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Pocket Money

Saving A/C gives you 6%, while inflation is running at 10%. But Gold is appreciation at 20%. Pocket Money will let you save in Gold.

  • Stage Full Product Ready
  • Industry Financial Services
  • Location Chennai, TN, India
  • Currency INR
  • Founded November 2012
  • Employees 0
  • Website ifonepay.com

Company Summary

Pocket Money sells fractional amounts of Gold and Silver, online. Customers can cash out in Rupees, redeem in metal, or transfer to friends on Facebook. Customers are looking for a means of saving that does not loose value because of inflation. Our customers are Facebook users and existing customers of Gold savings schemes offered by established jewelers.

Team

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    Sidharth Sankar
    Mr.

    14 years in IT industry.
    Previously with Infosys Technologies.
    Currently MD, Pocket Money.

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    Ranjeeth Rathod
    Mr.

    12 years in Bullion industry.
    Currently MD of MNC Bullion Pvt. Ltd.

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    Narayanan Venugopal
    Mr.

    18 years as a successful entrepreneur.
    Currently MD of Poseidon Solar Pvt. Ltd.

Previous Investors

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    None
    Unconfirmed