About milliGOLD
milliGOLD is a company based in Chennai (India) founded in 2019 by Rahul Ramkumar. milliGOLD has raised $27.82 thousand across 1 funding round from investors including Kickstartup Advisory Services. milliGOLD offers products and services including Monthly Subscription Plan and UPI Payment Option. milliGOLD operates in a competitive market with competitors including Jar, GoldMoney, SafeGold, Augmont and Plusgold, among others.
- Headquarter Chennai, India
- Founders Rahul Ramkumar
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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 Milli Gold India Private Limited
- Date of Incorporation 10 Nov, 2016
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$27.82 K (USD)
in 1 rounds
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Latest Funding Round
$27.82 K (USD), Seed
Nov 14, 2019
- Investors
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Employee Count
Employee Count
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Products & Services of milliGOLD
milliGOLD offers a comprehensive portfolio of products and services, including Monthly Subscription Plan and UPI Payment Option.
Allows regular gold purchases and storage via monthly payments.
Enables flexible one-time gold savings through digital transactions.
Funding Insights of milliGOLD
milliGOLD has successfully raised a total of $27.82K through 1 strategic funding round. The most recent funding activity was a Seed round of $27.82 thousand completed in November 2019. 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 1
- Last Round Seed — $27,823
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First Round
First Round
(14 Nov 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2019 | Amount | Seed - milliGOLD | Valuation | Kickstartup Advisory Services |
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Investors in milliGOLD
milliGOLD has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Kickstartup Advisory Services.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
Investments & Acquisitions by milliGOLD
Financial Statements - milliGOLD
Milligold Comparisons
Competitors of milliGOLD
milliGOLD 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.
| 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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Latest news on Milligold
Frequently Asked Questions about milliGOLD
milliGOLD was founded in 2019.
milliGOLD is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Rahul Ramkumar is the current CEO of milliGOLD. They have also founded this company.
milliGOLD is a funded company, having raised a total of $27.82K across 1 funding round to date. The company's 1st funding round was a Seed of $27.82K, raised on Nov 14, 2019.
milliGOLD was established in 2019 in Chennai, India, as an online platform focused on gold investments within the fintech sector. Users are permitted to buy, sell, and trade gold-based government bonds and assets through mobile applications. Investment tracking tools are offered, along with access to articles, blogs, and detailed transaction histories for user reference. Operations are centered in India, serving individual investors.
milliGOLD offers Monthly Subscription Plan and UPI Payment Option.
milliGOLD has 1 investor. Key investors include Kickstartup Advisory Services.