Gullak raises $7.5M Series A led by Chiratae Ventures with participation from Samved Ventures

Bengaluru-based Gullak raised $7.5M in Series A funding led by Chiratae Ventures, with White Venture Capital, Samved Ventures, and existing investors participating. Targeting Tier II/III cities, Gullak partners with jewelers like Tanishq and Kalyan, enabling users to save digitally in gold from ₹100 daily, redeemable as jewelry. With 300K active users and $2.5M ARR, the startup aims for $10M ARR within a year.