Credence Rewards

Mumbai, India Founded: 2021 • Age: 5 yrs
Operates a direct-to-consumer brand for digital and physical gift cards.
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About Credence Rewards

Credence Rewards is a company based in Mumbai (India) founded in 2021. It operates as a D2C. The company has 1 employees as of March 31, 2023. Credence Rewards operates in a competitive market with competitors including CardnCash, Box Of Choices and Cash4Coupon, among others.

  • Headquarter Mumbai, India
  • Employees 1 as on 31 Mar, 2023
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Credence Rewards Private Limited
  • Date of Incorporation 21 May, 2021
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
    $39.63 M (USD)
    26.09
    as on Mar 31, 2023
  • Net Profit
    $155.32 K (USD)
    326.37
    as on Mar 31, 2023
  • EBITDA
    $122.36 K (USD)
    8162.34
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    1

    as on Mar 31, 2023

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Funding Insights of Credence Rewards

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Credence Rewards

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Credence Rewards

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Credence Rewards Comparisons

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Competitors of Credence Rewards

Credence Rewards operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CardnCash, Box Of Choices and Cash4Coupon, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Platform to sell unused gift cards and convert them to cash easily.
domain founded_year HQ Location
An online platform specializing in multi-category e-gift cards for gifting purposes.
domain founded_year HQ Location
Operates as a marketplace for buying and selling used gift cards.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Credence Rewards

Frequently Asked Questions about Credence Rewards

When was Credence Rewards founded?

Credence Rewards was founded in 2021.

Where is Credence Rewards located?

Credence Rewards is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

How many employees does Credence Rewards have?

As of Mar 31, 2023, the latest employee count at Credence Rewards is 1.

What is the annual revenue of Credence Rewards?

Annual revenue of Credence Rewards is $39.63M as on Mar 31, 2023.

What does Credence Rewards do?

Credence Rewards operates with a D2C model, focusing on engaging in retail operations, operating online marketplaces, gift cards, and digital and physical. Operates a direct-to-consumer brand for digital and physical gift cards. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Who are the top competitors of Credence Rewards?

Credence Rewards's top competitors include CardnCash, Cash4Coupon and Box Of Choices.

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