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Thriwe - About the company

Thriwe is a series A company based in India, founded in 2011 by Vikul Chander and Mahipal Singh. It operates as a Provider of loyalty program solutions with benefits and technology platforms. Thriwe has raised $5.53M in funding from investors like YourNest, Almutlaq and iSON Innovation & Investments, with a current valuation of $*****. The company has 607 active competitors, including 64 funded and 41 that have exited. Its top competitors include companies like Capillary Technologies, Upside and Paytronix.

Company Details

Provider of loyalty program solutions with benefits and technology platforms. It empowers businesses to manage customer, employee, and channel partner loyalty through customizable technology. The company offers a benefits marketplace and technology suite to design and manage loyalty programs. It provides tools for reward management, API integration, and membership programs, along with benefits spanning travel, dining, sports, healthcare, lifestyle, and digital services.
Website
thriwe.com
Social
XFacebook
Email ID
*****@thriwe.com
Phone Number
+91 **********
Registered Address
501, Rectangle -1, D-4, District Centre, Saket Delhi , New Delhi Unclassified DL 110017
Key Metrics
Founded Year
2011
Location
Stage
Series A
Total Funding
$5.53M in 8 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jan 04, 2022
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
274 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
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Thriwe's funding and investors

Thriwe has raised a total funding of $5.53M over 8 rounds. Its first funding round was on Feb 13, 2015. Its latest funding round was a Series A round on Jun 19, 2023 for $*****. 1 investor participated in its latest round. Thriwe has 9 institutional investors and 24 angel investors.

Here is the list of recent funding rounds of Thriwe:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 19, 2023
5465544
Series A
8132489
8323846
3999289
5477011
Jan 04, 2022
4022034
Series A
3761732
7975906
1722965
Aug 31, 2018
5695672
Angel
8148678
4391641
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Thriwe's founders and board of directors

Founder? Claim Profile
The founders of Thriwe are Vikul Chander and Mahipal Singh.
Here are the details of Thriwe's key team members:

Thriwe's Board of Directors

Thriwe's board has 3 active members. Sunil Kumar Goyal and Dhruv Verma are part of team and Mithlesh Verma is independent board member.
Here is the list of Thriwe's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
16y 10m
Team
-
Current
16y 10m
Independent board member
-
Current
17y 11m
lxgc{ma
Independent board member
-
Past
4y 1m
oegnwrx
Independent board member
-
Past
6y 1m

Thriwe's employee count trend

Thriwe has 274 employees as of Jul 26. Here is Thriwe's employee count trend over the years:
Employee count trend for Thriwe
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Thriwe's Competitors and alternates

Top competitors of Thriwe include Capillary Technologies, Upside and Paytronix. Here is the list of Top 10 competitors of Thriwe, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Capillary Technologies
Capillary Technologies
2008, Bengaluru (India), Public
AI powered loyalty management software for enterprises
$144M
82/100
2nd
Logo for Upside
Upside
2016, Washington, DC (United States), Series D
Provider of promotion management and cashback solutions to retailers
$250M
78/100
3rd
Logo for Paytronix
Paytronix
2001, Newton (United States), Acquired
Provider of digital guest engagement platform for restaurants and c-stores
$75M
71/100
4th
Logo for SPLIO
SPLIO
2001, Paris (France), Series A
Customer experience management solution
$22M
67/100
5th
Logo for Talon One
Talon One
2015, Berlin (Germany), Acquired
Online platform to create, run and manage promotional campaigns
$138M
67/100
6th
Logo for Kognitiv
Kognitiv
2009, Waterloo (Canada), Acquired
Provider of loyalty program services
$35M
65/100
7th
Logo for Loylty Rewardz
Loylty Rewardz
2006, Mumbai (India), Acquired
Platform offering loyalty and relationship management solutions
$28.3M
65/100
8th
Logo for Easyrewardz
Easyrewardz
2011, Gurugram (India), Series B
Cloud-based CRM and loyalty platform solutions for managing customer relationships, loyalty programs, and sales interactions
$14.3M
64/100
9th
Logo for Sendoso
Sendoso
2016, San Francisco (United States), Series C
Account based marketing platform for businesses
$157M
64/100
10th
Logo for Prodege
Prodege
2005, Los Angeles (United States), Acquired
Provider of consumer marketing and insights platform powered by loyalty programs
$61M
 
63/100
24th
Logo for Thriwe
Thriwe
2011, India, Series A
Provider of loyalty program solutions with benefits and technology platforms
$5.53M
54/100
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Thriwe's Latest cap tables and shareholding

Founders (largest shareholder) own 34.36%, Funds own 18.73%, Enterprises own 4.12% and Angels own 21.75%. The net worth of Thriwe's founders is INR 38.4Cr as of Jan 04, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
34.36%
38.4Cr
9892731
8592404
2729874
1790321
Fund
18.73%
21Cr
3050666
8063428
4104874
9712201
Enterprise
4.12%
4.61Cr
6295
3482
5304
8537
Angel
21.75%
24.3Cr
8914058
4136380
9543851
3940372
361346
905467
712939
408385
636183
601817
47
68
30
24
83
32
91
89
16
29
24
45
97
31
96
95
34
55
1
3
2
4
5
2
Other People
11.55%
12.9Cr
9208064
3028119
6795689
7852775
ESOP Pool
9.49%
10.6Cr
9452566
8559810
2196805
5330916
Total
100.00%
112Cr
8426061
2043707
6776558
7628365
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Thriwe's Shareholding

Thriwe's Investments and acquisitions

Thriwe has made 1 investments in companies including Bonphul Foods. Thriwe has also acquired 4 companies including UCare and Alliances Galore.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
May 03, 2023
Acquisition
2018
Mumbai (India)
Jun 16, 2022
Investments
2021
Delhi (India)
Aug 03, 2021
Acquisition
2007
Mumbai (India)
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Reports related to Thriwe

Here is the latest report on Thriwe's sector:

News related to Thriwe

lockFilter this list
Media has covered Thriwe for 1 event in last 1 year, It was about company updates.
Thriwe expands its services into Saudi ArabiaGCC Business NewsNov 01, 2023Thriwe
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