For touching rs. 16 Crore in revenues and growing 300 per cent y-on-y by offering individual and corporate gifting solutions.

MADHUMITA PRABHAKAR

Giftxoxo is an online marketplace where customers can choose gifting solutions from thousands of radically interesting activities, experiences and gift vouchers such as flying a plane, doing a Bollywood film tour or more.

Funded by Khastriya Ventures, the 50-employee strong company enjoys 70 per cent customer return rate and has recorded a 300 per cent year-on-year growth since founding. In the next three years, it aims to touch Rs. 200 crore in revenues, with experience gifting being its key focus area.

Experience Gifting: It’s not your regular Joe gifts. Imagine being gifted a coupon to fly a plane or dine in a Yacht. That’s what these entrepreneurs are talking about. 

C2C gifting solutions It plans to launch an app which will enable general people to offer their talent for a price. For example, if someone knows how to bake a pie then they can offer to sell their service.