# Thriwe

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/thriwe

- Industry: Internet
- Headquarters: New Delhi, India
- Website: www.thriwe.com
- Total disclosed funding: $1.1M
- Latest round: Series A (Jul 22, 2016)
- Investors on record: 2

## About

Founded in 2011 and headquartered in New Delhi, India, Thriwe Inc. specializes in providing comprehensive loyalty program solutions to enhance customer engagement and retention across various industries globally.Thriwe Inc. is a provider of loyalty solutions that helps businesses improve customer engagement and retention. The company was founded in 2011 by Dhruv Verma, Mahipal Singh, and Swati Sharma. Thriwe has raised a total of INR 111.010 mn, with its most recent funding round occurring on June 19, 2023, led by Volvie Capital Management. The company is currently valued at INR 1191.622 mn and has executed a total of 8 deals to date.Thriwe offers a range of loyalty program solutions designed to cater to various sectors, including BFSI, consumer durables, utilities, automobiles, and hospitality. Their customizable loyalty programs provide benefits such as travel, dining, lifestyle, sports, and healthcare, all integrated through an advanced technology platform. Operating in over 120 countries, including India, the UAE, Saudi Arabia, and Southeast Asia, Thriwe tailors its offerings to meet the specific needs of diverse geographical markets.In the fiscal year 2023, Thriwe generated revenue of INR 10,642,197.20, with an EBITDA amounting to INR 321,028.90. The company primarily derives its revenue from B2B partnerships and direct-to-consumer transactions, allowing clients to subscribe to various loyalty program services.Following its recent funding round in June 2023, Thriwe plans to enhance its loyalty and rewards ecosystem, with a focus on improving customer experiences in Saudi Arabia. The funding will support the development of new products aimed at expanding their offerings in the loyalty program space, with specific plans for market entry and growth in the region.

## Funding rounds

- Series A, Jul 22, 2016, $0.8M — YourNest Capital Advisors, ISON Group
- Series A, Feb 13, 2015, $0.3M — YourNest Capital Advisors

## Investors

- YourNest Capital Advisors (https://capitalatlas.ai/funds/yournest-capital-advisors) — Series A
- ISON Group — Series A