Gullak Money YC 申请

Summer 2022Active

Gullak Money 在 Summer 2022 批次的 Y Combinator 中作为一家 Fintech 公司进行过。以下是：公司做什么、谁创立了它，以及其 YC 申请，按照真实 YC 表格逐题重建。

YC 批次: Summer 2022
行业: Fintech
团队规模: 15
状态: Active
已发布: 2022

创始人

Naimisha RaoFounder
Dilip JainFounder
Manthan ShahFounder

Gullak Money 做什么

Gullak is a mobile app that automates savings & invests these in Gold. We launched in India 60 days ago and have grown from 0 to 40k transacting users and hit a monthly GTV of $280K already. We are growing 25% week on week. India is a nation of savers but the way the majority of India saves is non-smart & does not create wealth. There are 200 Mn Indians who save manually in bank deposits, the returns from these instruments do not even beat India's inflation. Gold is an instrument that India loves - 30Bn worth gold is purchased in India every year by middle income households. Gold has great cultural significance in India & there is high familiarity with the asset class. Despite gold being a familiar asset class & giving 5% higher returns than bank deposits, 200 Mn Indians still save manually in these non wealth creating bank deposits. This is largely because the ways to save in Gold required painful discrete activities such as manually accumulating money to buy gold, going to offline stores to buy this gold, incurring storage charges & more. The minimum ticket size for purchasing gold at these stores is $50 adding to more friction to saving in Gold. Using automated savings, Gullak now makes it extremely easy for users to save small amounts regularly($1/day) in digital Gold.This was not possible a year ago because the underlying infrastructure(UPI Autopay) was missing. With 50 Mn Indians saving $2/day & with gold backed lending, this is a $1.5Bn market opportunity. Gullak’s Founding team is the team which built BHIM UPI App(10Mn Downloads in 10 Days), this was launched by the PM of India. We built large scale payment systems for partners like GooglePay / Amazon, processing more than 30Mn payments/day. This is the same team that has built more than 40+ consumer brands & their initial growth strategy.

Gullak Money 的 YC 申请，重建版

Y Combinator 申请

Gullak Money，Summer 2022 期。来自公开数据的真实申请问题解答。

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Gullak Money

Describe what your company does in 50 characters or less.

Automates savings and invests in gold

What is your company going to make? Please describe your product and what it does or will do.

Gullak is a mobile app that automates small daily savings and invests them directly in digital gold. It removes friction by using UPI Autopay, enabling users to save around $1 a day safely without manual effort. We launched in India 60 days ago and already have 40k users transacting regularly and a monthly transaction value of about $280K.

Where do you live now, and where would the company be based after YC?

We live in Bengaluru, Karnataka, India, and the company will remain based there after YC.

Explain your decision regarding location.

Bengaluru is India's fintech hub with a deep talent pool and an established startup ecosystem. Being here gives us access to infrastructure and partnerships critical for digital payments and gold investment products in India.

21 更多回答在完整申请中

Founders, Progress, Idea, Equity, Curious, Batch Preference 包含在完整版中。创建免费账户即可在 YC Insights 中打开，紧邻每个其他 YC 批次。

查看完整申请

常见问题解答

这是 Gullak Money 的真实 YC 申请吗？

不是。Y Combinator 对提交的申请保密。这是重建版：使用 Gullak Money 的公开数据（发布笔记、创始人背景、产品描述）回答真实的 YC 表格问题。它展示了像 Gullak Money 这样的公司会如何向 YC 自我介绍，而不是他们提交的文本。

Gullak Money 是哪个 YC 批次的？

Gullak Money 是 Y Combinator Summer 2022 批次的成员。

谁创立了 Gullak Money？

Gullak Money 由 Naimisha Rao, Dilip Jain, Manthan Shah 创立。

Gullak Money 做什么？

Gullak automates savings & invests these in gold

如何阅读完整的重建申请？

创建免费的 Round Funded 账户。YC Insights 中包含 Gullak Money 的完整 26 个问题的版本，以及其他所有 YC 批次的公司信息。