Oro

Oro is a Fintech startup based in India, founded in 2020. The company's mission is reflected in its slogan, "Gold is an asset. Not just an ornament. Oro helps you realize that. Instantly." Oro operates as a platform that aims to unlock the potential of users' gold instantly, by connecting financial institutions with users to provide higher access and the right information at the lowest cost.

The latest investment of INR1.05B in a Venture Round was secured on 12 October 2023 from a notable group of investors including 021 Capital, PremjiInvest, Singularity Ventures, Siddhartha Sacheti, Three State Capital, Mithun Sacheti.

Oro is on a mission to eliminate the unfairness in the current financial systems, with a focus on fueling aspirations and ambitions through Gold-Loans. The company is headquartered in Namma Chennai and currently operates in several Indian cities including Chennai, Bangalore, Hyderabad, Pune, and Vijayawada.

Overall, Oro presents a promising opportunity in the Fintech sector, driven by its innovative approach to leveraging gold assets and its substantial support from reputable investors. This positions the company well for growth and impact within the Indian financial market.