Curated gifting brand The Gift Studio, founded by Shivika Goenka, is eyeing a sharp scale-up as it targets ₹100 crore in revenue this fiscal year and projects a threefold jump to ₹300 crore within the next three years. The company closed last year at ₹80 crore and is currently operating at near-neutral EBITDA, with profitability peaking during festive seasons that drive the bulk of its B2B and B2C demand.
The brand has built a portfolio of over 140 curated hampers and 200-plus proprietary SKUs stocked across its offline stores. Its festive catalogue, refreshed multiple times a year, includes gourmet foods, flowers, fragrances, home décor and accessories. Recently, The Gift Studio launched a private-label homeware line featuring mugs, coasters and limited-edition collaborations with designers Anamika Khanna, Bose Krishnamachari and Paresh Maity. The move is part of its push beyond food into lifestyle and wellness, with new offerings such as premium barware, celebration kits and even iconic products like the Saregama Carvaan.
Currently present across 60 shop-in-shops inside Nature’s Basket and Spencer’s outlets, the company is now preparing to launch three exclusive stores. The first will open in Kolkata, followed by Mumbai and Bengaluru. Each outlet, around 1,500 sq. ft., will be designed as an experiential space to allow customers to interact with the products and brand culture.
Digital channels, which contribute 8 per cent of revenue today, are projected to account for as much as 50–60 per cent going forward. The brand is live on Amazon, Flipkart, Myntra, Blinkit and Nature’s Basket’s online platform, with Swiggy Instamart and Zepto to follow. Products are priced between ₹300 and ₹16,000, positioning The Gift Studio as a premium one-stop shop for both everyday gifting and festival-led purchases.
