About Fave India
Fave India is a company based in India founded in 2014.. The company has 3,305 employees as of August 31, 2023. Fave India offers products and services including Fave App, Fave Gift Cards, and UPI Payment Service. Fave India operates in a competitive market with competitors including Rakuten, Méliuz, Fave, ShopBack and Pogo, among others.
- Headquarter India
- Employees 3305 as on 31 Aug, 2023
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pine Labs
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Annual Revenue
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Net Profit
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EBITDA
$-41.72 M (USD)-5as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
3305
as on Aug 31, 2023
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Products & Services of Fave India
Fave India offers a comprehensive portfolio of products and services, including Fave App, Fave Gift Cards, and UPI Payment Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for UPI payments and earning cashback on shopping.
Digital cards for discounts on brands and in-store redemption.
Enables scanning QR codes for assured savings and rewards.
Funding Insights of Fave India
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Fave India
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fave India
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fave India Comparisons
Competitors of Fave India
Fave India 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 Rakuten, Méliuz, Fave, ShopBack and Pogo, 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 |
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| domain | founded_year | HQ Location |
Internet services in e-commerce, finance, and digital content are operated.
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| domain | founded_year | HQ Location |
Loyalty site which offers cash redemption
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| domain | founded_year | HQ Location |
A lifestyle app for deals and payments in Asia.
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| domain | founded_year | HQ Location |
Online platform offering rewards and cashback for multi-category products
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| domain | founded_year | HQ Location |
Pogo is focused on helping users monetize personal data.
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| domain | founded_year | HQ Location |
App-based online platform offering rewards
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fave India
Frequently Asked Questions about Fave India
When was Fave India founded?
Fave India was founded in 2014.
Where is Fave India located?
Fave India is headquartered in India.
How many employees does Fave India have?
As of Aug 31, 2023, the latest employee count at Fave India is 3,305.
What does Fave India do?
Fave India was established in 2014 as an online platform based in India. Operations focus on providing cashback and rewards for purchases across diverse categories, including products and services. The platform, accessible via myfave.in, supports transactions in various sectors such as retail and e-commerce. Geographic coverage is centered in India, with services tailored to local users for reward accumulation and redemption.
Who are the top competitors of Fave India?
What products or services does Fave India offer?
Fave India offers Fave App, Fave Gift Cards, and UPI Payment Service.