Indiagold has raised $12 million in its Series A round

Indiagold has raised $12 million in its Series A round led by the financial technology arm of Prosus NV PayU and Alpha Wave Incubation, Better Tomorrow Ventures, 3one4 Capital, Rainmatter Capital as well as existing investor Leo Capital.

Based in Delhi it was founded in the year 2020 by Ex Paytm Senior Executives Deepak Abbot and Nitin Misra,  Indiagold is planning to expand operations across the country in the next two years.

Indiagold is a brand owned by Flat White Capital Pvt. Ltd., a company registered with the Ministry of Corporate Affairs (Govt. of India). Flat White Capital Pvt. Ltd. is also registered under the Start-up India program by the Department for Promotion of Industry & Internal Trade (Govt. of India). You can search the company Flat White Capital Pvt. Ltd. in Govt. of India’s database here and on the Startup India website.

The Gold Locker is a visual, digital representation of your GAP account balance. From your Locker, you can view all your transactions, buy gold or sell gold back. All digital gold is stored safely in high-security vaults with 100% insurance.

You can Invest Gold in digital gold. This is 24K 99.9% pure gold, and there is no chance of losing this. You don’t have to worry about safety, and it is easy to buy and sell.

Indiagold provides instant gold loans and secure gold locker services across Delhi NCR and Indore. Gold loan & locker service will soon be available all over India. You can also buy 24k digital gold & gold coins in our App. It has over 8 Lakh customers