Not sure where to go on your next date? Head to CherishX

CherishXIt was a regular day for Anika Agarwal, a communication designer. As usual, she was browsing through Facebook and came across an advertisement. She would typically not pay much attention to such ads, except this time it caught her eye. It promised discovery, personalisation and booking of activities and experiences ranging from a romantic Armenian […]

Read more

Exclusive: Indian Gifts Portal raises $2 mn from Karamchand group, others

Rahul Garg, co-founder, IGP.ComIndian Gifts Portal (IGP) has raised $2 million in the latest round of funding from the family office of Naveen Arya, one of the three promoters of Karamchand Appliances, and Tarun Joshi, the India director of UK-based private equity firm 3i. Karamchand Appliances is best known for its mosquito repellent brand All-Out. Joshi, who is […]

Read more

Online gifting platform Giftxoxo raises $450k from stake sale to Mahindra Holidays

Resort_thinkStock2Mahindra Holidays & Resorts India Ltd has picked a 12% stake in Bengaluru-based Nreach Online Services Pvt Ltd, which operates online gifting portal Giftxoxo.com. According to filings made with the BSE, the acquisition is priced at Rs 3 crore ($450K). The investment will allow Giftxoxo to curate activities and experiences such as cooking classes, expeditions, […]

Read more