Goldsetu, a mobile-first micro SaaS platform for jewellery retailers, has raised $1.2 million in a seed round of funding led by Village Global, Better Capital, Titan Capital, iSeed and Anjali Bansal for Avaana Seed.
The round also saw participation from prominent angel investors like Kunal Shah, Suhail Sameer and Revant Bhate.
The company will utilize the capital to fuel go-to-market initiatives and launch new products on its platform, it said in a press release.
Founded by Vikas Verma and Anuj Sachdev, Goldsetu operates first of its kind fintech and commerce SaaS Platform for jewellery retailers. The platform helps jewellers instantly launch their digital storefront with digital ordering and digital payments.
The company is working on adding more products like digital gold, jewellery insurance, gold loans, and marriage loans that jewellers can offer to their customers.