Business EconomyPosted at: Oct 9 2024 5:21PM


Indigold plans to enter new markets with its gold loan offerings

New Delhi, Oct 9 (UNI) Fintech firm specialising in gold loans, Indiagold on Wednesday said that it has decided to foray into new cities to expand its presence.
Indigold offers various products, including gold loans, digital gold, and physical gold.
''We aim to streamline the gold loan process and eliminate the stigma associated with the use of family gold as a monetisable asset. This will empower small business owners to access the financial support they need. In this financial year, we will not only strengthen our presence in existing markets but also foray into new cities with significant potential,'' said Nitin Misra, Co-Founder of Indiagold.
Over the past two years, the company has significantly grown its presence in Chennai and plans to triple its team size this quarter to better cater to its customers. The company said that it has implemented various cyber security measures to ensure the security of customer data.
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