Giftology, a New Delhi-based social gifting venture founded by Nikhil Sama and Aman Narang, has secured a round of funding from Kiran Sidhu, the Chairman of Transact Network. Sidhu, who had founded Transact in 2006, has made seed investments in various technology and biotechnology ventures.
Giftology allows users to present redeemable gift vouchers (paid and free) to their friends. It makes money via commissions from associated sites. The funding will primarily be used to expand the team, build a better product and roll out mobile apps across platforms.
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