Augmont, NSE tie up to accelerate Electronic Gold Receipts adoption
Augmont, a gold trading platform with 4,600 retail touchpoints and 80 Gold For All stores, partners with NSE to push Electronic Gold Receipts. The deal leans on Augmont's network of 4,975 jewellers and 4.2 crore registered users, with a listing targeted within three months, pending GST resolution.
Augmont, a gold trading platform with 4,600 retail touchpoints and 80 Gold For All stores, tied up with NSE to accelerate Electronic Gold Receipts adoption, pending GST resolution, targeting listing within three months.
Why this matters
The NSE tie-up marks Augmont's move to scale Electronic Gold Receipts across its 4,600 retail touchpoints and 4.2 crore users, extending its gold trading footprint toward a targeted listing.
Retail-company signals accelerating at +809700% QoQ.