About Yellow Metal
Yellow Metal is a company based in Bengaluru (India) founded in 2020 by Rahul Boggaram and Nikhil Boggaram.. Yellow Metal has raised $3.56 million across 2 funding rounds from investors including Angel List, Wellfound and LetsVenture. The company has 44 employees as of March 21, 2024. Yellow Metal offers products and services including Gold Loan Service and Mobile App. Yellow Metal operates in a competitive market with competitors including Rupeek, indiagold, Orocorp Technologies, Augmont and Ruptok, among others.
- Headquarter Bengaluru, India
- Employees 44 as on 21 Mar, 2024
- Founders Rahul Boggaram, Nikhil Boggaram
- Stage Minicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Yellow Fintech Private Limited
- Date of Incorporation 10 Nov, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$133.3 K (USD)1647.32as on Mar 31, 2023
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Net Profit
$-360.86 K (USD)-377.6as on Mar 31, 2023
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EBITDA
$-380.21 K (USD)-376.45as on Mar 31, 2023
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Total Equity Funding
$3.56 M (USD)
in 2 rounds
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Latest Funding Round
$3.05 M (USD), Seed
Dec 05, 2022
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Investors
Angel List
& 18 more
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Employee Count
44
as on Mar 21, 2024
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Products & Services of Yellow Metal
Yellow Metal offers a comprehensive portfolio of products and services, including Gold Loan Service and Mobile App. 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.
Offers quick gold-backed loans with low interest rates.
App for managing loans and accessing exclusive offers.
Funding Insights of Yellow Metal
Yellow Metal has successfully raised a total of $3.56M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.05 million completed in December 2022. 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 2
- Last Round Seed — $3.0M
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First Round
First Round
(12 Oct 2021)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Seed - Yellow Metal | Valuation | MSA Novo , MSA | |
| Oct, 2021 | Amount | Seed - Yellow Metal | Valuation | WaterBridge |
| 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 Yellow Metal
Yellow Metal has secured backing from 19 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Wellfound and LetsVenture. 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 tech investments are focused on by WaterBridge in India.
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Founded Year | Domain | Location | |
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Venture capital firm focusing on technology investments in Southeast Asia and India.
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Founded Year | Domain | Location | |
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Venture capital firm investing in tech sectors
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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 Yellow Metal
| 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 - Yellow Metal
| 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 |
Yellow Metal Comparisons
Competitors of Yellow Metal
Yellow Metal 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 Rupeek, indiagold, Orocorp Technologies, Augmont and Ruptok, 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 |
An online marketplace for gold loans is facilitated.
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| domain | founded_year | HQ Location |
Gold loans are provided and digital gold purchases are facilitated.
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| domain | founded_year | HQ Location |
Alternative investment platform for gold assets
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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 |
Doorstep gold loans are offered by the fintech platform.
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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 Yellow Metal
Frequently Asked Questions about Yellow Metal
When was Yellow Metal founded?
Yellow Metal was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Yellow Metal located?
Yellow Metal is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Yellow Metal a funded company?
Yellow Metal is a funded company, having raised a total of $3.56M across 2 funding rounds to date. The company's 1st funding round was a Seed of $513.68K, raised on Oct 12, 2021.
How many employees does Yellow Metal have?
As of Mar 21, 2024, the latest employee count at Yellow Metal is 44.
What is the annual revenue of Yellow Metal?
Annual revenue of Yellow Metal is $133.3K as on Mar 31, 2023.
What does Yellow Metal do?
Yellow Metal was established in 2020 in Bengaluru, India, as a financial services platform focused on gold loans. Household gold is utilized as collateral to provide funding access for rural individuals. Operations center on transforming gold holdings into usable value through a digital interface, targeting untapped resources in rural geographies. Services emphasize straightforward loan processes within the fintech sector.
Who are the top competitors of Yellow Metal?
What products or services does Yellow Metal offer?
Yellow Metal offers Gold Loan Service and Mobile App.
Who are Yellow Metal's investors?
Yellow Metal has 19 investors. Key investors include Angel List, Wellfound, LetsVenture, Spiral Ventures, and Spoonfeed.
What is Yellow Metal's valuation?
The valuation of Yellow Metal is $15.17M as of Dec 2022.