Country: India
Year: 2007
Concept
- Qwikcilver offers loyalty, payment and gift card solutions to retailers of all sizes in India and South Asia
- The company developed a web platform, based on a SaaS solution, which enables retailers to manage their loyalty programs and develop their relationships with end-consumers
- The platform includes SMS and emailing campaign services
- Qwikcilver also launched a solution called “Corporate” targeting companies wanting to reward their employees with gift cards usable within a large network of partner shops
- The Indian company raised $10 million in 2016 from Amazon and other investors
Consumer Benefits
- Accessible: the company’s solutions are available for all business sizes, Qwikcilver helps small retailers build loyalty programs and design their own cards
- Visibility: by offering the possibility for retailers to sell their loyalty cards on the Woohoo platform, companies are able to further develop their on-line web presence
How It Works
- End consumers buy a gift card on the Woohoo website or at a retailer’s store
- The consumer chooses the amount of money to charge on the card or selects a card with a set amount of money
- The card may be used in any of the 10,000 shops that participate in Qwikcilver’s network