Giift - About the company
Giift is a series C company based in Singapore (Singapore), founded in 2012 by Sumit Khandelwal and Laurent Xatart. It operates as a Provider of rewards, incentives, and loyalty solutions for business relationships. Giift has raised $50M in funding from Apis Partners. The company has 567 active competitors, including 63 funded and 41 that have exited. Its top competitors include companies like Capillary Technologies, Upside and Paytronix.
Company Details
Provider of rewards, incentives, and loyalty solutions for business relationships. The company offers platforms for customer loyalty programs, employee recognition, and sales commission management. These platforms provide features such as program configuration, integration with existing systems, and rewards and recognition tools. The company aims to drive growth and engagement across various teams and initiatives.
- Website
- www.giift.com/
- Social
Key Metrics
Founded Year
2012
Location
Singapore, Singapore
Stage
Series C
Total Funding
$50M in 1 round
Latest Funding Round
Investors
Ranked
34th among 567 active competitors
Employee Count
119 as on May 31, 2026
Similar Companies
Legal entities associated with Giift
Giift is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GIIFT PLUS INDIA PRIVATE LIMITED CIN: U74999MH2019FTC331334 , India, Active | Feb 27, 2019 | $1.17M (As on Mar 31, 2024) | 53 (As on Mar 01, 2025) | |
GIFT MANAGEMENT ASIA PTE. LTD. CIN: 201208371E , Singapore, Active | Dec 31, 2012 | - | - |
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Giift's funding and investors
Giift has raised a total funding of $50M over 1 round. Its latest funding round was a Series C round on Jan 13, 2022 for $*****. 1 investor participated in its latest round. Giift has 16 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Giift:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 13, 2022 | 6033964 | Series C | 8233065 | 8580006 | 9149896 | 9342868 |
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Giift's founders and board of directors
Founder? Claim ProfileThe founders of Giift are Sumit Khandelwal and Laurent Xatart. Laurent Xatart and Sumit Khandelwal are the CEOs of Giift.
Here are the details of Giift's key team members:
- Sumit Khandelwal: Co-Founder & CEO of Giift and founder of 4 other companies, including Empuls, Xoxoday and Frogo. They serve on the boards of 3 companies.Contact Info: 3 email addresses
- Laurent Xatart: Co-Founder and CEO of Giift. They serve on the board of 1 company.
Giift's Board of Directors
Giift's board has 9 active members. Nicholas Smalle, Sumit Khandelwal, Laurent Xatart and Varun Sanghavi are part of team and Christophe Robert Maurice H Ramoisy, Zhou Yinzhu, Alain Louis Georges Madelin, David Krell and Cerf Philippe Maurice Charles are independent board members.Here is the list of Giift's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 14y 0m | |
pn{apyw | Team | - | Current | 1y 4m |
Investor | Apis Partners | Current | 4y 1m | |
Investor | Apis Partners | Current | 2y 2m | |
Independent board member | - | Current | 4y 3m | |
{nh{ehm | Independent board member | - | Current | 6y 9m |
iid{gpb | Independent board member | - | Current | 8y 4m |
yqscggx | Independent board member | - | Current | 2y 4m |
b{vfpkq | Independent board member | - | Current | 2y 5m |
eaxgoug | Independent board member | - | Past | 6y 6m |
euar{ds | Independent board member | - | Past | 1y 5m |
View details of Giift's Founder profiles and Board Members
Giift's employee count trend
Giift has 119 employees as of May 26. Here is Giift's employee count trend over the years:
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Giift's Competitors and alternates
Top competitors of Giift include Capillary Technologies, Upside and Paytronix. Here is the list of Top 10 competitors of Giift, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Capillary Technologies 2008, Bengaluru (India), Public | AI powered loyalty management software for enterprises | $144M | 81/100 | |
2nd |  Upside 2016, Washington, DC (United States), Series D | Provider of promotion management and cashback solutions to retailers | $250M | 78/100 | |
3rd | Paytronix 2001, Newton (United States), Acquired | Provider of digital guest engagement platform for restaurants and c-stores | $75M | 67/100 | |
4th | Loylty Rewardz 2006, Mumbai (India), Acquired | Platform offering loyalty and relationship management solutions | $28.3M | 65/100 | |
5th | Customer experience management solution | $22M | 64/100 | ||
6th | Sendoso 2016, San Francisco (United States), Series C | Account based marketing platform for businesses | $157M | 64/100 | |
7th | Online platform to create, run and manage promotional campaigns | $138M | 63/100 | ||
8th | Collinson Group 1989, London (United Kingdom), Unfunded | Provider of travel, loyalty, customer engagement, and insurance solutions | - | - | 63/100 |
9th |  Almonds Ai 2017, Gurugram (India), Seed | Provider of an AI powered channel engagement solutions | $1.84M | 62/100 | |
10th | Wildfire 2017, Solana Beach (United States), Series B | Provider of white-label platform for shopping rewards, cashback, and loyalty | $31M | 62/100 | |
34th | Provider of rewards, incentives, and loyalty solutions for business relationships | $50M | 50/100 |
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Giift's Investments and acquisitions
Giift has made 1 investments in companies including Xoxoday. Giift has also acquired 3 companies including InTouch and Loyolink.Here is the list of investments & acquisitions:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jan 31, 2023 | Acquisition | 1999 | Jakarta (Indonesia) | |
May 03, 2022 | Acquisition | 2010 | Dubai (United Arab Emirates) | |
Feb 23, 2022 | Investments | 2012 | Bengaluru (India) |
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News related to Giift
Filter this list•
Giift backed by Apis Partners Rebrands as Xoxoday GloballyCNW•Mar 03, 2025•Xoxoday, Giift, Apis Partners
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GIIFT (EMPULs) appointed in the Gartner® 2024 Market Guide for employee voice solutionsPR Newswire•Dec 21, 2024•Giift
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Xoxoday Announces Integration with Zoho People to Help Businesses Boost Employee Experience with Effective Reward ProgramsAsian News International•Sep 30, 2024•Giift, Xoxoday, Zoho
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Empuls Introduces Advanced AI Capabilities in its Employee Engagement Product SuitePR Newswire•Jul 15, 2024•Empuls, Giift
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Geidea and Giift Partner to Transform Digital Solutions in the Egyptian MarketTechMoran•Jan 02, 2024•Geidea, Giift
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Nayax and Giift Unveil Disruptive Solution for the Loyalty SpaceGlobeNewswire•Aug 29, 2023•Giift, Nayax
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