Qwikcilver forays into Singapore, lines up expansion to other SEA markets

SaaS-based gift card solution provider Qwikcilver, a Bangalore-based company backed by VC investors like Accel India and Helion Partners, is foraying into Southeast Asia market (SEA). “We are bullish on SEA market and has started with Singapore 2-3 months back as our base. We are also expanding across the regions like Indonesia, Thailand, Philippines and other parts of SE Asia,” Sadiq Ahamed, chief strategy officer at Qwikcilver told DEALSTREETASIA. In Singapore, Qwikcilver has partnered with NETS, a payments company, to enable digital gift cards in malls and retailers across the country.

Launch alert! Harvey Nichols & Bloomingdale’s Gift Cards

Qwikcilver is proud to partner the Al Tayer group in launching the Harvey Nichols and Bloomingdale’s gift card in the UAE. With this launch Qwikcilver enters the super luxury retail segment and reiterates its position as the global leader gift card technology. Harvey Nichols Harvey Nichols, internationally renowned for its expertly edited fashion and beauty merchandise, premium food and wine offer and award-winning restaurants has now launched its very own Gift Card. Qwikcilver is proud to partner Harvey Nichols Dubai in powering their Gift Card Program.

Gift card co Qwikcilver plans expansion to Russia and SE Asia

Gift card solutions provider Qwikcilver is planning to expand to Russia and Southeast Asia, hoping to leverage its investor network to tap into the new markets. The company had in July last year raised Rs 67 crore from investors led by Sistema Asia Fund, the proprietary fund of Russian conglomerate Sistema. “We are backed by the board now to venture outside of India and have inbound interest from retail players for the Russian market.

Qwikcilver eyes Middle East for expansion

Loyalty points aggregator Qwikcilver Solutions, which has taken the gifting model to another level in the country during its six years of existence, is expanding its workforce and plans to open a new office in the Middle East. In an interaction with Deccan Herald, Qwikcilver Solutions Chief Operating Officer and Co-founder Kumar Sudarshan said besides expanding its footprint in the country aggressively, the company is also marketing its Woohoo app to give a seamless experience to customers.