Zuvees nets Rs 15 Cr from IvyCap in ongoing Series A, total funding hits Rs 30 Cr
Premium D2C gifting platform Zuvees has raised Rs 15 crore (~$1.6M) from IvyCap Ventures in an ongoing Series A round, taking cumulative funding to Rs 30 crore. The capital will fuel AI-led personalization, supply chain build-out, and CRM. Zuvees, which clocks ~$3M ARR and ships to 50+ countries, launched UAE operations in early 2025.
What happened
Indian premium gifting D2C platform Zuvees raised Rs 15 crore from IvyCap Ventures in ongoing Series A, taking total funding to Rs 30 crore. Funds will expand
Key facts
- Rs 15 crore
- $1.6 million
- Rs 30 crore total
- $3 million ARR
- 50+ countries
Why this matters
Zuvees' cross-border footprint and IvyCap backing make it a credible bolt-on for larger gifting, lifestyle, or occasion-commerce platforms seeking instant international reach and a premium AOV cohort.