Goldsetu is a Bengaluru SaaS provider that helps jewelry retailers automate workflows, create digital storefronts, and manage stores with dashboards, product and customer analytics, priority lists and CRM tools. The company says it aims to help unorganized jewelry retailers compete with organized players by delivering trust, transparency and improved value propositions. It reports access to over 5,000 jewellery outlets and an inventory of more than 10,000 unique designs, and is growing 30–40% month-on-month. Goldsetu is targeting an annualized revenue run rate (ARR) of $10 million in the current financial year. The startup plans to use new funds to expand its technology platform, broaden B2B product offerings and launch supply chain financing. It has also announced the acquisition of B2B jewellery e‑commerce firm BuymyJewel for an undisclosed sum as its first move into the B2B segment. Gold Setu is a mobile-first SaaS platform for jewelry retailers that automates workflows and enables digital customer engagement via CRM tools, smart dashboards, product and customer analytics, and priority lists. The company was founded by Vikas Verma and Anuj Sachdev and is based in Bengaluru, India. Gold Setu targets unorganized jewelry retailers, aiming to help them compete with organized players by delivering trust, transparency and improved customer value. The platform helps retailers digitally manage stores and gain insights to grow their business. Gold Setu plans to use recent funding to drive go-to-market initiatives, launch new products on its platform, and expand into newer markets.

Total raised

$2M

Funding rounds

2

Latest round

Seed

Latest activity

Oct 2022