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Last Login: 04-Mar-2022

SriniHR

Group Head HR at Dru Gold Pvt Ltd, Hyderabad

https://www.iimjobs.com/r/142252-srinihr
Company Introduction: DRU Gold is an ISO 9001:2015 certified company established in 2020; we have quickly gained the public trust and recognition in the field of GOLD recycling by running the business professionally. DRU GOLD is in the business of 'money in bank against Gold' and 'Releasing pledged Gold' from Banks, NBFCs and pawn brokers. DRU GOLD has already served 3000+ customers even during the pandemic. In a market largely dominated by the unorganized sector (Pawn brokers), DRU ensures trust, transparency, and reliability in all its processes to offer unparalleled benefits and instant compensations at the best market rates. To ensure transparency we have created a glass office where weighing, testing, and melting of gold is done right in front of the customer using the worlds most advanced German equipment. With increasing necessities and gold prices being at an all-time high, customers can avail the benefits of the best in market exchange rates by putting their old and unused gold to good use for instant liquidity to meet their urgent requirements. The company supports the Make in India initiative to curb the gold imports by helping the industry to reduce their dependency on gold imports.

Currently we have 20 branches TELANGANA - 14 in Hyderabad & 1 in Karimnagar, and ANDHRA PRADESH - 5 in Rajahmundry, Bhimavaram, Kakinada, Guntur & Vishakhapatnam.
DRU plans to open 200 branches in the next 24 months. This expansion is targeted in Telangana, Andhra Pradesh, Karnataka, Tamilnadu and Kerala. By 2027 we aim to have a pan-India presence, by opening physical locations in all states of India. The only ISO 9001-2015 company in the entire industry who follow the following KYC to ensure transparency and authenticity. 1. We buy from only those customers who provide Aadhar Card or Pan Card or Passport. 2. Every customer must fill an elaborate application form which has all their details (present and permanent address, original passport photo, bank account details, their fingerprint). All their personal information is also entered on our secured online system to process the purchase/payment. 3. A Gold/Jewellery ownership declaration form must be filled and signed by every customer conforming their ownership and accepting the liability in case they sell theft gold. 4. We make bank payment only; we strictly follow a Zero Cash policy for all our Transaction.

DRU Fintech Pvt Ltd., is a subsidiary of Dru Gold planning to get into digital gold loan segment to start with, which is into Gold Loan lending business and in the process of firming up Business Correspondent Agreement with Financing Companies and Banks

Dru FinTech New Business Plan:
Dru Fintech is looking to differentiate itself from other gold loans players with doorstep distribution and digital-first underwriting-to-disbursal process. Dru Fintech as a brand is on a mission to solve every Indian credit needs using disruptive technology. The aim is to be financially inclusive by creating access to credit. With the services offered by Dru Fintech, we aim to tap into the remaining 95% of the population In this regard Dru Fintech has drafted a business strategy for Digital Gold Loan segment which has Market Sizing Business model Capital requirement Strategic partnerships requirement etc.

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