About Plusgold
Plusgold is a company based in Bengaluru (India) founded in 2022 by Veer Mishra and Raj Parakh. Plusgold has raised $1.7 million across 4 funding rounds from investors including Venture Catalysts, Wells Fargo and We Founder Circle. The company has 1 employees as of March 31, 2024. Plusgold operates in a competitive market with competitors including Jar, GoldMoney, ShopBack, SafeGold and Augmont, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 31 Mar, 2024
- Founders Veer Mishra, Raj Parakh
- Stage Minicorn
-
Sectors
RetailTechnology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Finshakti Solutions Private Limited
- Date of Incorporation 20 May, 2022
- Jurisdiction Udaipur, Rajasthan, India
-
Annual Revenue
Not available
-
Net Profit
-$86.55 K (USD)0as on Mar 31, 2023
-
EBITDA
-$75.05 K (USD)0as on Mar 31, 2023
-
Total Equity Funding
$1.7 M (USD)
in 4 rounds
-
Latest Funding Round
$1.2 M (USD), Seed
Jun 25, 2024
-
Investors
Venture Catalysts
& 24 more
-
Employee Count
1
as on Mar 31, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Plusgold
Plusgold has successfully raised a total of $1.7M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.2 million completed in June 2024. 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.
Investors in Plusgold
Plusgold has secured backing from 25 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Venture Catalysts, Wells Fargo and We Founder Circle.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage startup ecosystem is supported by Venture Catalysts in India.
|
Locked | Locked | Locked | |
|
Multiple sectors are incubated by the foundation in Mumbai, India.
|
Locked | Locked | Locked | |
|
Signal Ventures is engaged in early-stage startup investments.
|
Locked | Locked | Locked |
Investor details for Plusgold
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Plusgold
Investment portfolio details for Plusgold
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Plusgold
Detailed financials for Plusgold
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Plusgold Comparisons
Peer comparison for Plusgold
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Plusgold
Plusgold 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, ShopBack, SafeGold and Augmont, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Jar is recognized as a leading digital gold savings app in India.
|
|
| Locked | Locked | Locked |
Bullion trading and vaulting company
|
|
| Locked | Locked | Locked |
Online platform offering rewards and cashback for multi-category products
|
|
| Locked | Locked | Locked |
Provider of a digital platform for buying, selling, and storing 24K gold
|
|
| Locked | Locked | Locked |
Alternative investments in digital gold and silver are facilitated.
|
Detailed competitors of Plusgold
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Plusgold
Complete news archive for Plusgold
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Plusgold
Plusgold was founded in 2022.
Plusgold is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Plusgold is a funded company, having raised a total of $1.7M across 4 funding rounds to date.
As of Mar 31, 2024, the latest employee count at Plusgold is 1.
Plusgold was founded in 2022 in Bengaluru, India, within the fintech sector focused on digital gold investments. An app is provided on Android and iOS platforms, where gold is purchased through one-time payments or systematic investment plans. Redemptions are enabled as jewelry at partner stores, with discounts and coupons offered for savings conversion. Users select jewelers based on their preferences and requirements.
Plusgold has 25 investors. Key investors include Venture Catalysts, Wells Fargo, We Founder Circle, EvolveX, and Signal Ventures.
The valuation of Plusgold is $4.49M as of Jun 2024.