About Empower Rewards
Empower Rewards is a company based in Mumbai (India) founded in 2013 by Rohit Lamba. Empower Rewards has raised $76.4 thousand across 1 funding round from investors including PREMIA SOLUTIONZ and Rohit Lamba. The company has 66 employees as of March 23, 2024. Empower Rewards operates in a competitive market with competitors including FiveStars, Sparkfly, DataCandy, LoyLap and TapMango, among others.
- Headquarter Mumbai, India
- Employees 66 as on 23 Mar, 2024
- Founders Rohit Lamba
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Pramara Promotions Private Limited
- Date of Incorporation 01 Sep, 2006
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$6.15 M (USD)0as on Mar 31, 2023
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Net Profit
$267.63 K (USD)0as on Mar 31, 2023
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EBITDA
$777.57 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$76.4 K (USD)
in 1 rounds
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Latest Funding Round
$76.4 K (USD), Seed
Oct 12, 2016
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Investors
PREMIA SOLUTIONZ
& 1 more
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Employee Count
66
as on Mar 23, 2024
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Funding Insights of Empower Rewards
Empower Rewards has successfully raised a total of $76.4K through 1 strategic funding round. The most recent funding activity was a Seed round of $76.4 thousand completed in October 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Empower Rewards
Empower Rewards has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include PREMIA SOLUTIONZ and Rohit Lamba.
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Multiple sectors are invested in by the private equity firm.
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Rohit Lamba |
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Investor details for Empower Rewards
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Investments & Acquisitions by Empower Rewards
Investment portfolio details for Empower Rewards
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Financial Statements - Empower Rewards
Detailed financials for Empower Rewards
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Empower Rewards Comparisons
Peer comparison for Empower Rewards
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Competitors of Empower Rewards
Empower 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 FiveStars, Sparkfly, DataCandy, LoyLap and TapMango, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of customer loyalty program which integrates with merchant POS systems
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Digital promotion platform & tracking solution
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Loyalty management platform is offered for small and medium businesses.
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Loyalty and payment solutions are delivered to small businesses digitally.
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Offers loyalty programs and online ordering for retail and restaurant businesses.
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Offers POS and customer loyalty software for small and medium businesses.
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Detailed competitors of Empower Rewards
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Latest news on Empower Rewards
Complete news archive for Empower Rewards
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Frequently Asked Questions about Empower Rewards
Empower Rewards was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Empower Rewards is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Rohit Lamba is the current CEO of Empower Rewards. They have also founded this company.
Empower Rewards is a funded company, having raised a total of $76.4K across 1 funding round to date.
As of Mar 23, 2024, the latest employee count at Empower Rewards is 66.
Annual revenue of Empower Rewards is $6.15M as on Mar 31, 2023.
Empower Rewards was founded in 2013 in Mumbai, India, within the employee engagement and loyalty sector. Solutions for channel and customer loyalty are delivered, including rewards management and analytics. Customer data is tracked, with segmentation and profiling conducted to support targeted campaigns. An in-house sourcing and stocking model is maintained, covering reward inventory from small to large items. Customized catalogues featuring various reward options are supplied to clients.
Empower Rewards has 2 investors. Key investors include PREMIA SOLUTIONZ, and Rohit Lamba.
The valuation of Empower Rewards is $899.1K as of Oct 2016.