India, 8th October, 2024: GoSats, an Indian Asset based Rewards company, today announced achieving a new milestone as it surpassed 700,000 users. This milestone also highlights GoSats’ 300% growth since last year, as the firm aims to double its user base by 2025. The firm has also given out more than 30 Cr of rewards in Bitcoin and Gold so far, establishing itself as a pioneer in its domain.

This strategic achievement was driven by SatsPay, an innovative feature that enhances digital payments and redemption of rewards. The subsequent popularity assisted GoSats in ensuring sustained scalability and growth, as the firm aims to undertake a Series A funding round in the future. The firm is presently working on introducing new innovative features, driven by innovation and originality. Currently, GoSats’ user base boasts of a 70-30 split between men and women, with the primary users hailing from tier-1 cities such as Delhi, Bengaluru, Mumbai and many tier-2 cities.

Mr. Mohammed Roshan Aslam, Co-founder & CEO of GoSats, shared his delight at the recent achievement saying, “Our long-term vision is to create a space in India to enable individuals with rewards on every spend they make. The primary focus of our team has always been the customers, and the recent achievement reflects this priority perfectly. Understanding their requirements is the priority for us, and we are actively working on several new innovative solutions that will help us to reach more customers in new strategic markets and ensure sustained scalability and growth.”

The strategic intervention through the introduction of SatsPay helped GoSats to comprehensively align with the shifting user requirements and supplement the Indian government’s Digital India initiative, expanding its footprint across the country. It also acted as a critical enabler to the rewards ecosystem envisioned by its founders.

SatsPay is an exclusive feature that can be accessed by the GoSats Elite Card holders. This feature can be used extensively to complete everyday transactions irrespective of the nature — groceries, rent or anything else.