Swageazy raises Rs 5.4 Cr in follow-on funding round from Info Edge Ventures
The founders of HR tech companies OnGrid and HROne participated in a follow-up funding round led by Info Edge Ventures that saw Swageazy, a corporate gifting platform, raise Rs 5.4 crore.
The money raised will be utilized to grow its technology and product teams, bolster its sales department, and increase its visibility among business clients.
Swageazy, which was founded by Sameer Wahie and Sneh Setu, gives companies the ability to create branded goods, handle inventory, automate gift-giving processes, and ship orders all over the world.
More than 800 businesses, including Amazon, LinkedIn, Wipro, Coursera, and PhonePe, are currently served by the startup. In order to speed up turnaround times, it is establishing internal printing capabilities and managing warehousing infrastructure throughout Bengaluru and Delhi.
Automated gifting for occasions like birthdays, work anniversaries, and onboarding is made possible by Swageazy’s integration with HRMS tools.
The company says it has expanded its enterprise clientele and fulfillment network tenfold since its seed round in 2022.
