GoSats
Category: AI in Fintech
An AI-led asset-based rewards platform that enables users to earn Bitcoin and Gold as cashback for everyday shopping and financial transactions. GoSats was founded in 2021. The company is led by Mohammed Roshan. Based in Bengaluru, India. Team size: 11-50. Total funding raised: $14.7M. Latest round: Series A. Key investors include Konvoy, Y Combinator, Taisu Ventures, Accel, Aptos Labs, Animoca Brands, Shima Capital, Kingsway Capital, Sandeep Nailwal (Polygon).
- Founded
- 2021
- Headquarters
- Bengaluru, India
- Team size
- 11-50
- Total funding
- $14.7M
Value proposition
Provides a risk-free entry into Bitcoin and Gold ownership by converting routine spending into high-value assets, enhanced by AI-driven personalized shopping recommendations.
Products and solutions
GoSats Mobile App (iOS & Android), RBI-regulated Prepaid Rewards Card, SatsPay (Payment and rewards integration), Sofi AI (In-app AI assistant for voice-led 1-click checkout), GoSats Browser Extension, Bitcoin/Gold Gift Card Marketplace, Daily Bitcoin Spin-the-Wheel Gamification
Unique value
India's first major Bitcoin rewards ecosystem that replaces traditional, depreciating loyalty points with appreciating assets like Bitcoin and Gold.
Target customer
Mainstream Indian retail shoppers, Gen Z and Millennial consumers, and crypto-curious individuals seeking passive wealth creation.
Industries served
Fintech, E-commerce, Blockchain & Cryptocurrency, Retail & Consumer Goods
Technology advantage
Leverages AI-driven personalization (Sofi AI) to predict user shopping behavior and optimize reward rates; utilizes a 'Rewards-as-an-API' model to integrate crypto-loyalty into third-party brand ecosystems.
How they differentiate
GoSats differentiates by offering 'appreciating assets' (Bitcoin and Gold) as rewards instead of traditional, depreciating loyalty points or flat cashback. It integrates an AI assistant (Sofi AI) for voice-led checkouts and utilizes the Stacks smart contract layer to secure rewards on the Bitcoin network.
Main competitors
Magicpin, CashKaro, Fold, Lolli (International)
Key partnerships
Major E-commerce: Flipkart, Swiggy, Myntra, Nykaa, Amazon, Zomato, Strategic Tech: Alpha Liquid Terminal (AI agents and liquidity management), Financial/VC: Y Combinator, Accel, Aptos Labs, Animoca Brands, Konvoy
Notable customers
Flipkart, Swiggy, Zomato, Myntra, Nykaa
Major milestones
Graduated from Y Combinator Winter 2022 batch, Launched India's first RBI-regulated Bitcoin rewards prepaid card, Integrated 'Sofi AI' for personalized shopping and automated stacking, Closed $5M Series A round in April 2026 led by Konvoy to expand AI-led rewards platform
Growth metrics
Reached over 1 million registered users; partnered with 500+ major brands including Amazon, Flipkart, and Swiggy.
Market positioning
India's leading asset-based rewards ecosystem targeting crypto-curious Gen Z and Millennial retail shoppers.
Geographic focus
Primarily India, with strategic focus on major metropolitan e-commerce hubs.
Patents and IP
No registered patents disclosed; utilizes proprietary AI recommendation engines and is built on the Stacks smart contract layer for Bitcoin.
About Mohammed Roshan
Mohammed Roshan developed Saffroncoin before joining Unocoin as Chief Scientist. He subsequently served as CTO at Throughbit before co-founding GoSats.
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Official website: https://www.gosats.io