Zuvees bags Rs 15 Cr from IvyCap in ongoing Series A; total raise hits Rs 30 Cr
Premium D2C gifting platform Zuvees has secured Rs 15 crore (~$1.6M) from IvyCap Ventures as part of an ongoing Series A round, doubling cumulative funding to Rs 30 crore. The brand, which clocks $3M+ ARR and ships to 50+ countries, will deploy capital into AI personalization, supply chain, and CRM infrastructure following its UAE launch in 2025.
What happened
Premium gifting D2C platform Zuvees raised Rs 15 crore from IvyCap Ventures in ongoing Series A, taking total funding to Rs 30 crore. Funds to expand AI
Key facts
- Rs 15 crore
- $1.6 million
- Rs 30 crore total
- $3 million ARR
- 50+ countries
Why this matters
Zuvees' 50+ country footprint and UAE expansion make it a credible bolt-on target for global gifting marketplaces or luxury conglomerates seeking digital-native premium gifting capabilities.