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.
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
People of Giift
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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.
Investors in Giift
Giift has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Apis Partners.
| Investor | Description | Founded Year | Domain | Location |
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Private equity and venture capital asset management firm
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Investor details for Giift
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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.
Investment portfolio details for Giift
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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IT platforms for loyalty program management are provided.
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AI-powered loyalty, rewards, and employee engagement solutions are provided.
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Locked | Locked | 2012 | Locked | |
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Customer and loyalty marketing services are provided to businesses worldwide.
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Locked | Locked | 2010 | Locked |
Complete acquisition details for Giift
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Financial Statements - Giift
Detailed financials for Giift
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Giift Comparisons
Peer comparison for Giift
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-powered loyalty management software is offered for enterprises.
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Platform offering loyalty and relationship management solutions
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SaaS-based gift card and loyalty programs are provided for businesses.
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Loyalty program solutions are provided for employee and customer engagement.
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Cloud-based CRM, loyalty, and conversational commerce solutions are delivered.
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Online platform to create, run and manage promotional campaigns
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Detailed competitors of Giift
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Latest news on Giift
Complete news archive for Giift
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- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Giift
Giift was founded in 2012 and raised its 1st funding round 10 years after it was founded.
Giift is headquartered in Singapore, Singapore.
Sumit Khandelwal is the current CEO of Giift. They have also founded this company.
Giift is a funded company, having raised a total of $50M across 1 funding round to date.
As of Apr 08, 2024, the latest employee count at Giift is 39.
Annual revenue of Giift is $951.79K as on Mar 31, 2023.
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.
Giift's top competitors include Capillary Technologies, Talon One and EasyRewardz.
Giift offers Loyalife, Plum, Empuls, Compass, and Loopr.
Giift has made 4 acquisitions, including Infinia Services and Solutions, Loyolink, and Xoxoday.
Giift has 1 investor. Key investors include Apis Partners.