::::GiftCardsIndia.in records topline revenue of Rs 5 crore in first year of operations::::

<img src=&quot;http://www.indiadigitalreview.com/sites/default/files/GCIlogo.jpg&quot; border=&quot;0&quot; width=&quot;238&quot; height=&quot;125&quot; align=&quot;left&quot; /><br /><p>Ecommerce service provider SociaLinked, which had&nbsp;<span style=&quot;outline-width: initial; outline-color: initial&quot;>launchedGiftCardsIndia.in</span>&nbsp;as an online aggregator of gift vouchers and certificates in India in February 2011, has said that the portal has recorded topline revenue of 1 Million USD (Rs 5 crore) in the first year of operations with 60,000 cards sold. The company also claims that the portal now sells 160 brands on the network.</p><p style=&quot;outline-style: none; outline-width: initial; outline-color: initial; margin-top: 0.6em; margin-right: 0px; margin-bottom: 1.2em; margin-left: 0px; padding: 0px&quot;>Besides this, in the first year, the company also launched a white label solution where corporates can have employee dedicated gift card shop and avail them at a discount. The company has also roped in Malur Narayan who is a VP at TCS and their top man for business development globally to its Board of Advisors. Narayan joins Sankarson Banerjee former CEO of FutureBazaar.com and current CTO of IIFL, Virendra Chhatbar former CFO Future Bazaar.</p><p>&nbsp;</p>

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