Press Release

Grand News Network | January 25, 2024

White Gold Set to Shine Bright: On track to close the Year with INR 300 Crore Revenue

White Gold Set to Shine Bright: On track to close the Year with INR 300 Crore Revenue

Bangalore, Karnataka, India, 25th Jan 2024 – White Gold, a Bangalore-based new-age company that has established itself as one of the leading gold buyers in Bangalore, is poised to conclude this year with an annual revenue of INR 300 Crore. This achievement solidifies White Gold’s position as a critical player in the market, showcasing the company’s commitment to excellence and customer satisfaction.

Innovation, complete transparency, and customer-centric approaches have marked the journey of White Gold so far. Since its inception, it has strived to redefine the gold-buying experience and has become one of the most trusted brands in this industry. This significant revenue milestone is a testament to its relentless pursuit of excellence.

Unveiling the Success Story

White Gold has successfully bridged the gap between traditional practices and modern convenience, providing customers with a seamless and transparent process for selling their gold and gold ornaments. 

The modern approach to White Gold involves leveraging cutting-edge German technology to assess the value of gold accurately. The company ensures that customers receive the absolute full value for their precious metals. The gold rates, directly linked to the gold market, are displayed on the website and updated in real-time to ensure fair and competitive prices.

Elevating Standards: Organizing the Unregulated Marketplace

Unlike many other establishments in the unorganized used gold-buying market, White Gold stands out for its commitment to ethical practices. This dedication to fairness and integrity in this disorganized industry has earned the brand a distinguished reputation and customer trust. 

This contrasts sharply with the norm in the gold-buying sector, where individual proprietors and single-store operations are more common. The brand offers a professional and dependable option for the common public, who are on the lookout for transparent and trusted brands. This sets the company apart from the competitors in the market.

Financial Milestone, FY 2023 – 24: INR 300 Crore Revenue 

In the financial year 2023-24, the company achieved a remarkable milestone by generating revenue of INR 300 Crore, marking significant growth and solidifying its position in the market. This impressive figure represents a 2x increase from the previous year’s revenue. This extraordinary growth not only highlights the brand’s robust business strategy and operational excellence but also reflects the company’s deep understanding of market dynamics and customer needs. The increase in revenue is a testament to White Gold’s commitment to continuous improvement and its ability to adapt and thrive in a competitive environment.

Rahul Joseph, Founder of White Gold, expressed his gratitude for the unwavering support from customers and stakeholders, saying, “This achievement is a testament to the hard work and dedication of the entire team at White Gold. We are grateful to our customers for their trust, and we are committed to providing them with the best-in-class services.”

Future Outlook

White Gold is poised for further growth and expansion. The company is dedicated to constantly generating new ideas, experimenting with different approaches to enhance its services, and extending its reach to a broader customer base.

White Gold’s success serves as a guiding light in the gold-buying industry, setting new benchmarks for customer satisfaction, transparency in operations, and the incorporation of the latest technology. As the company concludes the year with substantial earnings, it paves the way for an even brighter future.

About White Gold 

Established in 2017 by Rahul Joseph, White Gold began its journey with a modest 5 crores in capital dedicated to delivering unparalleled used gold-buying services. Over a span of 6 years, White Gold has proudly served over 6 lakh satisfied customers. Initially launching five locations, the company swiftly evolved into one of South India’s largest organized gold buyers in Bangalore, boasting over 50 branches and achieving a remarkable total turnover of 150 crores in just the first three years.

The White Group, of which White Gold is a part, boasts a significant presence in various industries, including Real Estate, Gold, and Hospitality. 

White Projects, the real estate arm of the White Group, aims to build developments that go beyond just buildings. By carefully planning, utilizing the latest innovations, and having a strong passion for growth, it aims to create modern living spaces that truly reflect its enthusiasm.

White Escape, a hospitality project by White Group, stands as Bangalore’s latest luxury retreat chain. Immerse yourself in tranquil elegance and depart with a treasure trove of lifelong memories. Through its retreats, it aims to establish a haven of peace in the midst of the bustling city, providing you with an ideal mix of luxury and tranquility.

White Gold, a part of the well-established White Group, with a positive outlook for the future, is gearing up for further expansion by introducing multiple additional locations across South India. The company is striving to capture the entire Karnataka market. While the primary focus remains on growth, the company consistently engages in discussions to enhance processes for existing clients.

If you are planning to sell gold in Bangalore, visit White Gold. 

Media Contact

Organization: White Gold

Contact Person: Rahul Joseph


Email: Send Email

Contact Number: +919590704444

City: Bangalore

State: Karnataka

Country: India

Release Id: 2501249213

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