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India Gold Metaverse has appointed former CEO of Diamond India, Nirakar Chand, because the Managing Director of its bullion market vertical, BullionX, which is a technology-enabled ecosystem for contemporary bullion markets.
Earlier in his profession, Chand had spent 22 years at State Financial institution of India together with 6 years in Bullion and 16 years in Company Finance, Funding Banking and basic administration.
He was additionally CEO for 16 years at Diamond India, a distinguished nominated company authorised for import and distribution of bullion, which primarily supported over 1,200 small and mid-sized exporters throughout the nation.
In his new function, Chand will drive progress initiatives, business engagement, and nationwide market improvement efforts at BullionX, which delivers real-time spot and futures pricing, one-click purchase/promote execution, complete order administration and built-in market intelligence for institutional merchants, bullion sellers and enormous jewellers.
Nirakar Chand, Managing Director – Bullion Market, IGM stated the corporate has laid out an exceptionally visionary and well timed blueprint to revolutionise the gold business by way of transparency, digital accessibility, and sturdy institutional infrastructure.
Lamon Rutten, Managing Director & Chief Government Officer, IGM stated Chand has profound area experience, deep-rooted relationships throughout the bullion business and operational mastery for offering super impetus to IGM's targets.
IGM is devoted to formalising conventional markets and unlocking immense worth for customers, jewellers, institutional traders, and banks throughout India within the gold worth system on the central theme of 'Gold is Technology'. Lately, IGM concluded a really choose Angel placement spherical, valuing the corporate at Rs 2,500 crore.
Printed on September 8, 2026
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