Tech Company Financing Transactions
Twid Funding Round
Twid closed a $12 million Series A funding round on 8/3/2022. Backers included Rakuten Capital, BEENEXT and Google.
Transaction Overview
Company Name
Announced On
8/3/2022
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
Proceeds Purpose
Twid plans to use the fresh funds to grow its network and go deeper into the business, Koshal told TechCrunch. Twid plans to leverage Rakuten's expertise in reward points to enhance its platform.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
415, 4th Floor, 1st Block 2nd Main, RT Nagar
Bangalore, Karnataka, 560032
IN
Bangalore, Karnataka, 560032
IN
Phone
Website
Email Address
Overview
Twid is a technology company that builds existing reward points into a currency. Point Issuers, Merchants and Acquirers -- from startups to large established businesses -- use our software and network to enable "Pay with Rewards" We are delivering new-age fintech solutions, built grounds up from our technology innovators to solve large un-solved problems.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Amit Koshal
Chief Operating Officer
Rishi Batra
Chief Technical Officer
Amit Sharma
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About Our Venture Capital Transactions Database
We do our best to report on tech company VC transactions. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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