GoSwych

Plano, United States Founded: 2015 • Age: 11 yrs Acquired By GiftCardsIndia
Online retailer of gift cards and wallet to store them

About GoSwych

GoSwych is a company based in Plano (United States) founded in 2015 by Deepak Jain and Robert P Sabella was acquired by GiftCardsIndia in May 2018. GoSwych has raised $4.9 million across 5 funding rounds from investors including UAE Exchange, GiftCardsIndia and Finablr. GoSwych has completed 2 acquisitions, including GCI Network and GiftCardsIndia. GoSwych operates in a competitive market with competitors including Bitrefill, mimble, GiftCertificates.com, GiftCards.com and PerfectGift.com, among others.

Key Metrics

Funding Insights of GoSwych

GoSwych has successfully raised a total of $4.9M across 5 strategic funding rounds. 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 $4.9M
  • Total Rounds 5
  • First Round $365,000

    (Dec 2015)

  • Investors Count 2

All 5 funding rounds of GoSwych with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2018–Series B––
Mar 2018$2MSeries A––
–
Sep 2017$2.34MSeries A––
Dec 2016$200,000Seed––
–
Dec 2015$365,000Seed––
–
Valuation history

3 investors in total: 3 institutional.

Investors in GoSwych

GoSwych has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include UAE Exchange, GiftCardsIndia and Finablr.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Global money transfer and foreign exchange services are provided worldwide.
1980uaeexchange.comAbu Dhabi, United Arab Emirates
Payment solution and venture capital firm
–finablr.comLondon, United Kingdom
Online Gift Voucher Aggregator and Gifting Portal
2010giftcardsindia.inMumbai, India
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Investor details for GoSwych

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People of GoSwych

2 people are tracked at GoSwych (2 in leadership).

NameRoleGroup
Deepak Jain
Co-Founder & CEOLeadership
Robert P Sabella
Co-FounderLeadership
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Complete people profiles for GoSwych

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Investments & Acquisitions by GoSwych

GoSwych has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include GCI Network and GiftCardsIndia.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Omnichannel prepaid gift cards are distributed through retailer partnerships.
gcinetwork.coMumbai, India2010May 2018β€’β€’β€’β€’
Online Gift Voucher Aggregator and Gifting Portal
giftcardsindia.inMumbai, India2010May 2018β€’β€’β€’β€’
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Complete acquisition details for GoSwych

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Timeline of GoSwych

6 dated milestones of GoSwych across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded GoSwych is founded.
  2. Funding First funding round of $365K.
  3. Exit Acquired by GiftCardsIndia.
  4. Acquisition Acquires GiftCardsIndia.
  5. Acquisition Acquires GCI Network.
  6. Funding Latest funding round, Series B,.

Competitors of GoSwych

GoSwych 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 Bitrefill, mimble, GiftCertificates.com, GiftCards.com and PerfectGift.com, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bitrefill.com2014San Mateo, United States$2M–
Gift cards are retailed online via cryptocurrency payments.
mimble.co2017Portland, United States––
Offers a mobile app for effective savings management.
giftcertificates.com1997Omaha, United States–30
Reward solutions and gifting products are offered through e-commerce.
giftcards.com1999Pleasanton, United States––
Diverse gift cards are sold via an online platform.
perfectgift.com1995Pittsburgh, United States––
Employee rewards are delivered via branded and custom gift cards.
happycards.com2018Pleasanton, United States––
Provides themed gift cards for shopping, dining, and entertainment exchanges.
thegiftcardshop.com2007Kansas, United States––
An online retail platform providing a variety of gift cards for purchase.
dlyte.com2011Beverly Hills, United States$1.19M–
Online gift cards are issued for customer loyalty rewards.
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Detailed competitors of GoSwych

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Latest news on Goswych

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Similar companies to GoSwych

10 companies that operate in the same segment as GoSwych (Stationery, Gifting & Handicrafts E-Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Personalized video messages from celebrities are booked online.
2017Chicago, Illinois, United StatesUSD 193.71 M–301
Smart notebooks are offered for digital sketching and note-taking.
2013Oslo, Oslo, NorwayUSD 15 M––
Reward-based crowdfunding is enabled via no-inventory t-shirt sales.
2000Fairfax, Virginia, United StatesUSD 41.75 MUSD 191.13 K1,596
Flowers are delivered via an online subscription platform.
2013London, England, United KingdomUSD 171.47 M––
Multi-category gifts are curated online for special occasions.
2006Richmond, United KingdomUSD 57.58 M–192
Multi-category gifting products are provided through an online platform.
2015Mumbai, Maharashtra, IndiaUSD 4.35 MUSD 916.16 K–
Online wedding registry and gifts marketplace is operated.
2013New York, New York, United StatesUSD 141.1 M–101
Digital gift cards are provided for enterprise incentive programs.
2009Seattle, Washington, United StatesUSD 57.01 M–267
No detailed company activity is described on the site.
2011Chicago, Illinois, United StatesUSD 198.67 M–74
AI-powered loyalty, rewards, and employee engagement solutions are provided.
2012Bengaluru, Karnataka, IndiaUSD 100.61 MUSD 98.95 M327
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Frequently Asked Questions about GoSwych

GoSwych was founded in 2015.

GoSwych is headquartered in Plano, United States. It is registered at Plano, Texas, United States.

Deepak Jain is the current CEO of GoSwych. They have also founded this company.

GoSwych is a funded company, having raised a total of $4.9M across 5 funding rounds to date. The company's 1st funding round was a Seed of $365K, raised on Dec 2015.

Swych was founded in 2015 in Plano, United States, as an e-commerce platform in the digital payments sector. Third-party gift cards are sold through the service, with storage provided in an integrated mobile wallet. Users are enabled to send cards to others or apply them for restaurant payments using the app, Apple Pay, or Android Pay. Operations focus on facilitating secure digital transactions across the U.S.

GoSwych's top competitors include Bitrefill, GiftCertificates.com and GiftCards.com.

GoSwych has made 2 acquisitions, including GCI Network, and GiftCardsIndia.

GoSwych has 3 investors. Key investors include UAE Exchange, GiftCardsIndia, and Finablr.

Yes. GoSwych was acquired by GiftCardsIndia in May 2018.

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