About Giift
Giift is a company based in Singapore (Singapore) founded in 2012 by Pascal Xatart and Sumit Khandelwal.. Giift has raised $50 million across 1 funding round from investors including Apis Partners. The company has 39 employees as of April 08, 2024. Giift has completed 4 acquisitions, including Infinia Services and Solutions, Loyolink and Xoxoday. Giift offers products and services including Loyalife, Plum, Empuls, Compass, and Loopr. Giift operates in a competitive market with competitors including Capillary Technologies, Loylty Rewardz, Ackroo, Augeo and EasyRewardz, among others.
- Headquarter Singapore, Singapore
- Employees 39 as on 08 Apr, 2024
- Founders Pascal Xatart, Sumit Khandelwal
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Giift Plus India Private Limited
- Date of Incorporation 27 Feb, 2019
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$951.79 K (USD)161.75as on Mar 31, 2023
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Net Profit
$67.18 K (USD)171.39as on Mar 31, 2023
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EBITDA
$140.92 K (USD)237.78as on Mar 31, 2023
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Total Equity Funding
$50 M (USD)
in 1 rounds
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Latest Funding Round
$50 M (USD), Series C
Jan 13, 2022
- Investors
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Employee Count
39
as on Apr 08, 2024
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Investments & Acquisitions
Infinia Services and Solutions
& 3 more
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Products & Services of Giift
Giift offers a comprehensive portfolio of products and services, including Loyalife, Plum, Empuls, Compass, and Loopr. 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.
Manages loyalty programs for customer retention and engagement
Handles incentives and payouts for business growth initiatives
Facilitates recognition and communication for workforce motivation
Automates commissions and performance management tools
Enables creation and sharing of promotions for merchants
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Funding Insights of Giift
Giift has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Series C round of $50 million completed in January 2022. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series C — $50.0M
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First Round
First Round
(13 Jan 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series C - Giift | Valuation | Apis Partners |
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| 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 |
Investors in Giift
Giift has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Apis Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity and venture capital asset management firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Giift
Giift has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Infinia Services and Solutions, Loyolink and Xoxoday. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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IT platforms for loyalty program management are provided.
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2013 | ||||
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AI-powered loyalty, rewards, and employee engagement solutions are provided.
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2012 | ||||
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Customer and loyalty marketing services are provided to businesses worldwide.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Giift
| 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 |
Giift Comparisons
Competitors of Giift
Giift 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 Capillary Technologies, Loylty Rewardz, Ackroo, Augeo and EasyRewardz, 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 |
AI-powered loyalty management software is offered for enterprises.
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| domain | founded_year | HQ Location |
Platform offering loyalty and relationship management solutions
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| domain | founded_year | HQ Location |
SaaS-based gift card and loyalty programs are provided for businesses.
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| domain | founded_year | HQ Location |
Loyalty program solutions are provided for employee and customer engagement.
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| domain | founded_year | HQ Location |
Cloud-based CRM, loyalty, and conversational commerce solutions are delivered.
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| domain | founded_year | HQ Location |
Online platform to create, run and manage promotional campaigns
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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 Giift
Frequently Asked Questions about Giift
When was Giift founded?
Giift was founded in 2012 and raised its 1st funding round 10 years after it was founded.
Where is Giift located?
Giift is headquartered in Singapore, Singapore.
Who is the current CEO of Giift?
Sumit Khandelwal is the current CEO of Giift. They have also founded this company.
Is Giift a funded company?
Giift is a funded company, having raised a total of $50M across 1 funding round to date. The company's 1st funding round was a Series C of $50M, raised on Jan 13, 2022.
How many employees does Giift have?
As of Apr 08, 2024, the latest employee count at Giift is 39.
What is the annual revenue of Giift?
Annual revenue of Giift is $951.79K as on Mar 31, 2023.
What does Giift do?
Giift was founded in 2012 and is based in Singapore. An AI-driven infrastructure for loyalty and rewards programs is operated, targeting businesses in the fintech and customer engagement sectors. Services are designed to optimize benefits within loyalty ecosystems for program issuers, end users, and participating merchants. Core operations emphasize scalable solutions across digital platforms, with a focus on regional and global implementations from the Singapore headquarters.
Who are the top competitors of Giift?
Giift's top competitors include Capillary Technologies, Talon One and EasyRewardz.
What products or services does Giift offer?
Giift offers Loyalife, Plum, Empuls, Compass, and Loopr.
How many acquisitions has Giift made?
Giift has made 4 acquisitions, including Infinia Services and Solutions, Loyolink, and Xoxoday.
Who are Giift's investors?
Giift has 1 investor. Key investors include Apis Partners.
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