This is a classic flat-style ethnic drawstring pouch, widely known as a Gota Patti Shagun Envelope Bag or a Flat Festive Potli. This design features a sleek, flat rectangular silhouette. It is decorated with Gota Patti (gold ribbon) work arranged in a stylish chevron/zigzag pattern and bordered with a shimmering coin-style sequin lace. It is a highly popular option for handing out cash gifts (Shagun), jewelry, or dry fruits during traditional celebrations.