Raseel Gifts Company Profile

Background

Company Overview

Founded in 2017, Raseel Gifts is a premier gifting solutions provider headquartered in Saudi Arabia. The company specializes in offering a diverse range of gifts tailored for various occasions, including graduations, birthdays, and weddings. With a mission to enhance the art of gifting, Raseel Gifts emphasizes the importance of sharing special moments through thoughtfully curated products and elegant presentation. The company has successfully delivered over 300,000 gifts, underscoring its significant presence in the retail industry.

Workforce and Culture

Raseel Gifts boasts a dynamic team of 32 employees, with a remarkable composition of 90% females and 10% males, reflecting its commitment to empowering the Saudi workforce. The company places a strong emphasis on discovering and nurturing young Saudi talents, fostering both personal and professional development within its ranks.

Key Strategic Focus

Core Objectives and Specialization

Raseel Gifts focuses on providing comprehensive gifting solutions for both B2C and B2B markets. The company's core objectives include delivering personalized and high-quality gifts that cater to a wide array of customer preferences and occasions. By collaborating with over 100 local and international suppliers, Raseel offers an extensive selection of products, totaling up to 1,000 carefully curated items.

Product Range and Services

The company's diverse product categories encompass perfumes, candles, flowers, chocolates, cakes, balloons, jewelry, accessories, clothing, mugs, baby products, prayer rugs, stationery, and coffee and tea tools. Raseel Gifts also provides ready-made gifts for various occasions and offers a unique "Create Your Own" service, allowing customers to personalize their gifts by selecting products, customizing boxes, and choosing gift cards.

Corporate Gifting Solutions

For corporate clients, Raseel Gifts offers tailored services such as mass giveaways, new employee kits, and VIP gifts, all customizable with the firm's branding. These services are designed to enhance employee loyalty and strengthen client relationships.

Financials and Funding

As of the latest available data, Raseel Gifts reports an estimated annual revenue of $969,000. Specific details regarding funding history, recent funding rounds, and notable investors are not publicly disclosed.

Pipeline Development

Raseel Gifts continually expands its product offerings and services to meet evolving customer needs. The company is actively developing new gifting solutions and enhancing its customization options to provide more personalized experiences for its clientele. Timelines for these developments are aligned with market demands and seasonal trends.

Technological Platform and Innovation

Proprietary Technologies and Methodologies

Raseel Gifts leverages advanced digital platforms to streamline the gifting process. The company's mobile application enables customers to browse products, customize gifts, and arrange deliveries seamlessly. This integration of technology enhances user experience and operational efficiency.

Leadership Team

While specific details about the leadership team are not publicly available, Raseel Gifts is known for its commitment to empowering the Saudi workforce and fostering young talents within the organization.

Leadership Changes

There are no publicly disclosed recent significant changes or appointments within the company's leadership team.

Competitor Profile

Market Insights and Dynamics

The global gifts retailing market is experiencing steady growth, with projections indicating an increase from $96.42 billion in 2025 to $117.98 billion by 2030, at a CAGR of 4.12%. Key trends include a shift towards personalized and experiential gifts, the rise of e-commerce platforms, and a growing emphasis on sustainable and eco-friendly products.

Competitor Analysis

Raseel Gifts operates in a competitive landscape alongside key players such as Etsy, Shutterfly, and Hallmark. These competitors focus on personalized gifting solutions, leveraging technology to offer customized products and enhance customer engagement. The market is characterized by a blend of traditional retailers and digital platforms, each striving to capture consumer interest through unique offerings and innovative services.

Strategic Collaborations and Partnerships

Raseel Gifts collaborates with over 100 local and international suppliers to offer a diverse range of products. These partnerships enable the company to provide high-quality and unique gifts, catering to a broad spectrum of customer preferences.

Operational Insights

Market Position and Competitive Advantages

Raseel Gifts distinguishes itself through its commitment to personalization, quality, and customer satisfaction. The company's diverse product range, coupled with its emphasis on elegant presentation and customization, positions it favorably in the market. Additionally, its focus on empowering the local workforce and fostering young talents contributes to a positive brand image and operational excellence.

Strategic Opportunities and Future Directions

Looking ahead, Raseel Gifts aims to capitalize on the growing demand for personalized and experiential gifts. The company plans to expand its digital presence, enhance its e-commerce capabilities, and explore new product categories to meet evolving consumer preferences. By leveraging its strengths in customization and quality, Raseel Gifts is well-positioned to achieve its future objectives and strengthen its market position.

Contact Information

Website: raseel.gift

Corporate Gifting Services: corporate.raseel.gift/en/

Mobile Application: Available for download on Android platforms.