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 ...
Qwikcilver partners with Samsung Pay for gift card storeThis will be accessible for all samsung smartphone users whose phones can support Samsung Pay, from the most expensive S8 models to compara...
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...
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.
Festive season may give Indian gift card segment huge boost: Qwikcilver Gift Card SurveyThe survey was carried out across 400 towns across 10,000 points of sale and also factored in the buying behaviour of 4.00,000 shoppers on ...
Qwikcilver ropes in ex-RBI ED Padmanabhan as advisorAs part of the advisory board, he will advise the company on strategic direction, product guidance from a regulatory view point, and toward...
Qwikcilver raises funding, to invest in scaling growthQwikcilver's technology is deployed across more than 500 cities and towns in over 10,000 premium brand stores, ecommerce portals and mobile...
Qwikcilver raises $10 million from Sistema, Accel India & othersOther existing backers of the Bengaluru-based company, which include Amazon Asia-Pacific, Accel India and Helion Venture Partners, have als...
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...
Amazon joins India startup story, backs gift cards companyA spokesperson from Amazon India clarified that the Amazon Asia Pacific, an entity based out of Singapore, has picked up a minority stake i...
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...
Gift cards to be $1 billion business in India in 3-5 years: QwikCilverQwikCilver Solutions, a private limited entity, provides gift card and prepaid stored value card solutions to retail and corporate customer...
Spencer's retail ties up with QwikCilver for gift cardsRP-Sanjiv Goenka Group company Spencer's Retail has tied up with Bangalore-based QwikCilver Solutions for pre-paid gift cards.
Qwikcilver aims 150% revenue growth to Rs 1,000 cr by 2015-16Smartcard technology company Qwikcilver expects more than two-fold rise in business turnover from gift card business to touch Rs 1,000 cror...