twid

company

About

Twid (That’s What I Do) is India’s first rewards-based payment network.

  • 51 - 100

Details

Last Funding Type
Series A
Last Funding Money Raised
₹0.94B
Industries
Financial Services,FinTech
Founded date
Oct 1, 2020
Number Of Employee
51 - 100
Operating Status
Active

Twid (That’s What I Do) is India’s first rewards-based payment network. It brings together different rewards points systems across issuers to a single platform. With Twid consumers can access all of their rewards from banks, brands, travel, dining on one platform and make payments for their daily spends. Twid’s network of merchants consist of offline retailers, online partners, restaurants, hotel and flight aggregators, and more. The Twid platform currently has on-board 10+ Issuer Partners, 50,000+ live merchants and brands and over 40 Million customer base.

The company was founded in Bengaluru in October 2020 by Amit Koshal, Rishi Batra and Amit Sharma. Amit Koshal and Amit Sharma both held leadership positions at Intuit, while Rishi led marquee investments at Bennett, Coleman and Company.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
₹1.04B
twid has raised a total of ₹1.04B in funding over 2 rounds. Their latest funding was raised on Aug 2, 2022 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 2, 2022 Series A ₹0.94B 1 Detail
Sep 30, 2019 Seed ₹100M 1 SCV LLC Detail

Investors

Number of Lead Investors
Number of Investors
1
2
twid is funded by 2 investors. SCV LLC and Reddy Futures are the most recent investors.
Investor Name Lead Investor Funding Round
SCV LLC Yes Seed
Reddy Futures Series A