Home Insight FUNDING NEWS- Newly Funded Startups 2024 Plus Gold Secures $1.2 Mn Seed Funding Round from JITO

[Funding News] Plus Gold Secures $1.2 Mn Seed Funding Round from JITO

Application for investing in gold In addition Plus Gold has secured $1.2 million in a seed funding round, with JITO leading the investment.

The funds will be used to enhance its technological infrastructure, optimize user experience, bolster security measures, and create investment advisory capabilities driven by artificial intelligence.

Additionally, Venture Catalyst, Sonakshi Sinha, Sachin Shetty, Signal Ventures, Varun Dua, Shrish Mishra, and Misfits are also participating.

Read also – Doceree Secures $13.6 Mn from Creaegis

Plus Gold provides opportunities for gold investments through either Systematic Investment Plans (SIPs) or one-time transactions. Users have the ability to convert their digital gold assets into actual jewelry whenever they want.

Plus Gold eliminates obstacles commonly associated with traditional gold investment, such as concerns around storage, purity verification, and liquidity. Additionally, a portion of the profits will be allocated towards the recruitment of engineers, customer service executives, and other personnel.

Plus Gold operates in a very competitive field, with several well-financed enterprises already established in the industry.

About Plus Gold

Founded in 2022 by Veer Mishra and Raj Parekh, Plus Gold aspires to be a platform for Indians to save in Gold securely & later redeem in cash, jewelry, or gold whenever and wherever they want.

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