• UAE-based gifting platform Zuvees has raised $1.6 million from IvyCap Ventures as part of its ongoing Series A funding round to support global expansion and AI product development.
• Founded in 2024 by Vijaykumar Ghadge and Abhishek Daiya, Zuvees operates an AI-powered cross-border gifting platform that enables individuals and businesses to send personalised gifts across international markets, streamlining the gifting experience through technology.
• The company plans to use the funding to strengthen its AI capabilities, expand its presence across the Middle East and other global markets, and scale its corporate and consumer gifting services.

Press release:

Zuvees, an AI-powered global gifting platform, has raised $1.6 million from IvyCap Ventures as part of its ongoing Series A funding round.

The investment will support the company’s next phase of growth, including the expansion of its international footprint, enhancement of its AI-driven capabilities, and scaling of its gifting services for both businesses and consumers.

Zuvees has built a cross-border gifting platform designed to simplify the process of sending personalised gifts across multiple markets. By leveraging artificial intelligence, the platform helps users discover, customise, and deliver gifting experiences more efficiently.

The new funding comes as demand for digital gifting solutions continues to grow globally, driven by increasing cross-border commerce and rising expectations for personalised customer experiences.

With the fresh capital, Zuvees plans to strengthen its presence across the Middle East and international markets, invest in product innovation, and expand its network of gifting partners and merchants.

The company aims to position itself as a leading global gifting platform, combining AI-powered personalisation with seamless international fulfilment capabilities.