# indiagold: Financial services, Gurugram, India

> indiagold: indiagold is a digital gold lending fintech company founded in 2020, focused on providing accessible and flexible working capital gold loans for...

Source: https://millionrounds.com/startup/indiagold (Millionrounds; every figure on the page links to its filing or article)

India · [Financial services startup](https://millionrounds.com/companies)

# indiagold

indiagold is a digital gold lending fintech company founded in 2020, focused on providing accessible and flexible working capital gold loans for self-employed individuals and small business owners.

Funding reported Last round: Series A

Financial services Gurugram, India

Company summary

- **Founded:** 2020 6 years old
- **Team:** 290 201 to 1,000 people
- **Funding reported:** 24M as listed, currency not stated
- **Last round:** Series A Nov 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for indiagold has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About indiagold

indiagold is a digital gold lending fintech company founded in 2020, focused on providing accessible and flexible working capital gold loans for self-employed individuals and small business owners.

Operating under Flat White Capital Private Limited, the company holds an NBFC license for gold lending and serves major Indian cities such as Delhi, Mumbai, and Chennai. The company offers gold-backed loans where customers can use their physical gold ornaments as collateral. Borrowers can receive 75-85% of the gold's market value, with loan tenures ranging from 61 days to 12 months. Interest rates start at 0.85% per month. Additionally, indiagold provides digital gold investment solutions, allowing customers to invest in gold assets digitally, and operates a B2B gold loan platform to enhance the gold loan experience for banks and other financial institutions.

## What company datasets say indiagold raised

Funding, as reported

Reported in all **24M** in the source's currency

Last round **Series A**

Last round size **10M**

Last round date **Nov 2022**

## On 4 portfolio pages

Investors who name them

- [Alpha Wave Global](https://millionrounds.com/fund/alpha-wave-global)
- [Rainmatter by Zerodha](https://millionrounds.com/fund/rainmatter-by-zerodha)
- [Peercheque](https://millionrounds.com/fund/peercheque)
- [TDV Partners](https://millionrounds.com/fund/tdv-partners)

Each firm lists indiagold on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

nbfc partnerships growth affordable loans consumers lowest interest rate paperless loan process india fintech startups strategic partnerships loan approval process loan approval automation fintech platform collaborative banking financial health improvement digital gold loans fintech growth india gold asset digitization

Built with from their website

Amazon SES Google Tag Manager Tailwind CSS Google Workspace Viewport Meta Google Play dc.js Element UI Amazon Simple Email Service webpack

+8 more

Facebook SDK Google Meet Priority Hints React Mobile Friendly Vercel Open Graph Amazon Route 53

- **Sector:** Financial services
- **Industry code:** NAICS 52239, 522291, 523940, SIC 6141, 6282
- **Region:** Haryana
- **Revenue:** 2.2M a year, as listed

## Financial services in India

Startups like it

- [**KreditBee** Bengaluru · founded 2018 *Raised*](https://millionrounds.com/company/kreditbee)
- [**CoinDCX** Mumbai · founded 2018 *Raised*](https://millionrounds.com/company/coindcx)
- [**Navi** Bengaluru · founded 2018 *Raised*](https://millionrounds.com/company/navi)
- [**Scapia** Bengaluru · founded 2022 *Raised*](https://millionrounds.com/company/scapia)
- [**Khatabook** Bengaluru · founded 2018 *Raised*](https://millionrounds.com/company/khatabook)
- [**KredX** Bengaluru · founded 2015 *Raised*](https://millionrounds.com/company/kredx)
- [**Turtlemint** Mumbai · founded 2015 *Raised*](https://millionrounds.com/company/turtlemint)
- [**Upstox** Mumbai · founded 2009 *Raised*](https://millionrounds.com/company/upstox)

## Is this your company?

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