PE-VC Fund Investments
Personalised gifting platform Zuvees raises Rs.15-Cr from IvyCap Ventures
Dubai- and Bengaluru-based gifting platform Zuvees has raised INR 15 crore in an ongoing Series A funding round from IvyCap Ventures.Founded in 2024 by Vijaykumar Ghadge and Abhishek Daiya, Zuvees operates a D2C (direct-to-consumer) gifting platform that specializes in handcrafted floral arrangements, curated hampers, and personalised gift boxes.The new funds will be used to expand its operational footprint, scale its personalisation and recommendation engine, and strengthen supply-chain infrastructure and customer intelligence capabilities.The company aims to reach a total Series A raise of INR 60 crore to INR 80 crore to fuel growth, enhance the technology stack, and expand into global markets.
Between Dec 2024 and Sep 2025, Zuvees had attracted about $2-M from IvyCap Ventures.For FY25, Zuvees had reported about Rs.0.4 Cr in Operating Income and about Rs.0.04 Cr in Net Loss.
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