About Hashtag Loyalty
Hashtag Loyalty is a Consumer company based in Mumbai (India) founded in 2015. It operates as a consumer loyalty platforms are enabled for digital rewards and analytics. It operates in the Consumer and Technology sectors. Hashtag Loyalty has raised $16.46 million across 5 funding rounds from investors including Coca-Cola, Jubilant FoodWorks and Whiteboard Capital. The company has 50 employees. Hashtag Loyalty was last valued at $10.09 million in October 2021. Its Indian entity Hashtag Loyalty Private Limited reported revenue of ₹3.85 Cr. Its focus areas include Enterprise Applications, Loyalty Software, Coalition Loyalty and Restaurants. Its competitors include Toast, SpotOn, Tillster, Olo and Zenput and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Hashtag Loyalty was founded in 2015 and is based in Mumbai, India. A platform is provided for consumer loyalty solutions, where digital customer rewards programs are created, along with customer analytics, marketing tools, and social media integration. Customer data is gathered, behaviors are analyzed, and engagement is facilitated for businesses in food, beverage, salon, spa, entertainment, and retail sectors.
- Headquarters Mumbai, India
- Employees 50
- Stage Minicorn
- SectorsConsumerTechnology
- Email••••••••
- Phone•••• ••••
- Website hashtagloyalty.com
- Social LinkedIn X Facebook
- Legal Name Hashtag Loyalty Private Limited
- Date of Incorporation 14 May, 2016
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹3.85 Cr
FY 2024 · +52% YoY
- Net Loss-₹16.04 Cr
FY 2024 · -417% margin
- EBITDA-₹15.59 Cr
FY 2024 · -405% margin
- Total Equity Funding$16.46M (USD)
in 5 rounds
- Latest Funding Round$12.77M (USD), Series A
Apr 2023
- InvestorsCoca-Cola
& 6 more
- Employee Count50
Associated legal entities of Hashtag Loyalty
Hashtag Loyalty operates through Hashtag Loyalty Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hashtag Loyalty Private Limited CIN U63999MH2016PTC281091 | Active | 14 May 2016 | Mumbai, Maharashtra | ₹3.8 Cr | 50 | 3 | View details |
Funding Insights of Hashtag Loyalty
Hashtag Loyalty has successfully raised a total of $16.46M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $12.77 million completed in April 2023. 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 $16.46M
- Total Rounds 5
- Last Round Series A — $12.77M
- First Round $14,931
(Aug 2016)
- Investors Count 7
All 5 funding rounds of Hashtag Loyalty with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2023 | $12.77M | Series A | – | Coca-Cola | – |
| Oct 2021 | $3.3M | Series A | $10.09M | Jubilant FoodWorks | – |
| Dec 2020 | $101,997 | Seed | $2.01M | Ahimsa | |
| Jun 2018 | $272,439 | Seed | $••••• | Ahimsa | |
| Aug 2016 | $14,931 | Seed | – | thinQbate | – |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2021 | $10.09M | •••••••• |
| Dec 2020 | $2.01M | •••••••• |
| Jun 2018 | $••••• | •••••••• |
Full valuation and stage history of Hashtag Loyalty
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $10.09M (Oct 2021). 7 investors in total: 5 institutional and 2 angel.
Investors in Hashtag Loyalty
Hashtag Loyalty has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Coca-Cola, Jubilant FoodWorks and Whiteboard Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Ahimsa Capital is engaged in investment across real estate and hospitality. | – | ahimsa.capital | New York, United States | |
Investment support is provided to startups by Whiteboard Capital. | 2017 | whiteboardcap.com | Mumbai, India | |
Startup incubation and community support services in Mumbai. | 2016 | thinqbate.com | Mumbai, India | |
Multi-category beverage products are manufactured and distributed worldwide. | 1886 | coca-cola.com | Atlanta, United States | |
Operator of restaurant franchise | 1995 | jubilantfoodworks.com | Noida, India | |
HM Harshil Mathur | Co-founder & CEO of Razorpay, leading fintech innovator, active angel investor | – | unknown_09975d46cdf14bdc8 | - |
SK Shashank Kumar | Co-founder of Razorpay, leading fintech innovator, active angel investor | – | unknown_71c0118367d24e898 | - |
Investor details for Hashtag Loyalty
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Board of directors of Hashtag Loyalty Private Limited (Hashtag Loyalty)
Hashtag Loyalty Private Limited is the primary company behind Hashtag Loyalty. The board of Hashtag Loyalty Private Limited currently have 3 directors; the longest-serving is Krishi Kamal Fagwani, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Krishi Kamal Fagwani DIN 07451084 | Director | 14 May 2016 | 10 yrs 5 mo | Hashtag Loyalty Private Limited |
| Karan Arun Chechani DIN 07448642 | Director | 14 May 2016 | 10 yrs 5 mo | Hashtag Loyalty Private Limited |
| Dhruv Dewan DIN 07448619 | Director | 14 May 2016 | 10 yrs 5 mo | Hashtag Loyalty Private Limited |
People of Hashtag Loyalty
3 people are tracked at Hashtag Loyalty (3 in board & advisors); the tracked headcount is 50.
