About Giveter Gifts
Giveter Gifts is a company based in Gurugram (India) founded in 2012 by Avinash Saxena and Mayank Bhangadia. It operates as a B2C. Giveter Gifts has raised $500 thousand across 1 funding round from investors including India Quotient, 5ideas and Binny Bansal. The company has 75 employees as of March 31, 2023. Giveter Gifts operates in a competitive market with competitors including ZoomIn, Gingercrush, Surprise India, Prestige Gifting Delights and Graphixking, among others.
- Headquarter Gurugram, India
- Employees 75 as on 31 Mar, 2023
- Founders Avinash Saxena, Mayank Bhangadia
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Relevant E-Solutions Private Limited
- Date of Incorporation 29 Jun, 2012
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$1.02 M (USD)102.24as on Mar 31, 2023
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Net Profit
$178 K (USD)49.12as on Mar 31, 2023
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EBITDA
$-839.71 K (USD)-125.58as on Mar 31, 2023
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Total Equity Funding
$500 K (USD)
in 1 rounds
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Latest Funding Round
$500 K (USD), Seed
Dec 17, 2013
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Investors
India Quotient
& 2 more
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Employee Count
75
as on Mar 31, 2023
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Funding Insights of Giveter Gifts
Giveter Gifts has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in December 2013. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $500,000
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First Round
First Round
(17 Dec 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2013 | Amount | Seed - Giveter Gifts | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Giveter Gifts
Giveter Gifts has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include India Quotient, 5ideas and Binny Bansal. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital and startup support services focused on scaling.
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Founded Year | Domain | Location | |
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Investment in Indian startups across technology and fintech sectors.
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Founded Year | Domain | Location | |
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BB
Binny Bansal |
Co-founder of Flipkart, active angel investor, tech entrepreneur
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Giveter Gifts
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Giveter Gifts
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Giveter Gifts Comparisons
Competitors of Giveter Gifts
Giveter Gifts 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 ZoomIn, Gingercrush, Surprise India, Prestige Gifting Delights and Graphixking, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital platform that enables users to create personalized and customized photo books, prints, and gifts
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| domain | founded_year | HQ Location |
Customized gifting products are provided via an online platform.
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| domain | founded_year | HQ Location |
Offers an online gifting portal with cake and flower delivery services.
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| domain | founded_year | HQ Location |
Operates an online store specializing in a range of gifting products.
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| domain | founded_year | HQ Location |
Provides customized t-shirts, mugs, keychains, and personalized gifts online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Giveter Gifts
When was Giveter Gifts founded?
Giveter Gifts was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Giveter Gifts located?
Giveter Gifts is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is Giveter Gifts a funded company?
Giveter Gifts is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Dec 17, 2013.
How many employees does Giveter Gifts have?
As of Mar 31, 2023, the latest employee count at Giveter Gifts is 75.
What is the annual revenue of Giveter Gifts?
Annual revenue of Giveter Gifts is $1.02M as on Mar 31, 2023.
What does Giveter Gifts do?
Giveter Gifts, established in 2012, excels in operating online marketplaces, selling products via the internet, personalized products, and gift retail. Functions as an online retail platform for multi-category personalized gifts. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Who are the top competitors of Giveter Gifts?
Giveter Gifts's top competitors include ZoomIn, Gingercrush and The Messy Corner.
Who are Giveter Gifts's investors?
Giveter Gifts has 3 investors. Key investors include India Quotient, 5ideas, and Binny Bansal.