Zuvees bags Rs 15 Cr from IvyCap in ongoing Series A; total raise hits Rs 30 Cr

Premium D2C gifting platform Zuvees has secured Rs 15 crore (~$1.6M) from IvyCap Ventures as part of an ongoing Series A round, doubling cumulative funding to Rs 30 crore. The brand, which clocks $3M+ ARR and ships to 50+ countries, will deploy capital into AI personalization, supply chain, and CRM infrastructure following its UAE launch in 2025.

— Filed Fri, 5 Jun, 2026, 06:41 IST · Source Entrackr · Newsletter · Updated

Premium gifting D2C platform Zuvees raised Rs 15 crore from IvyCap Ventures in ongoing Series A, taking total funding to Rs 30 crore. Funds to expand AI personalization, supply chain, and CRM. Launched UAE in 2025; ARR over $3M.

Why this matters

The fresh Rs 15 crore tranche doubles Zuvees' cumulative raise to Rs 30 crore, reinforcing investor conviction in its premium D2C gifting model post-UAE launch and $3M+ ARR milestone.

Retail-brand signals steady at 955 in the last 90 days.