Seeders Venture Capital has invested in Hyderabad based Capricorn Gifting Solutions Pvt Ltd. Founded in April 2011 by Rajiv Lulla, the company is a corporate gifts and promotional products company with clients in IT, Pharma and other industries.
Capricorn Gifting draws on the almost 9 years experience of its founder Rajiv in ideating and building a corporate gifting and promotional products business. A brick-and-mortar company, Capricorn Gifting aims to use technology and Internet as key enablers to grow exponentially by increasing its reach and customer experience.
The corporate gifting space has seen a lot of traction over the last few years (eYantra has raised $7.8mn), though the competition from local vendors and strong tie-ups with HR/admin has been a huge challenge for the industry.
Other investment by Seeders are:
- Cloud Based Learning Platform, Eduora Receives Seed Funding from Seeders
- Portal For Buying/Selling Cars, CarSingh Raises Seed Fund From Seeders Venture Capital