India’s Gifting Startups Secured $115.9M in a Decade: Tracxn
The gifting industry has witnessed significant growth in recent years, with Indian startups playing a major role in this expansion. According to a report by Tracxn, Indian gifting startups have raised a staggering $115.9 million from 2015 to 2025 YTD. This figure is a testament to the growing popularity of gifting startups in the country. In this blog post, we will delve into the details of this report, highlighting the top-funded players and the trends that have shaped the industry.
2025 YTD: A Slow Start
The report by Tracxn reveals that Indian gifting startups raised a total of $57.6 million in 2025, with Indigifts being the sole startup funded this year. This figure is significantly lower compared to previous years, indicating a slow start to the year. However, this slowdown is not unique to the gifting industry, as many sectors have experienced a similar trend due to the ongoing economic challenges.
Top-Funded Players
Despite the slow start, the top-funded players in the Indian gifting industry have continued to attract significant investments. Xoxoday, Ferns N Petals, and ZoomIn are some of the top-funded players in the industry, having raised millions of dollars in funding from various investors.
Xoxoday, a digital gifting platform, has raised a total of $25.4 million in funding, making it one of the top-funded players in the industry. The company offers a wide range of gifting options, including personalized gifts, and has established itself as a leading player in the market.
Ferns N Petals, a popular online florist, has raised a total of $20.5 million in funding. The company has built a strong brand reputation and has expanded its offerings to include a range of gifting options, including cakes, chocolates, and more.
ZoomIn, a digital gifting platform, has raised a total of $15.7 million in funding. The company offers a unique gifting experience, allowing users to create personalized gifts with a range of options, including personalized messages and photos.
Globally, Gifting Startups Secured $1.73 Billion
The Indian gifting industry is not the only one experiencing growth. Globally, gifting startups have raised a staggering $1.73 billion in the same period, from 2015 to 2025 YTD. This figure is a testament to the growing popularity of gifting startups worldwide.
Rising Interest in D2C and Personalized Experiences
The gifting industry has witnessed a significant shift in recent years, with a growing interest in direct-to-consumer (D2C) and personalized experiences. Consumers are increasingly looking for unique and personalized gifting options, and startups are responding to this demand by offering customized products and services.
D2C gifting platforms have gained popularity, allowing consumers to purchase gifts directly from the manufacturer or producer. This direct connection between the consumer and the manufacturer enables consumers to have more control over the gifting process and ensures that they receive high-quality products.
Personalized experiences are also becoming increasingly popular, with consumers seeking unique and memorable experiences. Gifting startups are responding to this demand by offering personalized gifts, such as customized jewelry, personalized messages, and more.
Conclusion
The Indian gifting industry has witnessed significant growth in recent years, with Indian startups playing a major role in this expansion. According to a report by Tracxn, Indian gifting startups have raised a staggering $115.9 million from 2015 to 2025 YTD. While the industry has experienced a slow start to 2025, the top-funded players continue to attract significant investments. The growing interest in D2C and personalized experiences is likely to shape the future of the gifting industry, with consumers seeking unique and memorable experiences.
Source:
https://startuptalky.com/news/india-gifting-startups-secure-115-9-million-tracxn-report/
