About GiftKarting
GiftKarting was a Retail company based in Mumbai (India) founded in 2013 by Ashutosh Karnik. Functions as an online aggregator for gift vouchers. It operates on a B2C model. Its Indian entity Online Giftkarting Private Limited reported revenue of ₹10.24 Cr. The company is recorded as dissolved. Its focus areas include E-commerce, Online Services, Gift Services and Voucher Aggregation. Its competitors include Xoxoday, FutureBazaar and GyFTR; 1 of its 3 listed competitors has raised funding.
Company details
GiftKarting, based in Mumbai, focuses on operating online marketplaces, online services, gift services, and voucher aggregation. Functions as an online aggregator for gift vouchers. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Mumbai, India
- Founders Ashutosh Karnik
- SectorsRetail
- Website giftkarting.com
- Social LinkedIn X Facebook
- Legal Name Online Giftkarting Private Limited
- Date of Incorporation 22 Jul, 2013
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹10.24 Cr
FY 2025 · +99% YoY
- Net Profit₹12.1 Lakh
FY 2025 · 1% margin
- EBITDA₹12.3 Lakh
FY 2025 · 1% margin
Associated legal entities of GiftKarting
GiftKarting operates through Online Giftkarting Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Online Giftkarting Private Limited CIN U47912MH2013PTC245996 | Active | 22 Jul 2013 | Mumbai, Maharashtra | ₹10.2 Cr | 4 | View details |
Board of directors of Online Giftkarting Private Limited (GiftKarting)
Online Giftkarting Private Limited is the primary company behind GiftKarting. The board of Online Giftkarting Private Limited currently have 4 directors; the longest-serving is Prakash Kantilal Shah, appointed in 2013. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prakash Kantilal Shah DIN 02468386 | Director | 22 Jul 2013 | 13 yrs 3 mo | Online Giftkarting Private Limited |
| Ashutosh Suresh Karnik DIN 00546555 | Director | 22 Jul 2013 | 13 yrs 3 mo | Online Giftkarting Private Limited |
| Kalavati Rajnikant Desai DIN 06572513 | Director | 22 Jul 2013 | 13 yrs 3 mo | Online Giftkarting Private Limited |
| Hemang Rajnikant Desai DIN 06766407 | Director | 01 Feb 2014 | 12 yrs 9 mo | Online Giftkarting Private Limited |
People of GiftKarting
1 people are tracked at GiftKarting (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for GiftKarting
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of GiftKarting
Figures of Online Giftkarting Private Limited, the primary company behind GiftKarting, for FY 2025. Revenue was ₹10.24 Cr (+99% year on year). Net profit was ₹12.1 Lakh (1% margin). EBITDA was ₹12.3 Lakh (1% margin). Revenue has grown at a compounded annual rate of +32% over three years and +88% over five years.
- ₹10.24 CrRevenue · FY 2025 · +99% YoY
- ₹12.1 LakhNet profit · 1% margin
- ₹12.3 LakhEBITDA · 1% margin
- ₹10.3 LakhPaid-up capital
- +32%Revenue CAGR, 3 years
- +88%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Online Giftkarting Private Limited are on its company page.
Detailed financial statements for GiftKarting
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of GiftKarting
GiftKarting has 3 listed competitors in our database, 1 of them funded. They include Xoxoday, FutureBazaar and GyFTR.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| xoxoday.com | 2012 | Bengaluru, India | $30.61M | 269 | AI-powered loyalty, rewards, and employee engagement solutions are provided. | |
| futurebazaar.com | 2006 | Mumbai, India | 1 | Operates as an ecommerce platform for Future Group, specializing in the sale of gift vouchers. | ||
| gyftr.com | 2012 | Delhi, India | 238 | Prepaid cards from various brands are offered on the platform. |
Detailed competitors of GiftKarting
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Stationery, Gifting & Handicrafts E-Commerce
2 companies that operate in the same segment as GiftKarting (Stationery, Gifting & Handicrafts E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category gifting products are provided through an online platform. | 2015 | Mumbai, Maharashtra, India | USD 4.35 M | USD 916.16 K | ||
AI-powered loyalty, rewards, and employee engagement solutions are provided. | 2012 | Bengaluru, Karnataka, India | USD 100.61 M | USD 98.95 M | 327 |
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Frequently Asked Questions about GiftKarting
GiftKarting was founded in 2013.
GiftKarting is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind GiftKarting, Online Giftkarting Private Limited, reported revenue of ₹10.24 Cr for FY 2025, up 99% year on year.
GiftKarting, based in Mumbai, focuses on operating online marketplaces, online services, gift services, and voucher aggregation. Functions as an online aggregator for gift vouchers. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
GiftKarting's top competitors include Xoxoday, GyFTR and FutureBazaar.
GiftKarting operates through Online Giftkarting Private Limited.
The legal entities of GiftKarting currently have 4 directors, including Prakash Kantilal Shah, Hemang Rajnikant Desai, Ashutosh Suresh Karnik and others.