# Swadesh Essfil Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/swadesh-essfil-pvt

- Industry: Internet
- Headquarters: Vadodara, India
- Website: www.gingercrush.com
- Total disclosed funding: $0.7M
- Latest round: Seed (Jan 29, 2016)
- Investors on record: 3

## About

Swadesh Essfil Pvt. Ltd. operates Gingercrush, a company specializing in customized products across various categories, including home decor, clothing, and personal gifts, catering to both individual consumers and corporate clients.Gingercrush focuses on providing customized products, founded in 2015 in Vadodara, India. The company has executed a total of 3 deals, with the most recent funding round being a Seed round on January 29, 2016, where it raised INR 44.030 mn from investors including Saha Asset Advisors and Mumbai Angels. The current valuation stands at INR 394.908 mn and is led by CEO Rajvi M.Gingercrush offers a wide array of customized products, such as personalized golf balls, coasters, apparel, and various home and kitchen accessories. These items are designed for individual consumers and corporate clients, addressing needs for gifting, branding, and personal expression, primarily serving the Indian market while also reaching broader audiences through online sales channels.In the most recent fiscal year 2023, Gingercrush reported a revenue of INR 45,214,000 and an EBITDA of INR 3,062,800, generated through direct-to-consumer and B2B sales. The company’s transaction model allows customers to customize their product selections online, appealing to diverse consumer segments.Gingercrush plans to leverage its recent funding of INR 44.030 mn from its Seed round to expand its product offerings and enhance its market reach. The company is focusing on launching new customized product lines, with a targeted release in the upcoming year. Additionally, there are plans to penetrate new geographical markets, particularly in urban centers across India, by the end of 2024. The strategic use of funds will support product development and marketing initiatives to facilitate this expansion.

## Funding rounds

- Seed, Jan 29, 2016, $0.7M — Mumbai Angels, Saha Asset Advisors, 3one4Capital Advisors

## Investors

- Mumbai Angels (https://capitalatlas.ai/funds/mumbai-angels) — Seed
- Saha Asset Advisors (https://capitalatlas.ai/funds/saha-asset-advisors) — Seed
- 3one4Capital Advisors (https://capitalatlas.ai/funds/3one4capital-advisors) — Seed