About GyftKart
GyftKart is a Retail company based in Barabanki (India) founded in 2019. It operates as an an online gifting platform specializing in digital gift cards for convenient gifting. It operates on a B2C model. Its Indian entity Paycharge Solutions Private Limited reported revenue of ₹67.1 Lakh. Its focus areas include E-commerce, Gifting and Digital Gifts. Its competitors include Xoxoday, FutureBazaar, Tremendous, GyFTR and Pine Perks and 3 more; 2 of its 8 listed competitors have raised funding.
Company details
GyftKart, based in Barabanki, focuses on engaging in retail operations, operating online marketplaces, gifting, and digital gifts. An online gifting platform specializing in digital gift cards for convenient gifting. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Barabanki, India
- SectorsRetail
- Website gyftkart.in
- Social Facebook
- Legal Name Paycharge Solutions Private Limited
- Date of Incorporation 25 Apr, 2017
- Jurisdiction Barabanki, Uttar Pradesh, India
- Annual Revenue₹67.1 Lakh
FY 2024 · -36% YoY
- Net Loss-₹1 Lakh
FY 2024 · -2% margin
- EBITDA₹5.3 Lakh
FY 2024 · 8% margin
Associated legal entities of GyftKart
GyftKart operates through Paycharge Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Paycharge Solutions Private Limited CIN U93000UP2017PTC092577 | Active | 25 Apr 2017 | Barabanki, Uttar Pradesh | ₹0.7 Cr | – | 2 | View details |
Board of directors of Paycharge Solutions Private Limited (GyftKart)
Paycharge Solutions Private Limited is the primary company behind GyftKart. The board of Paycharge Solutions Private Limited currently have 2 directors; the longest-serving is Mohd Kashif, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohd Kashif DIN 09017882 | Managing Director | 31 Dec 2020 | 5 yrs 9 mo | Paycharge Solutions Private Limited |
| Shabana DIN 09017881 | Whole-time director | 31 Dec 2020 | 5 yrs 9 mo | Paycharge Solutions Private Limited |
Financials of GyftKart
Figures of Paycharge Solutions Private Limited, the primary company behind GyftKart, for FY 2024. Revenue was ₹67.1 Lakh (-36% year on year). Net loss was -₹1 Lakh (-2% margin). EBITDA was ₹5.3 Lakh (8% margin).
- ₹67.1 LakhRevenue · FY 2024 · -36% YoY
- -₹1 LakhNet loss · -2% margin
- ₹5.3 LakhEBITDA · 8% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Paycharge Solutions Private Limited are on its company page.
Detailed financial statements for GyftKart
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Financial ratios
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Verified entity values are shown only after access is granted.
Competitors of GyftKart
GyftKart has 8 listed competitors in our database, 2 of them funded. They include Xoxoday, FutureBazaar, Tremendous, GyFTR and Pine Perks, among others.
| 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. | |
| tremendous.com | 2010 | San Francisco, United States | $120,000 | – | Provider of rewards and financial benefits management platform for enterprises | |
| gyftr.com | 2012 | Delhi, India | – | 238 | Prepaid cards from various brands are offered on the platform. | |
| pineperks.in | 2016 | Noida, India | – | – | Enables users to send digital vouchers as gifts through a user-friendly platform. | |
| dealzy.app | 2024 | Hyderabad, India | – | 366 | Offers discounted digital gift cards for shopping on multiple brands online. | |
| zokudo.com | 2014 | Mumbai, India | – | – | Operates an online platform for purchasing e-gift cards from luxury brands. | |
| giftcardsindia.in | 2010 | Mumbai, India | – | 7 | Online Gift Voucher Aggregator and Gifting Portal |
Detailed competitors of GyftKart
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Stationery, Gifting & Handicrafts E-Commerce
10 companies that operate in the same segment as GyftKart (Stationery, Gifting & Handicrafts E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Personalized video messages from celebrities are booked online. | 2017 | Chicago, Illinois, United States | USD 193.71 M | – | 355 | |
Smart notebooks are offered for digital sketching and note-taking. | 2013 | Oslo, Oslo, Norway | USD 15 M | – | 487 | |
Reward-based crowdfunding is enabled via no-inventory t-shirt sales. | 2000 | Fairfax, Virginia, United States | USD 41.75 M | USD 191.13 K | 1,596 | |
Flowers are delivered via an online subscription platform. | 2013 | London, England, United Kingdom | USD 171.47 M | – | – | |
Multi-category gifts are curated online for special occasions. | 2006 | Richmond, United Kingdom | USD 57.58 M | – | 192 | |
Multi-category gifting products are provided through an online platform. | 2015 | Mumbai, Maharashtra, India | USD 4.35 M | USD 916.16 K | – | |
Online wedding registry and gifts marketplace is operated. | 2013 | New York, New York, United States | USD 141.1 M | – | 101 | |
Digital gift cards are provided for enterprise incentive programs. | 2009 | Seattle, Washington, United States | USD 57.01 M | – | 267 | |
No detailed company activity is described on the site. | 2011 | Chicago, Illinois, United States | USD 198.67 M | – | 74 | |
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 GyftKart
GyftKart was founded in 2019.
GyftKart is headquartered in Barabanki, India. It is registered at Barabanki, Uttar Pradesh, India.
The primary company behind GyftKart, Paycharge Solutions Private Limited, reported revenue of ₹67.1 Lakh for FY 2024, down 36% year on year.
GyftKart, based in Barabanki, focuses on engaging in retail operations, operating online marketplaces, gifting, and digital gifts. An online gifting platform specializing in digital gift cards for convenient gifting. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
GyftKart's top competitors include Xoxoday, GyFTR and FutureBazaar.
GyftKart operates through Paycharge Solutions Private Limited.
The legal entities of GyftKart currently have 2 directors, including Mohd Kashif, Shabana.