%20Sameer%20Wahie,%20Founder%20&%20CEO,%20Swageazy%20&%20Sneh%20Setu,%20Founder%20&%20CPTO,%20Swageazy.jpg) |
| (L-R) Sameer Wahie, Founder & CEO, Swageazy & Sneh Setu, Founder & CPTO, Swageazy |
- The platform is already catering to 125+ enterprises and have curated 30,000+ swag packs
- Some of the company’s key customers include LinkedIn, Coursera, Amazon, Pidilite, and Chargebee, amongst others
- The funding will be deployed towards the acquisition of talent, as well as bolstering product development and technology, in a bid to acquire new users
Founded by Sameer Wahie and Sneh Setu in March 2021, Swageazy was established with a vision to simplify and streamline gifting and make the whole gifting process as easy as a push notification. Through its tech-first approach, the company 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 fundraise, Sameer Wahie, Founder & CEO, Swageazy said, “The corporate gifting industry has boomed over the past few years, as the new work paradigms have heightened the importance of building a rapport with employees, clients, and potential customers alike. Our goal is to bring the efficiency and scale of the digital era to the age-old channel of offline gifting. It will integrate with current marketing, sales, and HR management applications and enable users to automate gifting based on milestones. We also intend to use data to estimate the return on investment for these gifting initiatives. 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, “Anyone who has ordered swag or gifts for their employees, customers, prospects or key stakeholders knows how broken and inefficient the entire process is. Swageazy offers one of the most comprehensive end-to-end gifting platforms with a marketplace of curated vendors, ability to customize giftpacks, seamless integration with existing HRMS/CRM tools, global fulfilment and deep analytics. In a short span of time, Swageazy has become a trusted partner to enterprises like Amazon, Linkedin, Coursera, Chargebee, Pidilite, among others. The team has executed well in a bootstrapped manner so far and we are very excited to partner with them on this journey of scaling Swageazy into a brand that becomes synonymous with swag/gifting.”
Sanil Sachar, Founding Partner, Huddle added, “Swageazy has built an offering which is essential in the value chain of organisations, irrespective of their scale. The efficiency of their product has been witnessed by several startups and global organisations, leading to reduced costs, increased employee morale, improved processes for HR within these organisations, with a solution that has a global use-case. We're incredibly proud to see how Sameer and Sneh, have built this venture keeping a fundamental focus on sustainability and then scale, to get to this point, where we are joined by a great list of brilliant investors to help continue their scale. We're excited to take Swageazy across geographies in a solution that has been increasingly demanded.”
Swageazy has ambitious growth plans for the coming years and seeks to enhance its tactics to fuel expansion across Indian and international markets. The platform has so far curated, packed, and shipped 30,000+ swag packs since its inception and have been brewing swag for 125+ enterprises including LinkedIn, Coursera, Amazon, Pidilite, and Chargebee, amongst others.
About Swageazy
Swageazy is an all in one enterprise gifting platform assisting enterprises to leverage the power of physical sends through gifts, cards, and custom merchandise to drive engagement, boost brand awareness and build authentic connections. Founded in March 2021 by Sameer and Sneh, Ex-Uber, as they realised the potential and growing scale of swag in the Indian market. We are India’s first platform that automates gifting for employees, customers, and prospects globally.
About Info Edge Ventures
Info Edge Ventures is an early-stage venture capital fund backed by Info Edge and Temasek. The firm invests as the first or second institutional cheque in Seed to Series A technology companies across consumer internet, e-commerce, SaaS, and fintech, with significant capital reserved for follow-ons. They are long-term patient capital with holding period of more than a decade. The team has previously deployed over $250mn across 25+ early-stage startups, where they are the first investors and continuing large shareholders of market leading companies like Zomato (NSE: ZOMATO) and Policybazaar (NSE: POLICYBZR). They have invested in startups across consumer internet, b2c and b2b ecommerce, fintech, edtech, healthtech, logisticstech, gaming, digital media, and SaaS.
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