Online Precious Metal Retailing is a Viable Investment and Gifting Option in India, Thanks to CoinBazaar

Image
Press Trust of India MUMBAI
Last Updated : Feb 08 2019 | 2:51 PM IST

/ -- CoinBazaar is a niche e-commerce platform for buying Silver and Gold coins, and Platinum bars, etc.

It is rare to find a family in India that does not invest in physical gold or jewellery. One of the reasons is the metal's high resale value. Launched in 2012, CoinBazaar read into this timeless trend and offered an online investment platform for its customers. The e-commerce firm has since then eased and assisted the way Indians invest in gold, silver and platinum.

CoinBazaar works on a real-time inventory model, with complete control over the product being dispatched. This ensures a 100% trust on the product, which is both certified and verified before it is shipped. Priyesh Shah, Co-founder of CoinBazaar.in, explains, "We are the aggregators for various bullion selling brands and personally manage end-to-end operations. CoinBazaar.in is the only platform in India that offers 'LIVE' pricing for coins. Hence, investors regularly visit our platform to check the daily price. It is a 100% online platform."
Retail Plans for 2019-20:
Priyesh Shah says, "We are planning to launch CoinBazaar Android and iOS Apps. These would help customers keep track of daily price updates and help them invest at the right time."
About CoinBazaar.in

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 08 2019 | 2:51 PM IST

Next Story