Gurgaon-based enterprise-focused gifting startup Swageazy has raised Rs 7 crore in a seed funding round led by Info Edge Ventures, along with the participation from Anicut Capital, Huddle Ventures, and other prolific angel investors, including Ankur Agarwal, Co-founder, Dunzo, Dhruv Toshniwal, CEO and Founder, The Pant Project, and Kartik Mandaville, CEO, Springworks, amongst others.
The startup plans to use the raised capital to acquire talent and bolster product development and technology, with a vision to expand its customer portfolio further.
Founded in 2021 by Sameer Wahie and Sneh Setu, Swageazy enables businesses and enterprises to curate a gift pack of their choice, with Swageazy handling everything else—from design assistance to last-mile delivery across Indian and international markets.
Sameer Wahie, Founder and CEO of Swageazy, said, "The latest round of funding will enable us to accelerate our product development and improve our go-to-market (GTM) strategy to add significant value for our clients."
Commenting on the investment, Rishabh Katiyar, Principal at Info Edge Ventures, said, "In a short span of time, Swageazy has become a trusted partner to enterprises like Amazon, Linkedin, Coursera, Chargebee and Pidilite, among others."