twid Revenue and Competitors

Creating a ground-breaking buzz in the ongoing digital payment wave in India, twid is a millennials' payment app that aggregates & join multiple loyalty / reward points of ours. The app takes the points from banks, retail, entertainment, airlines, fuel, F&B, travel and enables the consumers to seamlessly access and redeem them across any online and offline stores. The platform empowers its users to access all the loyalty points at one place, accumulate them and utilize them in the most meaningful and rewarding way. Headquartered in Bangalore, twid was launched in June 2019. It is the brainchild of Amit Koshal, Rishi Batra and Amit Sharma. The trio noticed that over INR 16,000 Crores worth of points were lying unseen by the consumers in India today. These rewards get accumulated into the account of a user but are usually unnoticed by them and there's hardly any meaningful option to spend on. Inspired by this realization, twid was established as a mobile-first global platform that facilitates the consumers to utilize these accumulated reward points by making payments at the leading online & offline platforms. With latest investment from Rahul Shah's family office (Founder & CEO of Katalyst Technologies Inc.), twid is aggressively growing to become the defacto mode of payment in India. Other marquee investors include YourNest Fund, Whiteboard Capital, Capillary Technologies and Rajul Garg.