“..Bangalore-based Qwikcilver, which runs gift card tech site Woohoo has announced a fresh round of funding led by Sistema Asia Fund Advisory, a proprietary fund floated by Sistema JSFC..” –Techinasia.com
“..The company will use the funding to further invest in R&D, scale the Gift Card category, and expand into new geographies..”- Yahoo News Singapore
“..Qwikcilver has established and reinforced the Prepaid & Gift Card network in Indian retail, with close to 90 per cent share of the customer engagements across 150+ leading brands & retailers in 25 consumption categories…” – e27.co
“…QwikCilver will use the funding to double the value of gift cards it sells to Rs 4,000 crore in the current fiscal year. The company is also eyeing international expansion to markets in Middle East, Southeast Asia and Australia, where it is currently tying up with brands and merchants. ..” – Times of India
“..With Qwikcilver being the first startup in India back in 2014 to be backed by the Amazon India, it is no surprise to note that the existing investors such as Amazon India themselves, Accel India and Helion Venture Partners had also participated in this new round..”- techstory.in
