About IGP
IGP is a Retail company based in Mumbai (India) founded in 2015 by Priyesh Neema, Tarun Joshi, Anuja Tarun Joshi, and Manjula Joshi. It operates as a multi-category gifting products are provided through an online platform. IGP has raised $4.35 million across 3 funding rounds from investors including 100Unicorns, Central Investment and Abhijeet Birewar. IGP has completed 1 acquisition, including ArtisanGilt. IGP was last valued at $22.55 million in December 2017. Its chief executive is Tarun Joshi. Its website igp.com draws about 2.2 million monthly visits. IGP offers products and services including Online Gifts and Personalized Gifts. Its focus areas include Consumer, Online Gifting, Ecommerce and Horizontal. Its legal entity in India is INTERMESH SHOPPING NETWORK PVT LTD (U74899MH2001PTC332327).
Company details
IGP was founded in 2015 and is based in Mumbai, India, where an online platform is operated in the e-commerce sector. Multi-category gifting items, such as flowers, cakes, personalized gifts, hampers, chocolates, sweets, and plants, are offered via igp.com. Services include delivery across India for various occasions, with operations managed by a team of co-founders including Tarun Joshi as CEO.
- Headquarters Mumbai, India
- Founders Priyesh Neema, Tarun Joshi, Anuja Tarun Joshi, Manjula Joshi
- Stage Minicorn
- SectorsRetail
- Website category Lifestyle · Gifts and Flowers
- Email••••••••
- Phone•••• ••••
- Website igp.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Intermesh Shopping Network Pvt Ltd
- Date of Incorporation 04 Apr, 2001
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹4,000
FY 2025 · -100% YoY
- Net Loss-₹37.7 Lakh
FY 2025 · -94168% margin
- EBITDA-₹34 Lakh
FY 2025 · -84868% margin
- Total Equity Funding$4.35M (USD)
in 3 rounds
- Latest Funding Round$2.67M (USD), Seed
Dec 2020
- Investors100Unicorns
& 50 more
- Investments & Acquisitions
Associated legal entities of IGP
IGP operates through Intermesh Shopping Network Pvt Ltd (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 |
|---|---|---|---|---|---|---|---|
| Intermesh Shopping Network Pvt Ltd CIN U74899MH2001PTC332327 | Active | 04 Apr 2001 | Mumbai, Maharashtra | ₹0.0 Cr | 5 | 2 | View details |
Products & Services of IGP
IGP offers a comprehensive portfolio of products and services, including Online Gifts and Personalized Gifts.
Delivery of gifts such as flowers and cakes is managed by IGP for various celebrations.
Personalized items like mugs and photo frames are supplied by IGP for individual preferences.
Apps and channels of IGP
IGP publishes 1 mobile app with over 1M+ downloads; its YouTube channel IGP com has 43.4K subscribers and 30 videos.
Videos from IGP
The most watched videos on IGP's YouTube channel, IGP com (43.4K subscribers). Click a video to play it here.
More on IGP com.
Funding Insights of IGP
IGP has successfully raised a total of $4.35M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.67 million completed in December 2020. 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 $4.35M
- Total Rounds 3
- Last Round Seed — $2.67M
- First Round $1.2M
(Mar 2016)
- Investors Count 51
All 3 funding rounds of IGP with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2020 | $2.67M | Seed | – | 100Unicorns | – |
| Dec 2017 | $478,159 | Seed | $22.55M | GSV, Central Investment | |
| Mar 2016 | $1.2M | Angel Round | $13.6M | Naveen Arya | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2017 | $22.55M | •••••••• |
| Mar 2016 | $13.6M | •••••••• |
Last known valuation $22.55M (Dec 2017). 51 investors in total: 3 institutional and 48 angel.
Investors in IGP
IGP has secured backing from 51 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include 100Unicorns, Central Investment and Abhijeet Birewar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A startup accelerator offering funding and support to early-stage companies. | 2020 | 100unicorns.in | Mumbai, India | |
Venture capital firm focused on early-stage companies | – | gauravsinghviventures.com | Surat, India | |
Financial advisory services are provided to clients in the UK. | 1973 | centralinvestment.co.uk | Aberdeen, United Kingdom | |
AB Abhijeet Birewar | Angel investor and entrepreneur, focused on tech startups, based in India. | – | unknown_e2304293dfa3405da | - |
AD Amit Dhanki | - | – | unknown_7d1ecd9dd4b94c398 | - |
AD Anshul Dave | - | – | unknown_2b4529fc3e644373b | - |
JS Jayesh Shah | - | – | unknown_141148fd76234caea | - |
NS Nidhi Singhvi | - | – | unknown_e9f564ced8d34d25b | - |
AB Aryan Bacchawat | - | – | unknown_04dab861c0524afc9 | - |
VB Vishal Brahmbhatt | Angel investor and entrepreneur, focused on tech startups in India. | – | unknown_62cf0d982e67401fb | - |
Investor details for IGP
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Intermesh Shopping Network Pvt Ltd (IGP)
Intermesh Shopping Network Pvt Ltd is the primary company behind IGP. The board of Intermesh Shopping Network Pvt Ltd currently have 2 directors; the longest-serving is Tarun Joshi, appointed in 2016. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tarun Joshi DIN 03392505 | Director | 20 Dec 2016 | 9 yrs 10 mo | Intermesh Shopping Network Pvt Ltd |
| Manjula Joshi DIN 03066207 | Managing Director | 11 Jan 2020 | 6 yrs 9 mo | Intermesh Shopping Network Pvt Ltd |
People of IGP
36 people are tracked at IGP (9 in leadership, 27 in team).