| Name | Role | Group |
|---|---|---|
Anish Malhotra | Advisor | Board & advisors |
Ludivine Noirel | Advisor | Board & advisors |
Sauvik Banerjee | Advisor | Board & advisors |
Complete people profiles for Hashtag Loyalty
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Financials of Hashtag Loyalty
Figures of Hashtag Loyalty Private Limited, the primary company behind Hashtag Loyalty, for FY 2024. Revenue was ₹3.85 Cr (+52% year on year). Net loss was -₹16.04 Cr (-417% margin). EBITDA was -₹15.59 Cr (-405% margin).
- ₹3.85 CrRevenue · FY 2024 · +52% YoY
- -₹16.04 CrNet loss · -417% margin
- -₹15.59 CrEBITDA · -405% margin
- ₹6.1 LakhPaid-up capital
- 50Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Hashtag Loyalty Private Limited are on its company page.
Detailed financial statements for Hashtag Loyalty
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Timeline of Hashtag Loyalty
4 dated milestones of Hashtag Loyalty across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Hashtag Loyalty is founded.
- Funding First funding round of $15K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $12.8M.
Competitors of Hashtag Loyalty
Hashtag Loyalty has 9 listed competitors in our database, 9 of them funded. They include Toast, SpotOn, Tillster, Olo and Zenput, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pos.toasttab.com | 2011 | Boston, United States | $900M | 5,700 | Restaurant operations are managed via a cloud-based platform. | |
| spoton.com | 1999 | San Francisco, United States | $900M | 1,355 | Provider of cloud-based POS software solutions for businesses and service providers | |
| tillster.com | 2006 | San Diego, United States | $154.82M | – | SaaS solutions for restaurant online ordering and analytics are offered. | |
| olo.com | 2005 | New York, United States | $73.61M | 39 | Olo is recognized as a restaurant technology platform provider. | |
| zenput.com | 2011 | San Francisco, United States | $43.82M | 71 | Zenput is utilized as an operations execution platform for multi-unit operators. | |
| urbanpiper.com | 2015 | Bengaluru, India | $32.32M | 165 | Delivery channels management software is provided for restaurants. | |
| paytronix.com | 2001 | Newton, United States | $75M | 234 | Cloud-based loyalty solutions for restaurants and stores are provided. | |
| touchbistro.com | 2010 | Toronto, Canada | $320.85M | – | SaaS software for restaurant payments and order management is provided. | |
| zenchef.com | 2010 | Paris, France | $58.78M | – | Suite solutions for restaurant online presence and management are provided. |
Detailed competitors of Hashtag Loyalty
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Top companies in Food & Beverage Platforms
10 companies that operate in the same segment as Hashtag Loyalty (Food & Beverage Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 6,903 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | 15,437 | |
Food and market delivery services are provided by iFood. | 2011 | Sao Paulo, Brazil | USD 592.4 M | – | 16,949 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 900 M | USD 6.15 B | 8,021 | |
Rides and deliveries are facilitated via a mobile app platform. | 2012 | Dubai, Dubai, United Arab Emirates | USD 771.7 M | – | 6,360 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Frequently Asked Questions about Hashtag Loyalty
Hashtag Loyalty was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Hashtag Loyalty is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Hashtag Loyalty is a funded company, having raised a total of $16.46M across 5 funding rounds to date. The company's 1st funding round was a Seed of $14.93K, raised on Aug 2016.
Hashtag Loyalty has 50 employees.
The primary company behind Hashtag Loyalty, Hashtag Loyalty Private Limited, reported revenue of ₹3.85 Cr for FY 2024, up 52% year on year.
Hashtag Loyalty was founded in 2015 and is based in Mumbai, India. A platform is provided for consumer loyalty solutions, where digital customer rewards programs are created, along with customer analytics, marketing tools, and social media integration. Customer data is gathered, behaviors are analyzed, and engagement is facilitated for businesses in food, beverage, salon, spa, entertainment, and retail sectors.
Hashtag Loyalty's top competitors include Toast, UrbanPiper and SpotOn.
Hashtag Loyalty has 7 investors. Key investors include Coca-Cola, Jubilant FoodWorks, Whiteboard Capital, thinQbate, and Ahimsa Capital.
The valuation of Hashtag Loyalty is $10.09M as of Oct 2021.
Hashtag Loyalty operates through Hashtag Loyalty Private Limited.
The legal entities of Hashtag Loyalty currently have 3 directors, including Krishi Kamal Fagwani, Karan Arun Chechani, Dhruv Dewan.