Gold savings platform Gullak raises $7.5 million led by Chiratae Ventures

Bengaluru-based gold savings and investments platform Gullak has raised $7.5 million in a funding round led by Chiratae Ventures, with participation from White Venture Capital and Samved Ventures.

The Y Combinator-backed company plans to use the fresh capital to strengthen partnerships with jewellers and expand into tier two and three cities.

“To go deeper in this market and solve for all the customer pain points will require partnerships and co-creation of innovative solutions with jewellers. A chunk of our time and money will also go into brand…