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