Positive impactCompany

India Gold Metaverse appoints Chand as MD of BullionX

BusinessLine 1 hr ago·8 Sept 2026, 4:15 pm

India Gold Metaverse has appointed Chand as the Managing Director of its subsidiary, BullionX. This move strengthens the company's position in the digital gold and bullion sector. Chand brings significant experience, having served as the CEO of Diamond India for 16 years. Diamond India is a major player in the bullion market, acting as a nominated agency for imports and distribution. This role involved supporting over 1,200 small and mid-sized exporters across the country.

For investors, this appointment signals a strategic push to enhance operational capabilities and market reach within the gold trade. The appointment of a seasoned executive from a prominent bullion agency suggests a focus on strengthening the company's core business. Investors should watch for updates on how this leadership change might impact BullionX's operational efficiency and market share in the coming quarters.

Excerpt from BusinessLine

India Gold Metaverse has appointed former CEO of Diamond India, Nirakar Chand, as the Managing Director of its bullion market vertical, BullionX, which is a technology-enabled ecosystem for modern bullion markets. Earlier in his career, Chand had spent 22 years at State Bank of India including 6 years in Bullion and…
Read the original at BusinessLine

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  • Category: Company.
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Summary & analysis by DocStoX. Full story at BusinessLine.

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