TWID funding, investors and company details

TWID is an emerging Financial Services - Fintech startup from Bengaluru, working in the space of TWID operates in the Fintech industry, focusing on digital payments and rewards management.. Founded by Rishi Batra, Amit Sharma, Amit Koshal, Kushal Ramaiah.

Company: Innotarget Fashalot Retail Private Limited
Sector: Financial Services - Fintech
Location: Bengaluru
Founders: Rishi Batra, Amit Sharma, Amit Koshal, Kushal Ramaiah
Total funding raised: ₹95.39 Cr

Company overview

TWID Rewards Global Private Limited is a fintech company headquartered in Bengaluru, India, specializing in reward points-based payments. It enables users to aggregate and redeem loyalty points from various sources as a form of payment.TWID's primary objective is to create a "Pay with Rewards" network that aggregates loyalty points from banks, brands, fintechs, and others into a fungible currency for seamless online and offline payments. It aims to unlock fragmented reward points' value by partnering with merchants, payment gateways, and issuers, turning rewards into a flexible payment option while boosting loyalty programs' profitability. Recently, it launched a UPI app for spending accumulated points directly.

Funding rounds

Latest round (Series A): $ 12.00 Mn (₹95.39 Cr.), 2022-08-03. Investors: Rakuten Capital