12.37M across 7 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 $12.37M
- Total Rounds 7
- Last Round Series A — $7.5M
- First Round $1.31M
(Mar 2022)
- Investors Count 28
All 7 funding rounds of Gullak with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | $7.5M | Series A | – | Chiratae Ventures | |
| Mar 2025 | $306,818 | Seed | – | LVX | – |
| Sep 2024 | $133,400 | Seed | – | Aarii Ventures | – |
| Dec 2023 | Seed | – | – | ||
| Jan 2023 | $3M | Seed | – | Rebel Fund, Better Capital | |
| Jul 2022 | $125,000 | Seed | – | Y Combinator | – |
| Mar 2022 | $1.31M | Seed | $10.56M | Gufunds.com, Better Capital |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2022 | $10.56M | •••••••• |
Last known valuation $10.56M (Mar 2022). 28 investors in total: 16 institutional and 12 angel.
Investors in Gullak
Gullak has secured backing from 28 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Stellaris Venture Partners and Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Venture capital fund focused on tech startups | rebelfund.vc | San Francisco, United States | ||
Early-stage companies are invested in by Better Capital. | bettercapital.vc | Santa Clara, United States | ||
Investments in consumer tech sectors are managed by Goodwater Capital. | goodwatercap.com | Burlingame, United States | ||
Early-stage tech ventures in the US and Asia are funded. | gmo-vp.com | Shibuya, Japan | ||
Venture capital firm focused on early-stage tech companies | trtl.vc | Singapore, Singapore | ||
Venture capital firm investing in early-stage startups across fintech, software, and other sectors. | 2016 | stellarisvp.com | Bengaluru, India | |
Venture debt funding is extended to firms in various sectors. | Bengaluru, India | |||
Venture capital fund focused on multiple sectors | Mumbai, India | |||
Venture capital fund focused on seed-stage startups | chiratae.com | Bengaluru, India |
Investor details for Gullak
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Finterscale Technology Private Limited (Gullak)
Finterscale Technology Private Limited is the primary company behind Gullak. The boards of the 2 registered companies of Gullak currently have 3 directors; the longest-serving is Dilip Kumar Jain, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dilip Kumar Jain DIN 09457256 | Director | 04 Jan 2022 | 4 yrs 10 mo | Finternet Technologies Private Limited, Finterscale Technology Private Limited |
| Manthan Dharmendrabhai Shah DIN 09457257 | Director | 04 Jan 2022 | 4 yrs 10 mo | Finternet Technologies Private Limited, Finterscale Technology Private Limited |
| Naimisha Katikaneni Rao DIN 09719498 | Director | 29 Aug 2022 | 4 yrs 2 mo | Finterscale Technology Private Limited |
People of Gullak
3 people are tracked at Gullak (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Gullak
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Gullak
Figures of Finterscale Technology Private Limited, the primary company behind Gullak, for FY 2025. Revenue was ₹70.65 Cr (+2894% year on year). Net loss was -₹10.55 Cr (-15% margin). EBITDA was -₹10.24 Cr (-14% margin).
- ₹70.65 CrRevenue · FY 2025 · +2894% YoY
- -₹10.55 CrNet loss · -15% margin
- -₹10.24 CrEBITDA · -14% margin
- ₹29,315Paid-up capital
- 15Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Finterscale Technology Private Limited are on its company page.
Detailed financial statements for Gullak
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Gullak
4 dated milestones of Gullak across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Gullak is founded.
- Funding First funding round of $1.3M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $7.5M.
Competitors of Gullak
Gullak has 3 listed competitors in our database, 2 of them funded. They include Jar, SafeGold and Augmont.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| myjar.app | 2021 | Bengaluru, India | $63.3M | 251 | Jar is recognized as a leading digital gold savings app in India. | |
| safegold.com | 2017 | Mumbai, India | $2.38M | 61 | Provider of a digital platform for buying, selling, and storing 24K gold | |
| augmont.com | 1994 | Mumbai, India | 230 | Alternative investments in digital gold and silver are facilitated. |
Detailed competitors of Gullak
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Gullak
The website of Gullak (gullak.money) receives about 138.5K visits a month and ranks #319,500 among all websites worldwide, #3,365 in Investing.
- Monthly visits138.5K
▲ 7.3% vs previous month
- Unique visitors81.1K
per month
- Global rank#319,500
among all websites
- Category rank#3,365
Finance · Investing
- Bounce rate48%
- Pages per visit2.0
- Average visit38 sec
- DevicesDesktop 13% · Mobile 87%
Websites whose visitors overlap most with Gullak. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| myjar.app | 100% | 272.4K | #151,688 | View details | |
goldrate.com | goldrate.com | 96% | #97,946 | – | |
| groww.in | 91% | 60M | #754 | View details | |
| augmont.com | 88% | 145.9K | #278,117 | View details | |
| allindiabullion.com | 87% | #79,412 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Gullak
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Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Gullak (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 549.14 M | 3,823 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Gullak
Complete news archive for Gullak
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Frequently Asked Questions about Gullak
Gullak was founded in 2022.
Gullak is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Gullak is a funded company, having raised a total of $12.37M across 7 funding rounds to date. The company's 1st funding round was a Seed of $1.31M, raised on Mar 2022.
The primary company behind Gullak, Finterscale Technology Private Limited, reported revenue of ₹70.65 Cr for FY 2025, up 2894% year on year.
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.
Gullak offers Gullak App, Gold+ SIP, and Auto Investments.
Gullak has 28 investors. Key investors include Angel List, Stellaris Venture Partners, Y Combinator, Rebel Fund, and Better Capital.
The valuation of Gullak is $10.56M as of Mar 2022.
Gullak is associated with 2 legal entities: Finterscale Technology Private Limited, Finternet Technologies Private Limited.
The legal entities of Gullak currently have 3 directors, including Dilip Kumar Jain, Manthan Dharmendrabhai Shah, Naimisha Katikaneni Rao.
Yes. Gullak publishes Gullak: Extra 5% Gold p.a. and 2 more apps, with over 2 million downloads.