Founded in 2017, MG Gold operates a differentiated gold platform spanning wholesale, retail, bullion, jewellery, and used gold across Malaysia and Singapore. In 2025 the company generated approximately RM115 million in revenue (about RM85 million in Malaysia and RM30 million in Singapore) and expects revenue to grow to RM165 million in 2026. The business serves more than 100 B2B customers, employs around 40 designers and staff, has developed over 1,500 in-house jewellery SKUs (with more than 500 active), and sources from over 30 suppliers. Operationally, MG Gold refined over 75 kg of gold materials and tested more than 1,000 assay samples in 2025 and reports no material incidents of theft or customer-privacy complaints during the period. The company plans to launch a technology-enabled digital gold platform in Q3 2026 and a direct-to-consumer gold jewellery e-commerce platform with global shipping in Q4 2026 as part of a broader push to build a regional digital gold ecosystem. Crewstone’s investment is intended to support that roadmap, strengthen commercial execution, and prepare MG Gold for IPO readiness over the coming years.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2026