Swageazy, an all-in-one enterprise gifting platform, has raised Rs 7 crore in a seed funding round led by Info Edge Ventures. The round also saw 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 fresh funds will be used by the start-up to acquire talent and bolster product development as well as technology, with a vision to further expand its customer portfolio.
Founded by Sameer Wahie and Sneh Setu in March 2021, Swageazy, through its tech-first approach, has built a platform that enables businesses 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.
Commenting on the company’s vision and fundraising, 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."
Speaking on their investment in Swageazy, 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."
"Swageazy has built an offering that is essential in the value chain of organisations, regardless of their scale," said Sanil Sachar, Founding Partner at Huddle. He added that the efficiency of their product has been witnessed by several startups and global organisations, leading to reduced costs, increased employee morale and improved processes for HR within these organisations, with a solution that has a global use-case.