| Name | Role | Group |
|---|---|---|
Priyesh Neema | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
| Co-Founder & Director | Leadership | |
| Co-Founder & Director | Leadership | |
SAHIL SHENDRE | Head Of Logistics | Leadership |
Saral Dixit | General Manager Operations | Leadership |
Ankur Gupta | Chief Operating Officer | Leadership |
Sushant Shukla | Assistant Vice President - Digital Marketing At Igp.com | Https://www.linkedin.com/redir/suspicious-page?url=interflora%2ein | Leadership |
Rishab Jain | CTO | Leadership |
ANURAG SAWANT | Operations Manager | Team |
Dinesh Gond | Operations Executive | Team |
Nitesh Malav | Senior Operations Executive | Team |
pankaj garg | operations and logistics | Team |
Mohd. Aadil Shaikh | Operations Manager | Team |
Anand Yadav | Senior Operations Executive | Team |
Sumeet Watwani | Senior Web And Graphic Designer | Team |
Claret Ginis | Senior Graphic Designer | Team |
Gaurav Chaudhary | Professional Photographer | Team |
Siddharth Sharma | Working With I.G.P. (Indian Gifts Portal) one year Experience as a creative Graphic Designer . | Team |
swarna achary | Creative Lead | Team |
16 more people are available in the full profile.
Complete people profiles for IGP
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 IGP
Figures of Intermesh Shopping Network Pvt Ltd, the primary company behind IGP, for FY 2025. Revenue was ₹4,000 (-100% year on year). Net loss was -₹37.7 Lakh (-94168% margin). EBITDA was -₹34 Lakh (-84868% margin). Revenue has grown at a compounded annual rate of -96% over three years and -93% over five years.
- ₹4,000Revenue · FY 2025 · -100% YoY
- -₹37.7 LakhNet loss · -94168% margin
- -₹34 LakhEBITDA · -84868% margin
- ₹7.6 LakhPaid-up capital
- 5Employees (provident fund records)
- -96%Revenue CAGR, 3 years
- -93%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Intermesh Shopping Network Pvt Ltd are on its company page.
Detailed financial statements for IGP
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.
Investments & Acquisitions by IGP
IGP has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ArtisanGilt.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Features an online marketplace for multi-category eco-friendly handmade products. | artisangilt.com | Mumbai, India | 2013 | Jun 2014 | •••• |
Complete acquisition details for IGP
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of IGP
5 dated milestones of IGP across 6 years, from founding to its latest funding, stage changes and deals.
- Acquisition Acquires ArtisanGilt.
- Founded IGP is founded.
- Funding First funding round of $1.2M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $2.7M.
Web traffic of IGP
The website of IGP (igp.com) receives about 2.2M visits a month and ranks #20,081 among all websites worldwide, #946 in Gifts and Flowers.
- Monthly visits2.2M
▼ 10.4% vs previous month
- Unique visitors1.6M
per month
- Global rank#20,081
among all websites
- Category rank#946
Lifestyle · Gifts and Flowers
- Bounce rate48%
- Pages per visit4.1
- Average visit3 min 19 sec
- DevicesDesktop 13% · Mobile 87%
Websites whose visitors overlap most with IGP. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fnp.com | 100% | 4.2M | #9,758 | View details | |
| floweraura.com | 90% | 791.1K | #69,774 | View details | |
| winni.in | 80% | 360.6K | #124,311 | View details | |
| oyehappy.com | 76% | 216.9K | #146,922 | View details | |
interflora.in | interflora.in | 68% | – | #188,835 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for IGP
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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 IGP (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 | |
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 | |
Personalized greeting cards and gifts are retailed online by Moonpig. | 2000 | London, England, United Kingdom | – | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Igp
Complete news archive for IGP
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Articles about IGP on our blog
Frequently Asked Questions about IGP
IGP was founded in 2015 and raised its 1st funding round 1 year after it was founded.
IGP is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Tarun Joshi is the current CEO of IGP. They have also founded this company.
IGP is a funded company, having raised a total of $4.35M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $1.2M, raised on Mar 2016.
The primary company behind IGP, Intermesh Shopping Network Pvt Ltd, reported revenue of ₹4,000 for FY 2025, down 100% year on year.
IGP was founded in 2015 and is based in Mumbai, India, where an online platform is operated in the e-commerce sector. Multi-category gifting items, such as flowers, cakes, personalized gifts, hampers, chocolates, sweets, and plants, are offered via igp.com. Services include delivery across India for various occasions, with operations managed by a team of co-founders including Tarun Joshi as CEO.
IGP offers Online Gifts and Personalized Gifts.
IGP has made 1 acquisition, including ArtisanGilt.
IGP has 51 investors. Key investors include 100Unicorns, Central Investment, Abhijeet Birewar, Amit Dhanki, and Anshul Dave.
The valuation of IGP is $22.55M as of Dec 2017.
IGP operates through Intermesh Shopping Network Pvt Ltd.
The legal entities of IGP currently have 2 directors, including Tarun Joshi, Manjula Joshi.