About IGP
IGP is a company based in Mumbai (India) founded in 2015 by Priyesh Neema, Tarun Joshi, Anuja Tarun Joshi, and Manjula Joshi.. 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 offers products and services including Online Gifts and Personalized Gifts.
- Headquarter Mumbai, India
- Founders Priyesh Neema, Tarun Joshi, Anuja Tarun Joshi, Manjula Joshi
- 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
*********
- Legal Name Intermesh Shopping Network Pvt Ltd
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$916.16 K (USD)-92.02as on Mar 31, 2022
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Net Profit
$-41.14 K (USD)81.04as on Mar 31, 2022
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EBITDA
$-146.35 K (USD)84.17as on Mar 31, 2022
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Total Equity Funding
$4.35 M (USD)
in 3 rounds
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Latest Funding Round
$2.67 M (USD), Seed
Dec 01, 2020
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Investors
100Unicorns
& 50 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of IGP
IGP offers a comprehensive portfolio of products and services, including Online Gifts and Personalized Gifts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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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 Total Funding
- Total Rounds 3
- Last Round Seed — $2.7M
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First Round
First Round
(22 Mar 2016)
- Investors Count 51
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Seed - IGP | Valuation | 100Unicorns |
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| Dec, 2017 | Amount | Seed - IGP | Valuation | GSV , Central Investment | |
| Mar, 2016 | Amount | Angel Round - IGP | Valuation | Naveen Arya |
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| 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 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. 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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A startup accelerator offering funding and support to early-stage companies.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage companies
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Founded Year | Domain | Location | |
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Financial advisory services are provided to clients in the UK.
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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 IGP
IGP has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ArtisanGilt. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Features an online marketplace for multi-category eco-friendly handmade products.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - IGP
| 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 |
Igp Comparisons
Competitors of IGP
| 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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Latest news on Igp
Frequently Asked Questions about IGP
When was IGP founded?
IGP was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is IGP located?
IGP is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of IGP?
Tarun Joshi is the current CEO of IGP. They have also founded this company.
Is IGP a funded 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 22, 2016.
What is the annual revenue of IGP?
Annual revenue of IGP is $916.16K as on Mar 31, 2022.
What does IGP do?
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.
What products or services does IGP offer?
IGP offers Online Gifts and Personalized Gifts.
How many acquisitions has IGP made?
IGP has made 1 acquisition, including ArtisanGilt.
Who are IGP's investors?
IGP has 51 investors. Key investors include 100Unicorns, Central Investment, Abhijeet Birewar, Amit Dhanki, and Anshul Dave.
What is IGP's valuation?
The valuation of IGP is $22.55M as of Dec 2017.