QwikCilver Solutions

digital cards

STATUS: Acquired/Merged
FOUNDING YEAR: 2007
LOCATION: India
Last Update: 03/06/2021

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About

Gift Card pioneer; SaaS Technology Product platform leader.Thought leader. Trusted. Reliable.Versatile. Credible. Global. Game changer.

MEDICI Analysis

QwikCilver is a provider for all kinds of stored value card based solutions. Be it gift card programs, loyalty programs, discount programs for retailers and service providers, or convenience and operational efficiency programs for corporate like campus cards, incentives and benefits card.

Focus

PRODUCTS & SERVICES

Stored value card solutions. It provides a comprehensive gifting solution to its customers.

REVENUE MODEL

On the B2B side, the firm charges an activation fee or transaction management fee of 1-2.5% of the value of the card while on its marketplace it charges 10-25% of the value

MAIN CLIENTS

Amazon

Myntra

Titan and Puma

EXISTING PARTNERSHIPS

Retail brands like Reliance

Shoppers stop; Apparel brands like Van Heusen

Allen Solly

Arvind fashion; Fashion brands like Titan Eye Plus

Fasttrack.

COMMENT

It facilitates sending gift vouchers, mobile gift cards and many more with just a click of a button

Traction

VALUATION / MARKET CAP:

$66.67 M in 2015

COMPANY TYPE:

For Profit

NUMBER OF TRANSACTIONS:

5 M

TRANSACTIONS VALUE:

$150 M

company provided insights
Acquisitions

M&A

ACQUIRED BY

Pine Labs

ANNOUNCED DATE

Mar 2019

PRICE

$110 M

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

19,666

AVERAGE VISITS (6 MONTHS)

18,346.04

MONTHLY VISITS GROWTH

54.03%

VISIT DURATION

634

VISIT DURATION GROWTH

166.82%

PAGE VIEWS VISIT

7.76

PAGE VIEWS VISIT GROWTH

108.01%

BOUNCE RATE

32.9%

BOUNCE RATE GROWTH

-0.29%

GLOBAL TRAFFIC RANK

671,915

MONTHLY RANK CHANGE

-785,533

MONTHLY RANK GROWTH

-53.9%

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