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Givlon Gets $500K From Keiretsu Forum Turkey

Işıl AkpınarBy Işıl Akpınar29 April 2022

Keiretsu Forum Turkey’s angel investors invested 500 thousand dollars in Givlon, an online gift list creation and sharing platform for weddings and baby showers.

Givlon, which was established in February 2021 and is preparing to launch today after more than a year of development; It stands out as a new generation platform that enables creating and sharing lists for wedding, new home and baby gifts. Bringing together Turkey’s distinguished brands in the home and baby categories, Givlon was invested by the angel investors of Keiretsu Forum Turkey at a valuation of 500 thousand dollars.

Givlon Founding Partners Alev Tulga and Murat Barışık stated that the idea of ​​Givlon emerged from their experience in receiving gifts, and said:

Givlon understands your needs and prepares a special checklist for you so that it can be used for many years. According to this checklist, you can easily create your Givlon list and share it with your relatives. Regardless of whether they join your organization or not, people who want to congratulate you with a gift give you exactly the gift you want without leaving their home.

Givlon Founding Partners

Also read: Mükellef Received 1 Million Dollars Investment!

$500 Thousand Valuation Investment in Givlon

Talking about the ‘group gift’ feature, which has not been used before in e-commerce in Turkey, the founders of Givlon said the following:

When a user who is preparing for marriage or expecting a baby marks a product as a ‘group gift’, several people who are considering buying a gift can buy the product by dividing the total cost. Therefore, the ‘group gift’ feature allows everyone to contribute to the desired product at the rate of their budget. The person given the gift can add the larger and needed products to the Givlon list without hesitation, and the people who buy the gift contribute to a more meaningful gift that they are sure will be used, at the rate of their budget. It is breaking new ground in terms of getting to know the user and understanding their needs, preparing a special checklist for him, presenting both wedding (new house) and baby lists together, and the group gift feature.

Givlon Founding Partners

Givlon operates on the same revenue model as marketplaces. People who are preparing to start a house or expecting a baby can create their profiles on it, access their specially prepared checklists, prepare their pages according to the products they need and share them with their relatives without paying any fee.

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Işıl Akpınar

    I am a graduate of Applied English and Translation. I am currently translating using Trados 2021 version and I enjoy making these translations.

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