Gifting Platform Zuvees Secures INR 15 Cr from IvyCap Ventures
The capital will expand operations, enhance technology, improve customer experience, scale AI personalization, strengthen supply chain, and deepen CRM capabilities.
[L-R] Abhishek Daiya & Vijaykumar Ghadge, Co-founders of Zuvees
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Gifting platform Zuvees has raised INR 15 crore (approximately USD 1.6 million) from IvyCap Ventures as part of its ongoing Series A round, taking its total funding to INR 30 crore (around USD 3.3 million).
The fresh capital will be used to expand its operations, strengthen its technology capabilities, and improve customer experience. Key areas of investment include scaling its AI-powered personalization and recommendation engine, enhancing supply chain infrastructure, and deepening customer intelligence and CRM systems.
Founded by Vijaykumar Ghadge and Abhishek Daiya, Zuvees operates in the premium gifting segment, offering curated products and personalised gifting solutions. The platform combines AI with fulfillment capabilities to address common challenges in the gifting industry, such as product quality, delivery reliability, and cross-border logistics.
Zuvees has introduced features like AI-driven recommendations and video approval before dispatch, allowing customers to review gifts prior to delivery. It also offers a customer satisfaction commitment policy aimed at improving trust and reliability.
The company began its commercial operations in the UAE in early 2025 and reports an annualised revenue run rate of over USD 3 million. It currently serves customers in more than 50 countries, with a significant portion of orders coming from international users sending gifts across borders.
Zuvees is targeting a total Series A raise of INR 60–80 crore to support its next phase of growth. The planned expansion includes entering key global metropolitan markets and further developing its technology stack.
Headquartered in Dubai, the company is focused on building a global direct-to-consumer gifting platform that caters to increasingly connected and cross-border consumer needs.
Gifting platform Zuvees has raised INR 15 crore (approximately USD 1.6 million) from IvyCap Ventures as part of its ongoing Series A round, taking its total funding to INR 30 crore (around USD 3.3 million).
The fresh capital will be used to expand its operations, strengthen its technology capabilities, and improve customer experience. Key areas of investment include scaling its AI-powered personalization and recommendation engine, enhancing supply chain infrastructure, and deepening customer intelligence and CRM systems.
Founded by Vijaykumar Ghadge and Abhishek Daiya, Zuvees operates in the premium gifting segment, offering curated products and personalised gifting solutions. The platform combines AI with fulfillment capabilities to address common challenges in the gifting industry, such as product quality, delivery reliability, and cross-border logistics.
Entrepreneur Staff • Editor
Entrepreneur Staff
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