What is Join Ventures?
Join Ventures operates as India's largest celebration company, consolidating a portfolio of digital-first brands within the celebration ecosystem. Its key brands include IGP, Interflora, and IGP for Business, catering to a wide spectrum of special purchases. The company's offerings span luxury flowers, indulgent food items, ready-to-celebrate festival gift hampers, and a Gifttech platform designed to streamline corporate gifting. By providing curated products and specialized services such as same-day delivery and personalization, Join Ventures aims to enhance celebratory experiences, making them more bespoke and personal.
How much funding has Join Ventures raised?
Join Ventures has raised a total of $33.5M across 2 funding rounds:
Series A
$10M
Series B
$23.5M
Series A (2022): $10M with participation from DSG Consumer Partners, Venture Catalysts, 9Unicorns, and Rajiv Dadlani Group
Series B (2022): $23.5M led by Convivialité Ventures and MO Alternate Investment Advisors
Key Investors in Join Ventures
Convivialité Ventures
Convivialité Ventures, the venture arm of Pernod Ricard, focuses on shaping the future of socializing by partnering with and investing in startups that offer innovative services and experiences. Based in San Francisco, they seek to redefine conviviality beyond wines and spirits, exploring opportunities in hospitality and entertainment.
DSG Consumer Partners
DSG Consumer Partners is dedicated to building insurgent consumer brands in India and Southeast Asia, having supported over 100 founders and developed more than 80 brands since its inception in 2012. The company focuses on creating consumer-loved brands through a philosophy of building 'brick by brick'.
9Unicorns
100 Unicorns is an accelerator program dedicated to transforming and accelerating early-stage companies into successful ventures. It provides support beyond capital, including mentorship from experienced founders, strategic guidance, and access to a vast network of global investors and industry leaders.
What's next for Join Ventures?
With substantial enterprise-level backing and a recent strategic investment, Join Ventures is poised for accelerated growth and market consolidation. The company's focus on a diverse digital-first brand portfolio within the celebration ecosystem, coupled with its robust gifting solutions, positions it favorably to capitalize on evolving consumer demands for curated and convenient gifting experiences. Future strategies will likely involve further brand acquisitions, technological enhancements to its Gifttech platform, and expansion of its service offerings to deepen its market penetration and solidify its leadership in India's celebration industry.
See full Join Ventures company page