Swageazy, a corporate gifting platform based in Gurugram, has raised ₹5.4 crore ( US$584,000 ) in a follow-on funding round led by InfoEdge Ventures. The round also included support from the founders of HR tech companies OnGrid and HROne.
The company will use this funding to strengthen its product and tech teams, boost its sales efforts, and expand its presence among large business clients.
Swageazy was founded in 2021 by Sameer Wahie and Sneh Setu. It is a tech platform that helps companies manage corporate gifting and branded products in one place. Businesses can design custom items, track inventory, automate gifting, and send gifts anywhere in the world.
The company serves over 800 big clients like Amazon, LinkedIn, Wipro, Coursera, and PhonePe. It also has large warehouses in Delhi and Bengaluru, covering around 30,000 sq. ft. Its system connects with HR tools, so companies can automatically send gifts for events like onboarding, birthdays, and work anniversaries. Employees can also choose gifts from a selected list within a set budget.
To improve quality and delivery speed, Swageazy is building its own printing setup using advanced machines. The corporate gifting market in India is still mostly offline but demand for digital solutions is growing due to hybrid work. Swageazy aims to solve this by offering a complete end-to-end platform.
Since 2022, the company has grown 10 times, added more customers, and improved its delivery network. It is also expanding into international markets like the US.
Swageazy offers over 10,000 products and follows SOC 2 and ISO standards for security and compliance. With the new funding, the company plans to grow further and become a global leader in corporate gifting and employee engagement.
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