Funding · Commerce & Consumer Brands

Zuvees raises fresh ₹15 crore from IvyCap in Series A

What they do

Zuvees is a Dubai-based cross-border gifting platform offering curated gifts and AI recommendations

The company secured ₹15 crore in fresh capital from existing investor IvyCap Ventures for its ongoing Series A round

Funds will strengthen technology and expand store footprint while targeting total Series A funding of up to ₹80 crore

Zuvees raised ₹15 crore in fresh capital from IvyCap Ventures as part of an ongoing Series A round.
This investment brings the company's total raised funds to ₹30 crore (approx USD 3.3 million).
IvyCap Ventures acted as an existing investor participating in this follow-on funding round.
The company is targeting a total Series A raise between ₹60 crore and ₹80 crore.
Zuvees plans to use the funds to strengthen technology infrastructure and expand its store footprint.
Growth strategies include acquiring customers and enhancing AI-powered personalization capabilities.
The startup aims to improve supply chain efficiency and deepen CRM and data intelligence.
Founders Vijaykumar Ghadge and Abhishek Daiya lead the company's strategic direction.

Zuvees operates in the India gifting market valued at ~$75 billion in 2024.
A government rule change now allows unlimited value for courier export consignments, aiding cross-border gifting.
Simpler logistics rules support cross-border e-commerce expansion efforts.
Zuvees serves customers across more than 50 countries globally.

Zuvees is a Dubai-headquartered cross-border gifting platform.
It offers curated gifts, flowers, and personalized experiences to international customers.
The model uses AI-led personalization combined with expert curation services.
Features include Video Approval before dispatch for quality assurance.
The company maintains a 100% Customer Satisfaction Commitment policy.
Rapid fulfillment is a key operational capability for global deliveries.
Zuvees launched commercially in the UAE in early 2025.
The UAE served as a testing ground due to its cosmopolitan population.
The company does not position itself primarily as an AI business.

IvyCap Ventures (participated) — Vikram Gupta is the Founder and Managing Partner at IvyCap Ventures.

Product: AI-powered gifting platform with curated products, AI recommendations and fulfillment services
Customers: Global consumers seeking reliable, personalized, cross-border gifting solutions
How it makes money: D2C gifting marketplace with video approval before dispatch and customer satisfaction commitment
What sets it apart: Expert curation, AI-led personalization and rapid fulfillment addressing cross-border gifting challenges