Zuvees raises fresh capital to expand across the Middle East and global markets

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.