About Giftiicon
Giftiicon is a company based in Bengaluru (India) founded in 2019 by Ji Hyun Chong, Divya Teja Kondeti, and Nakkyun Chong. Giftiicon has raised $2.87 million across 3 funding rounds from investors including Tillerman & Co, Bgs International and Ossonco. Giftiicon operates in a competitive market with competitors including Ferns N Petals, FlowerAura, Taj Online, Winni and Engrave, among others.
- Headquarter Bengaluru, India
- Founders Ji Hyun Chong, Divya Teja Kondeti, Nakkyun Chong
- Stage Minicorn
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Sectors
Retail
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Email
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Phone
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Website
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Social
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- Legal Name Giftiicon Solutions India Private Limited
- Date of Incorporation 19 Jun, 2019
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.12 K (USD)-79.17as on Mar 31, 2022
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Net Profit
-$699.96 K (USD)20.52as on Mar 31, 2022
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EBITDA
-$297.4 K (USD)10.31as on Mar 31, 2022
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Total Equity Funding
$2.87 M (USD)
in 3 rounds
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Latest Funding Round
$2.3 M (USD), Seed
Aug 26, 2021
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Investors
Tillerman & Co
& 14 more
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Employee Count
Not available
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Funding Insights of Giftiicon
Giftiicon has successfully raised a total of $2.87M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.3 million completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Giftiicon
Giftiicon has secured backing from 15 investors, including institutional and angel investors. Prominent investors backing the company include Tillerman & Co, Bgs International and Ossonco.
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Offers quality K-12 education with extracurricular activities in New Delhi for student growth.
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Investment and merchant banking services for middle-market businesses are provided.
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Investor details for Giftiicon
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Investments & Acquisitions by Giftiicon
Investment portfolio details for Giftiicon
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Financial Statements - Giftiicon
Detailed financials for Giftiicon
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Giftiicon Comparisons
Peer comparison for Giftiicon
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Competitors of Giftiicon
Giftiicon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ferns N Petals, FlowerAura, Taj Online, Winni and Engrave, among others.
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Flowers and gifting products are delivered through an online platform.
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Multi-category gifting products are provided via an online platform.
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Online platform to buy and send gifts
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Multi-category gifting products are offered via an online platform.
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Photo-etched personalized gifts are retailed online in India.
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Personalized gifts are retailed online for events across India.
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Detailed competitors of Giftiicon
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Latest news on Giftiicon
Complete news archive for Giftiicon
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Frequently Asked Questions about Giftiicon
Giftiicon was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Giftiicon is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ji Hyun Chong is the current CEO of Giftiicon. They have also founded this company.
Giftiicon is a funded company, having raised a total of $2.87M across 3 funding rounds to date.
Annual revenue of Giftiicon is $1.12K as on Mar 31, 2022.
Founded in 2019 and based in Bengaluru, India, Giftiicon operates a digital gifting platform. Personalized gift messages are sent by users through a mobile app and redeemed for physical products. Services target individual users from Gen Z to young professionals, as well as corporates for reward and recognition needs. The platform facilitates convenient gifting across personal and business contexts.
Giftiicon's top competitors include Ferns N Petals, FlowerAura and Taj Online.
Giftiicon has 15 investors. Key investors include Tillerman & Co, Bgs International, Ossonco, MERCURY PROJECT, and BGS International.
The valuation of Giftiicon is $3.62M as of Apr 2021.