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Miguel Cordon · · 1 min read

Y Combinator backs Indian automated-savings firm

Gullak is a savings investment startup that allows users to automatically save small amounts and invest the money in digital gold. The company is headquartered in India.

Funding details

  • Funding amount: $3,000,000
  • Other investors: Y Combinator, Better Capital, Rebel Partners, Good Water Capital, GMO Fintech Fund, TRTL Ventures, Kunal Shah, Akshay Mehrotra, Ashish Goyal, Kevin Moore
  • Stage: Seed
  • Source

More details

Gullak

The company was founded in 2022 by Dilip jain, Manthan Shah and Naimisha Rao.

Stage Amount (US$) Investors
Bridge $1.3M Stellaris Venture Partners, Prasanna Sankar, Maya Kunnath, Better Capital, Sheetal Lalwani, Ramanathan RV, Shan MS, Vimal Kumar, Nitin Gupta
Seed $3M Kunal Shah, Better Capital, Rebel Partners, Kevin Moore, Y Combinator, GMO Fintech Fund, Good Water Capital, Ashish Goyal, TRTL Ventures, Akshay Mehrotra
Total $4.3M

See also: 50 rising startups in India

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Miguel Cordon

Finally updated my bio.