Categories: Business

BharatPe launches digital gold on its platform

A leading merchant payment network, BharatPe has announced the launch of digital gold on its platform. The launch of this new category of fintech product is in line with the company’s commitment to offering the entire gamut of financial products to Small and Medium Enterprises (SMEs).

Boost your General Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | SBI Clerk Mains & RBI Assistant Mains Exams

Through this latest offering:

  • BharatPe’s merchants will be able to buy and sell 99.5 per cent pure 24-carat gold. Merchants can choose to buy in rupees or grams, any time of the day and from anywhere, by using the BharatPe app.
  • To facilitate this, BharatPe has also partnered with Safegold, a digital platform that allows customers to buy, sell and receive vaulted gold.
  • SafeGold has appointed IDBI Trusteeship Services to protect the interest of merchants with regard to their gold purchases.

Important takeaways for all competitive exams:

  • Chief Executive Officer of BharatPe: Ashneer Grover.
  • BharatPe Founded: 2018.

Find More Business News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Leave a Comment
Share
Published by
Sumit Arora
6 years ago

Recent Posts

Independence Day 2026: Date, History, Theme and Significance

India will celebrate the its 80th Independence Day on Saturday, August 15th, 2026, marking the…

16 hours ago

Dandi March (1930): Gandhi’s Salt Satyagraha and Civil Disobedience Movement

The Civil Disobedience Movement (1930-1934) is one of the biggest mass movements of the Indian…

17 hours ago

Lahore Session (1929): Declaration of Purna Swaraj

The Lahore Session of the Indian National Congress in 1929 was the turning point of…

18 hours ago

Which Nations Have Won the Men’s Hockey World Cup the Most Times? Check the Top List Here

In the international field hockey one of the most important competition is the Men’s FIH…

18 hours ago

Hurun India Most Valuable Family Businesses 2026: Check Top-10 List Here

The 2026 Barclays Private Clients Hurun India Most Valuable Family Business List reveals the scale…

19 hours ago

Evolution of the Indian National Flag (1906-1947): From Calcutta Flag to the Ashoka Chakra

There is an interesting story behind the National Flag of India that goes back for…

19 hours ago