Digital gifting startup Bouxtie to come in India

Welcome, Bouxtie!
About Bouxtie
Founded in the year 2013 by Renato Libric in San Francisco, Bouxtie is a user-friendly app that sends thoughtful video and customized gift cards instantly on social media using a smartphone. The user can forward the gift voucher. It works on real-time payment. The app can easily monitor social media. The startup aims to send and share love within no time. Gone those days of buying paper cards and gifting them when you meet the person. Now, it’s time to give digital gifts!
Apart from having a B2C platform, Bouxtie offers a platform for retailers to market and advertise themselves. With more than hundred international retailers on board, Bouxtie is becoming a global digital gift card solution.
Bouxtie Expansion in India
Bouxtie is on a mission to extend its services in lucrative markets across the world. India, being one of the emerging markets for digital products, entrepreneur Renato Libric boils down to Chennai and Bangalore for expansion by the end of this year. Currently, Libric is finding strategic investors in India, who possess a deep understanding of the digital world. Till date, the startup has raised $2.7 million of funding.
It has been observed that 60% of digital servicing startups encounter failure. Let’s see how well Bouxtie does in India.
For more details, click on http://timesofindia.indiatimes.com/tech/tech-news/Digital-gifting-startup-Bouxtie-plans-to-enter-India/articleshow/52632478.cms
Takeaways:-
- San Francisco- based startup, Bouxtie is a user-friendly app that sends thoughtful video and customized gift cards instantly on social media using a smartphone.
- India, being one of the emerging markets for digital products, founder Renato Libric boils down to Chennai and Bangalore for expansion by the end of this year.
- Till date, the startup has raised $2.7 million of funding.
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