Indiagold provides gold loans and secure gold locker services. It offers an insured locker service with a tracking and delivery facility and also provides loans against the gold on equated monthly installments. The company was founded in 2020 and is based in Gurgaon, India.
Expert Collections containing Indiagold
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Indiagold is included in 2 Expert Collections, including Digital Lending.
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Excludes US-based companies
Latest Indiagold News
Dec 22, 2022
Indiagold raises $10 million in an extended series A funding round. It saw the participation of existing investors including Alpha Wave, 3one4 Capital, PayU and Leo Capital. It is a startup that offers gold loans, digital gold and others. According to the media reports, the board at India gold has passed a special resolution to allot 5,323 series A1 compulsory convertible preference shares (CCPS) at an issue price of Rs 1,45,600 per share to raise Rs 77.5 crore or nearly $10 million. Alpha Wave led the round with Rs 38.76 crore followed by 3one4 Capital which invested Rs 19.38 crore. PayU FIntech investment and Leo Capital also joined in and invested Rs 11.62 crore and Rs 7.75 crore respectively. It was founded by Deepak Abbot and Nitin Mishra both former Paytm executives. India gold has a locker service through which it provides loans for Physical and digital gold. The customers also have an option of insurance coverage for their lockers. Share this article:
Indiagold Frequently Asked Questions (FAQ)
When was Indiagold founded?
Indiagold was founded in 2020.
Where is Indiagold's headquarters?
Indiagold's headquarters is located at Golf Course Extension Road, Sector-61, Gurgaon.
What is Indiagold's latest funding round?
Indiagold's latest funding round is Series A - II.
How much did Indiagold raise?
Indiagold raised a total of $23.9M.
Who are the investors of Indiagold?
Investors of Indiagold include Rainmatter, PayU, Alpha Wave Global, Leo Capital, 3one4 Capital Partners and 13 more.