Amidst IPL tournament, Bitcoin Premier League introduced by Bengaluru startup GoSats
- ByStartupStory | April 9, 2022
On March 26, GoSats, which rewards shoppers with Bitcoins, started Bitcoin Premier League in order to enhance a community leveraging the ongoing Indian Premier League (IPL).
The platform, Run by Saffroncoin Solutions Pvt Ltd., will reward users only during match hours on every purchase made through GoSats. Among other quirks, to keep users engaged, the firm has also brought in weekly surprise rewards.
Roshan Aslam, Co-founder and CEO, GoSats, said in a press statement, that IPL is the time of the year when the entire country is in a festive mood, and they wanted to facilitate Bitcoin rewards and other offers.
GoSats was started by Roshan and Roshni Aslam in February 2021. It enables a low-friction way in order to accumulate fractions of Bitcoin when people shop from more than 120 brands on platforms, including Flipkart, BigBasket, Amazon, Swiggy and Myntra.
The Bengaluru-based startup has onboarded over 15,000 customers, as of August 2021.
The startup also raised a seed round of worth $700,000 from Alphabit Fund, Stacks Accelerator, Fulgur Ventures, and SBX Capital, and angel investors, including Ajeet Khurana, former CEO of Zebpay; Sharan Nair, CBO of Coinswitch Kuber; Sathvik Vishwanath, CEO of Unocoin; Mohit Madan, Co-founder of Oropocket; among others.
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