Bangalore-based gifting company, Giftxoxo which is owned and operated by Nreach Online Services Pvt. Ltd, has acquired Actizone, a startup focused around discovery and booking of kids related activities. As part of the deal, Actizone’s founder Rajat Varma is joining Nreach to lead the sales & business development in Western India market.
With this development, the company would be benefited with the experience of sales, strategy and vendor management that Rajat Varma, will bring to the Nreach team.
Founded by Rajat Varma and Bhavin Barbhaya, Actizone was launched in 2015. It is an online marketplace for Extracurricular Activity Classes. It is a platform that helps parents to discover and book enriching classes & activities for their children in their neighborhood by providing comprehensive information.
Giftxoxo was founded in 2012 by Sumit Khandelwal, Manoj Agarwal, Abhishek Kumar and Kushal Agrawal. The company’s efforts have been directed towards providing experiences across various categories including gourmet, adventure, tours & getaways, health & wellness, arts & learning and philanthropy. These experiences and activities can be booked from the location based mobile app Frogo or gifted via the website Giftxoxo.com. Frogo mobile app helps in discovery and booking of various activities for kids, youth and family in a city or tourist destination.
In October 2015, Giftxoxo acquired Yipeedo, a start-up focussed on helping city dwellers to discover and book leisure activities.Category Business News