Gaurav Bhagat remembers when his grandfather and his father had to shutter their successful ceramics factory on the outskirts of Kolkata back in the 70s during the communist uprisings in West Bengal. His family was forced to leave Kolkata with nothing but a few suitcases and some clothes, he recalls.

The do-or-die situation that had presented itself when Gaurav was growing up forced him to think of ways he could salvage the state of affairs and help his family stand on its own two feet. He withdrew Rs 10,000 on the credit card he had on him at the time, and started a gifting company called Consortium Gifts. Readmore