Gifting platform Swageazy raises Rs 7 crore in seed funding
- ByStartupStory | December 6, 2022
Swageazy, a Delhi-based enterprise gifting platform, has secured Rs 7 crore (~$850,000) in seed funding in a round led by Info Edge ventures. The round also saw participation from Anicut Capital(through the Angel fund arm), Huddle Ventures, and other prolific angel investors including Ankur Agarwal (Co-founder, Dunzo), Dhruv Toshniwal (CEO and Founder, The Pant Project), and Kartik Mandaville (CEO, Springworks) among others. The startup will use these latest funds to acquire talent, and bolster product development as well as technology, with a vision to further expand its customer portfolio, the company said in a statement.
Founded by Sameer Wahie and Sneh Setu in March 2021, Swageazy aims to simplify and streamline the process of gifting. The company has built a platform that enables businesses to curate a gift pack of their choice, with Swageazy handling everything else—from design assistance to last-mile delivery across Indian and international markets.
The company has products in various categories like packaging, drinkware, t-shirts, outerwear notebooks, backpacks, eatables, gadgets etc. The company aims to simplify swag and was founded to deliver upon the growing demand for swag. SwagEazy boasts of being the first automated gifting platform in India.
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