Online gifting website Indian Gifts Portal has raised $2 million in lieu of 10 per cent stake in its first round of funding from Naveen Arya, one of the promoters of Karamchan Appliances, and existing investor Tarun Joshi, India director of UK-based private equity firm 3i, Rahul Garg, Founder and CEO of Indian Gift Portal told DEALSTREETASIA.
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