Zuvees raises Rs 15 Cr from IvyCap Ventures in ongoing Series A round
The startup claims to have achieved an annualised revenue run rate exceeding $3 million, with a significant share of transactions driven by international gifting orders.
Premium gifting platform Zuvees has raised ₹15 crore (approximately $1.8 million) from IvyCap Ventures as part of its ongoing Series A funding round.
With the latest investment, the company’s cumulative funding has reached ₹30 crore (around $3.6 million).
The fresh capital will be used to expand the company’s operational network, strengthen AI-led personalisation and recommendation capabilities, enhance supply chain efficiency, and improve customer intelligence and CRM systems.
Founded in 2024 by Vijay Ghadge and Abhishek Daiya, Zuvees operates a technology-driven gifting platform focused on curated and personalised gifting experiences.
Zuvees combines premium gifting products with AI-powered recommendations and fulfilment solutions. Its platform addresses common gifting challenges around quality assurance, delivery reliability, and cross-border fulfilment through features such as personalised recommendations, pre-dispatch video approvals, and customer satisfaction guarantees.
The company began commercial operations in the UAE in early 2025 and currently serves customers across more than 50 countries. According to the startup, it has achieved an annualised revenue run rate exceeding $3 million, with a significant share of transactions driven by international gifting orders.
Its product portfolio includes luxury floral arrangements, customised gift hampers, premium chocolates, cakes, perfumes, and personalised gifting products tailored for both individual and corporate customers.