# IGP

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/igp

- Industry: Internet
- Headquarters: Mumbai, India
- Website: www.igp.com
- Total disclosed funding: $0.5M
- Latest round: Seed (May 1, 2018)
- Investors on record: 2

## About

IGP.com, based in India, operates as a global online gift delivery platform, specializing in personalized gifts and seamless shopping experiences for various occasions.IGP, or Indian Gifts Portal, was founded in 1999 in Mumbai, India. The company offers a comprehensive range of gifting solutions and has undergone strategic developments to enhance its service offerings. The founders, Qing Yu and Tarun Joshi, have been pivotal in shaping the company's direction. In its latest funding round, IGP raised INR 30.640 mn in a Seed round led by investors Central Investment Partners and Venture Catalysts, bringing the total amount raised to INR 30.640 mn, with a current valuation of INR 1565.483 mn.IGP is a comprehensive online gift delivery platform that specializes in personalized gifts, flowers, cakes, and other gifting solutions for various occasions. The platform offers same-day and midnight delivery options throughout India and to international destinations like the USA, UK, Australia, and Canada. Its diverse product range caters to individual consumers celebrating special moments, with an extensive collection suitable for birthdays, anniversaries, and festivals.In the most recent fiscal year 2023, IGP generated revenue of INR 4022850. The company operates on a direct-to-consumer sales model, enabling customers to purchase gifts directly from its website. The platform features a transparent pricing model designed to accommodate different customer budgets, ensuring wide accessibility for its offerings.Looking ahead, IGP plans to expand its product offerings and enhance its market presence. The company is exploring new gifting solutions and aims to enter additional international markets. Recent funding will be utilized to support these initiatives and facilitate growth in targeted regions. Additionally, IGP is engaged with new investor Pivot Ventures, which may provide further opportunities for innovation and strategic partnerships.

## Funding rounds

- Seed, May 1, 2018, $0.5M — Venture Catalysts, Central Investment Partners

## Investors

- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Seed
- Central Investment Partners (https://capitalatlas.ai/funds/central-investment-partners) — Seed