Pine Labs buys gifting startup Qwikcilver for $110mQwikcilver cofounder and chief executive Kumar Sudarshan will be joining Pine Labs and managing the gifting business, reporting directly to...
Pine Labs is in talks to buy Qwikcilver for over $100 mWhile founders are likely to stay, investors in the digital gift card company are expected to exit. The deal is likely to be a mix of cash ...
Survey finds gift card usage gaining ground in non-metrosAcross India, the market for gift cards grew two and a half times in 2018, as per a survey conducted by Woohoo
Traditional presents are passé: Bengaluru corporates take to digital gifting this festive seasonOnline-crazy millennials get e-vouchers that can be redeemed for a gift on e-commerce platforms.
Indian tech leaders stress digital detox for their kidsSnapdeal cofounder Kunal's daughter got hooked to watching videos when he decided to pull the plug.
Qwikcilver has 300 brands on card platformOne reason for the growth, said cofounder Pratap TP, was that the company entered categories that are not immediately associated with gift ...
Giftcard firms aim to double or even triple their GMVs this fiscalStartup CEOs say the value of money loaded on giftcards has also seen an increase to about Rs 6,500-7,000 on the B2C side and an average of...
Govt suspends further allocation under PMKVY 2.0 in 3 statesIn view of irregularities, the Centre has decided to stop the allocations in UP, Haryana and Rajasthan, and has ordered an enquiry into the...
Gift card co Qwikcilver plans expansion to Russia and SE AsiaThe company already has a presence in West Asia and has tie-ups with online electronics retailer Sharaf DG, franchisee businesses of Al Fut...
Qwikcilver sees spike in giftcard usage post demonetisationQwikcilver has also tied up with hyperlocal delivery service Grofers, giving customers the option of ordering a giftcard at home.
Gift cards a hit, festive sales to top 10 million: SurveyAccording to gift card technology and end-to-end prepaid solutions company Qwikcilver, the gift card segment is likely to see a growth of 4...
For the love of Bengaluru: Qwikcilver co-founder Pratap TP is sweeping the city clean!One of the key members of the group Cleaner, Greener Safer Bangalore (CGSB), Pratap along with friends started making an attempt to clean t...
Qwikcilver eyes Rs 2,000-crore gift cards by March-endThe company, which counts Amazon among its investors, expects to increase this value further five fold in the next three years.
Consumer loyalty programme space shifts from plastic cards to app-based trackersOffline brands and establishments have realised the need to provide relevant offers to high-value customers using the loyalty app as a mark...
Citrus pay to tie up with Woohoo for offline wallet paymentsCitrus Pay is tying up with Woohoo to enable its customers to use their wallet offline at retail outlets and restaurants across the country.
Amazon to buy first Indian start-up QwikCilver Solutions, a gift card tech firmThe Bangalore-based company has raised an undisclosed amount of funding from Accel Partners and Helion Venture Partners, who are the two ma...
Firms such as QwikCilver and Itz Cash Card look to tap growing Rs 9,000-crore gift cards businessThese companies offer gift cards in a variety of formats — from digital cards with codes that can be presented at a merchant store to those...