Launch · Financial Services
Dhan launches Gold Vault for physical gold and silver
By Startup Enthusiast ·
- Date
- Company
- Dhan
- What it does
- Discount broking and investment platform
- Kind
- Launch
- Sector
- Financial Services
What they do
Dhan is a discount broking and investment platform
What happened
It launched Gold Vault, letting users buy physical gold and silver at live exchange prices
Why it matters
The product addresses purity, pricing transparency and safe storage concerns in India
The details
- Dhan launched Gold Vault, a product for buying physical gold and silver at live exchange prices.
- Investors buy gold and silver at live MCX (Multi Commodity Exchange) prices.
- They trade via futures contracts (agreements to buy or sell at a future date) and can opt for physical delivery.
- Assets are stored in exchange-regulated vaults through ComRIS accounts with institutional-grade storage.
- Gold Vault operates within the SEBI-regulated capital market framework.
- Settlement happens through MCXCCL (MCX Clearing Corporation Limited).
The bigger picture
- Traditional gold buying in India has concerns about purity, pricing transparency and safe storage.
- Gold Vault addresses those concerns by linking purchases directly to exchange prices without markups or hidden spreads.
- Dhan recently acquired algorithmic trading platform Stratzy.
- Dhan competes with Groww and Zerodha.
About the business
- Dhan is a discount broking and investment platform.
- It competes with Groww and Zerodha.
- It recently acquired algorithmic trading platform Stratzy.
The deal
- Type
- launch
Founders
- Pravin Jadhav, Founder and CEO
- Jay Prakash Gupta, Founder and COO
More on Dhan
- Dhan and Samco Securities launch US stock access for Indians13 June 2026 · Launch
- Raise Financial acquires Infinyte Club for $13–15 million1 April 2026 · Acquisition · $10 Mn
- Dhan crosses one million users11 March 2026 · Launch
- Dhan crosses 1 million users in February 202610 March 2026 · Milestone
- Dhan reports Rs 408 crore net profit for FY253 February 2026 · Results · Rs 408 crore
- Dhan CEO comments on new tax rules for share buybacks1 February 2026 · Policy
- Dhan completes ₹50 crore ESOP buyback for employees24 December 2025 · Milestone · ₹50 Cr
- Dhan raises $120M Series B, early angels exit12 December 2025 · Funding · $120M
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