Swageazy, a tech-enabled company gifting platform, has raised Rs 5.4 crore in a follow-on funding spherical from current investor InfoEdge Ventures, with participation from the founders of HR tech corporations OnGrid and HROne.
Based by Sameer Wahie and Sneh Setu, the startup’s on-line platform permits companies design branded merchandise, handle stock, automate gifting workflows and ship orders globally from one dashboard. It connects with HRMS instruments by way of APIs to set off items for onboarding, birthdays and work anniversaries, and lets staff or purchasers decide from a list inside a set funds.
Additionally it is organising in-house printing infrastructure, together with the world-class industrial-grade manufacturing tools, to fulfill worldwide high quality benchmarks and lower fulfilment lead occasions.
The startup claims that it serves over 800 enterprises together with Amazon, LinkedIn, Wipro, Coursera and PhonePe. Swageazy runs 30,000 sq. ft. of warehousing throughout Delhi and Bengaluru
The startup will use the raised capital to increase its product and know-how groups, develop its gross sales operate, and deepen attain amongst enterprise HR and advertising patrons.
Sameer Wahie, Co-founder of Swageazy, added, “Company gifting is not nearly hampers, it’s a key lever for worker engagement, model constructing, and buyer relationships. However for HR and advertising groups, managing distributors, high quality, and timelines throughout places stays a problem. Swageazy is constructing a dependable, tech-enabled infrastructure to simplify this. With the brand new funding, the corporate will strengthen its platform and fulfilment community to assist groups seamlessly execute gifting and engagement programmes throughout India and globally.”
“We backed Swageazy early and have been persistently impressed by the crew’s execution and customer-first strategy. By combining a technology-first stack with dependable fulfilment infrastructure, they’ve delivered robust consumer outcomes, mirrored in high-quality suggestions and repeat-led development throughout enterprise clients. With early traction within the US and deeper enterprise relationships, we consider Swageazy is well-positioned to construct a scalable, international platform for company merchandise,” mentioned Kitty Agarwal, Companion at InfoEdge Ventures.