Joi Gifts operates an online gifts marketplace serving the MENAT region. The platform has added features such as the ability to send NFTs purchasable by credit card and an Express Gift Delivery service that delivers in under 90 minutes in Riyadh, Dubai and Amman. Management says merchants in the region are seeking online sales channels and that customer demand for online gifting is accelerating. Financially, Joi Gifts reports revenue has doubled since 2021 and that it continues to see double-digit month-on-month growth. The company has expanded product and fulfillment capabilities to support faster delivery and digital gifting options. Joi Gifts has attracted regional investors and angel backers as it scales across the region.

Total raised

$1M

Funding rounds

1

Latest round

Series B

Latest activity

May 2022