Gullak Raises $3 Million Funding From Yc And Rebel Partners

Jan 19, 2023•almost 3 years ago

Amount Raised

$3 Million

Round Type

seed

Bengaluru

Investors

Uni Founder Nitin GuptaHyperface Cofounder Ramanathan RvSheetal LalwaniJus Pay Cofounders Vimal KumarOpenSliceVaibhav DomkundwarAshish GoyalFibe Cofounders Akshay MehrotraCred Founder Kunal ShahTrtl VenturesGmo Fintech FundGood Water CapitalBetter CapitalRebel PartnersY Combinator

Description

Saving and investment app Gullak said on Thursday it has raised $3 million funding as part of its seed round from new investors Y Combinator and Rebel Partners. Existing investor Better Capital also participated in the round along with Good Water Capital, GMO fintech fund, and TRTL Ventures. Angel investors including Cred founder Kunal Shah and Fibe cofounders Akshay Mehrotra and Ashish Goyal also invested in the round. According to the startup, it will use the funds to offer unique financial products, strengthen its current product portfolio and expand its user base

Company Information

Company

Gullak

Location

Bengaluru, Karnataka, India

About

Gullak automates your savings in a 100% secure way. We make it extremely easy for you to save small amounts daily and invest it in wealth-creating assets like gold to meet all your long term financial goals. You can set up a recurring daily savings amount or invest the spare change, every time you make an online transaction. Everything is automated yet under your control. You can withdraw, pause, change the frequency, and edit the amount anytime. Achieve your financial goals with small, smart savings and secure your future with Gullak. Start your wealth creation journey in just 30 seconds and live a stress-free life.

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Funding Insights

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