About Kwench
Kwench is a company based in Mumbai (India) founded in 2008 was acquired by O.C. Tanner in April 2019. Kwench has raised $735.17 thousand across 4 funding rounds from investors including SIDBI, BVC Ventures and South Yarra Holdings. The company has 1 employees as of April 07, 2024. Kwench operates in a competitive market with competitors including Culture Amp, Achievers, ScribbleLive, Xoxoday and Fond, among others.
- Headquarter Mumbai, India
- Employees 1 as on 07 Apr, 2024
- Stage Minicorn
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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 Kwench Global Technologies Private Limited
- Date of Incorporation 02 Apr, 2008
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$7.74 M (USD)34.45as on Mar 31, 2019
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Net Profit
$1.32 M (USD)804.36as on Mar 31, 2019
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EBITDA
-$1.52 M (USD)-1016.25as on Mar 31, 2019
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Total Equity Funding
$735.17 K (USD)
in 4 rounds
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Latest Funding Round
$439.86 K (USD), Seed
Aug 22, 2015
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Investors
SIDBI
& 60 more
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Employee Count
1
as on Apr 07, 2024
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Acquired by
O.C. Tanner
(Apr 14, 2019)
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Funding Insights of Kwench
Kwench has successfully raised a total of $735.17K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $439.86 thousand completed in August 2015. 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 Kwench
Kwench has secured backing from 61 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include SIDBI, BVC Ventures and South Yarra Holdings.
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Financial blogging, market analysis, and subscription services.
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Logistics, jewellery, and tech services are provided by BVC Ventures across multiple industries.
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Technology company focused on building bonds through software.
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Investor details for Kwench
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Investments & Acquisitions by Kwench
Investment portfolio details for Kwench
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Financial Statements - Kwench
Detailed financials for Kwench
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Kwench Comparisons
Peer comparison for Kwench
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Competitors of Kwench
Kwench 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 Culture Amp, Achievers, ScribbleLive, Xoxoday and Fond, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Employee experience management platform
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Employee Recognition and engagement platform provider
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Employee engagement is supported through interactive assessments and polls.
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AI-powered loyalty, rewards, and employee engagement solutions are provided.
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Employee recognition and perks are facilitated via a digital platform.
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Employee benefits and engagement are delivered via a cloud-based platform.
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Detailed competitors of Kwench
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Latest news on Kwench
Complete news archive for Kwench
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Frequently Asked Questions about Kwench
Kwench was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Kwench is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Kwench is a funded company, having raised a total of $735.17K across 4 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Kwench is 1.
Annual revenue of Kwench is $7.74M as on Mar 31, 2019.
Kwench was founded in 2008 and is based in Mumbai, India. The platform operates in the human resources technology sector, where employee recognition, analysis, and rewards are facilitated for organizations. Features such as timely acknowledgments, performance tracking, analytics, and social recognition tools are provided. Services are utilized by clients including TechMahindra, Philips, Nestle, TVS, Yes Bank, Lenovo, and Aditya Birla to support workforce engagement.
Kwench's top competitors include Culture Amp, Xoxoday and Vantage Circle.
Kwench has 61 investors. Key investors include SIDBI, BVC Ventures, South Yarra Holdings, E3 Global, and GrayCell Ventures.
The valuation of Kwench is $8.96M as of Aug 2015.