Bangalore-based Nreach Online Services Pvt Ltd, which operates online gifting platform Giftxoxo.com, has raised angel funding from Kshatriya Ventures. The funds will be used to expand the company’s operations in Delhi and Mumbai as well as for hiring talent. The startup competes with Giveter, Giftbig, Indiangiftsportal, Gifts2India, BuddyGifting, Wishpicker, Giftology, Social Buddies and Badhai.
Source: NextBigWhat
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