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India
2015 (11 Years)
Last online: No recent activity
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This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Gullak
Company Information
Get to know Gullak
Gullak is an Indian fintech platform designed to make saving and investing effortless for millions of Indians. Founded by former executives from Myntra and PhonePe, the company's mission is to help users build wealth through micro-savings. The app automates the process of saving by rounding up users' daily digital transactions and investing the spare change, or by setting up recurring daily/weekly/monthly savings. These savings are then automatically invested into 24K digital gold or select mutual funds, allowing users to grow their wealth passively.
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