IGP (e-gifting retailer) IGP (e-gifting retailer) IGP (formerly known as IndianGiftsPortal) is an Indian online gifting company based in Mumbai, India founded in 1999. IGP claims to be the largest platform for Indian ethnic products and gifts and has the largest collection of products that caters to Indian festivals and events. IGP has five warehouses, including one in the US. IGP earlier known as IndianGiftsPortal was founded in 1999 by B2B e-commerce company IndiaMART and Manan Sharma. In 2009, IndiaMART, prior to raising Series A funding, hived off IGP (B2C part of their business) into a separate entity. In 2012, Tarun Joshi bought
Zavvi (retailer) had entered into administration, rival HMV's share prices rose, as it left HMV as the only major high street retailer offering the same products. Similarly, the online retailer Play.com announced that its profit had risen by 24% over the Christmas trading period and despite the economic downturn, sales of entertainment products overall in the industry rose by 0.7% in the fourth quarter in comparison to sales of the same period in 2007. On 13 January 2009, the video games retailer Game attributed the rise in profits to the loss of competition of Zavvi and Woolworths. Chief executive Lisa Morgan said