GoSats Raises $5 Mn in Series A to Scale Rewards-Led Wealth Platform

Bitcoin rewards platform GoSats has raised $5 million (₹47 crore) in its Series A funding round, led by Konvoy Ventures with participation from Y Combinator and Taisu Ventures. The fresh capital will support the company’s vision of building a rewards-driven wealth ecosystem and accelerating its next phase of growth.

Founded in 2020 by Mohammed Roshan and Roshni Aslam, GoSats is redefining the traditional cashback model by offering rewards in assets like Bitcoin and gold instead of fiat currency. This innovative approach enables users to build long-term wealth while making everyday transactions, aligning spending habits with investment opportunities.

Over the years, GoSats has built strong traction in the Indian market. The platform has already distributed over ₹50 crore in Bitcoin rewards and ₹5 crore in gold, demonstrating growing user interest in alternative asset-based rewards. With 80,000 monthly active users and ₹40 lakh in monthly rewards, the company has also achieved nearly $30 million (₹280 crore) in GMV in FY26.

With this funding, GoSats plans to significantly expand its user base from 1.5 lakh to 1 million users. The company is also focusing on enhancing its platform through AI-driven personalisation, enabling users to receive tailored rewards and financial insights based on their behaviour and preferences.

In addition to Bitcoin and gold, GoSats is expanding into new asset classes such as silver, stablecoins, and curated stock baskets. This diversification aims to provide users with more options to grow and manage their wealth through everyday spending.

A key pillar of GoSats’ growth strategy is its strong network of brand partnerships. The platform has collaborated with leading consumer brands like Flipkart, Myntra, Swiggy, and Nykaa, allowing users to earn rewards seamlessly across popular shopping and lifestyle platforms. These integrations not only enhance user engagement but also strengthen the overall value proposition of the ecosystem.

The rise of fintech innovation in India has created new opportunities for platforms that combine convenience with financial growth. GoSats is tapping into this trend by bridging the gap between spending and investing, making wealth creation more accessible to a wider audience.