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Company type | Private company |
---|---|
Industry | E-Commerce |
Founded | 2016 |
Founder | Tarun Joshi |
Headquarters | , |
Number of locations | 50 in Indian cities, [1] 1 in USA |
Area served | Worldwide |
Key people | Tarun Joshi (
Founder &
CEO) Priyesh Neema ( CPO) |
Revenue | ![]() |
Number of employees | 300 [2] |
Website |
www ae |
IGP is an India-based online retailer of personalized, floral, gourmet, and handmade gifting products, as well as a distribution company, founded by Tarun Joshi in 2017. [3] The company is headquartered in Mumbai, India, and operates in India, Singapore and UAE. [4] [5] [6] [7]
IGP operates as a subsidiary of Join Ventures, a Mumbai-based e-commerce company that owns various brands, such as IGP, Interflora, Masqa, and IGP for Business. [8] [9]
IGP was founded in 1999 and acquired by Indian entrepreneur and investor Tarun Joshi in 2012. [10] [11] [12] In 2015, the company acquired ArtisanGilt, an e-commerce portal for ethnic wear and fashion jewellery. [13]
In 2017, the company launched an online gift discovery platform that provides context-based search allowing users to discover a particular gift, based on parameters such as recipient, relationship, occasion and personality. It is India's first gift discovery platform according to Business Standard. [14] In February 2024, the company launched its new retail store in Bandra West, Vashi, & Breach Candy. [15] [16]
Some of the product categories at IGP include Festival Merchandise, Flowers, Cakes, Plants, Gourmet foods, Personalized Products, Gift Cards, Jewellery, Toys & Games and Home & Living. [17] [14]
In October 2017, Interflora, a global flower delivery network opened its first office in Mumbai in partnership with IGP. [18] In July 2019, IGP formed a partnership with The Womb as a part of their business and brand growth journey. [19]
IGP was the official gifting partner of the Akshay Kumar starrer Rakshabandhan movie. [20]
In January 2023, IGP partnered with Bollywood actress Ananya Panday for Valentine's Day. [21] Subsequently, in May 2023, the company entered into a collaboration with Bollywood actress Kajol for Mother's Day. [22] In July 2023, the company teamed up with the Indian actress, Pooja Hegde, for a Rakhsha Bandhan campaign. [23]
In October 2016, IGP raised $2 million (₹13 crore approx) in seed funding. The round was led by angel investors Naveen Arya, promoter, Karamchand Appliances and Tarun Joshi, Director, PE firm, 3i. [14] [24]
In December 2017, the company raised an undisclosed amount of Pre Series A funding led by Venture Catalysts. [25]
In February 2022, the company secured $10 million in a Series A funding round led by DSG Consumer Partners, Rajiv Dadlani Group, 9Unicorns and Venture Catalysts. [26] Additionally, in September of the same year, IGP received $23.5 million in its Series B funding round, with Motilal Oswal Alternate Investment Advisors (MO Alts). [27] [28]
2011:
2013:
2023: IGP was awarded the Guinness World Record for creating the longest chain of bracelets in the form of Rakhis. [30] [31]
![]() | |
Company type | Private company |
---|---|
Industry | E-Commerce |
Founded | 2016 |
Founder | Tarun Joshi |
Headquarters | , |
Number of locations | 50 in Indian cities, [1] 1 in USA |
Area served | Worldwide |
Key people | Tarun Joshi (
Founder &
CEO) Priyesh Neema ( CPO) |
Revenue | ![]() |
Number of employees | 300 [2] |
Website |
www ae |
IGP is an India-based online retailer of personalized, floral, gourmet, and handmade gifting products, as well as a distribution company, founded by Tarun Joshi in 2017. [3] The company is headquartered in Mumbai, India, and operates in India, Singapore and UAE. [4] [5] [6] [7]
IGP operates as a subsidiary of Join Ventures, a Mumbai-based e-commerce company that owns various brands, such as IGP, Interflora, Masqa, and IGP for Business. [8] [9]
IGP was founded in 1999 and acquired by Indian entrepreneur and investor Tarun Joshi in 2012. [10] [11] [12] In 2015, the company acquired ArtisanGilt, an e-commerce portal for ethnic wear and fashion jewellery. [13]
In 2017, the company launched an online gift discovery platform that provides context-based search allowing users to discover a particular gift, based on parameters such as recipient, relationship, occasion and personality. It is India's first gift discovery platform according to Business Standard. [14] In February 2024, the company launched its new retail store in Bandra West, Vashi, & Breach Candy. [15] [16]
Some of the product categories at IGP include Festival Merchandise, Flowers, Cakes, Plants, Gourmet foods, Personalized Products, Gift Cards, Jewellery, Toys & Games and Home & Living. [17] [14]
In October 2017, Interflora, a global flower delivery network opened its first office in Mumbai in partnership with IGP. [18] In July 2019, IGP formed a partnership with The Womb as a part of their business and brand growth journey. [19]
IGP was the official gifting partner of the Akshay Kumar starrer Rakshabandhan movie. [20]
In January 2023, IGP partnered with Bollywood actress Ananya Panday for Valentine's Day. [21] Subsequently, in May 2023, the company entered into a collaboration with Bollywood actress Kajol for Mother's Day. [22] In July 2023, the company teamed up with the Indian actress, Pooja Hegde, for a Rakhsha Bandhan campaign. [23]
In October 2016, IGP raised $2 million (₹13 crore approx) in seed funding. The round was led by angel investors Naveen Arya, promoter, Karamchand Appliances and Tarun Joshi, Director, PE firm, 3i. [14] [24]
In December 2017, the company raised an undisclosed amount of Pre Series A funding led by Venture Catalysts. [25]
In February 2022, the company secured $10 million in a Series A funding round led by DSG Consumer Partners, Rajiv Dadlani Group, 9Unicorns and Venture Catalysts. [26] Additionally, in September of the same year, IGP received $23.5 million in its Series B funding round, with Motilal Oswal Alternate Investment Advisors (MO Alts). [27] [28]
2011:
2013:
2023: IGP was awarded the Guinness World Record for creating the longest chain of bracelets in the form of Rakhis. [30] [31]