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Radar · Loyalty Software in Mumbai

Best Loyalty Software Companies in Mumbai, India

The 32 best Loyalty Software companies in Mumbai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Loylty Rewardz.

32companies tracked
$45.3Mdisclosed funding
0unicorns
5have raised

Ranked: Best Loyalty Software companies in Mumbai

#CompanyRevenueDisclosed fundingLast roundEmployeesTech stackWeb popularityRecent signals
1Loylty Rewardz
Platform offering loyalty and relationship management solutions
72Moat top 22%Product top 26%Innovation top 28%Funding top 32%
All 11 signals ▾
Moattop 22%
Producttop 26%
Innovationtop 28%
Fundingtop 32%
Markettop 35%
Techtop 35%
Fin. healthtop 38%
Growthtop 45%
Talentbottom 49%
Globalbottom 37%
Newsbottom 22%
Moat: Top 1% by revenue among 319 tracked Sales Force Automation companies · Editorial + unicorn rating 6/10
Product: 9 distinct product lines · Company stage: Acquired
rank vs industry peers · Fliar Intelligence Index 72/100
$61M
FY2025
$28M137 mo ago275
275 → 378 (+37%)
Cart FunctionalityTypeScriptZoho+11Top 50M—
2Max Get More
India based coalition rewards program enabler
$61M
FY2025
——8TypeScriptAngularZone.js+9Top 10M—
3Vernost
Provider of technology solutions for loyalty programs, travel, and payments
$48M
FY2025
——181
181 → 357 (+97%)
WebflowMicrosoft AdvertisingHubSpot+16Top 10M—
4Empower Rewards
Employee engagement, customer and channel loyalty solutions
$10M
FY2025
$76K120 mo ago56———
5Enertia Worldwide
Provider of loyalty and rewards platforms for businesses and their customers
$3M
FY2025
——————
6RewardPort
Customer loyalty and employee engagement solutions
$2M
FY2025
——32WordPressMySQLPHP+34Top 10M—
7Customer Capital
Provider of bespoke education and support services for pupils with diverse needs
$2M
FY2025
—12 mo ago—WixSentryBootstrap+13Top 50M—
8WovV
Provider of AI-powered SaaS platform and technology services for businesses
$2M
FY2025
——64WordPressMySQLPHP+23Top 5M—
9Lifafa
Employee benefits administration platform and marketplace for enterprises
$1M
FY2025
——50Cart FunctionalityLovableRadix UI+13Top 5M—
10SocioAdvocacy
Employee Advocacy platform
$970K
FY2025
——19———
11NUPI
Platform offering loyalty and rewards program to help businesses attract and retain customers
$784K
FY2025
———Node.jsChakra UIReact+9Top 10M—
12Nector
SaaS based loyalty management software solutions for customer engagement
$280K
FY2025
$482K50 mo ago4WebflowAmazon Web ServicesGSAP+23Top 5M—
13Hashtag Loyalty
Customer engagement and marketing automation solutions for businesses
24Innovation top 33%Tech top 34%Product top 36%News top 40%
All 10 signals ▾
Innovationtop 33%
Techtop 34%
Producttop 36%
Newstop 40%
Moattop 41%
Fundingtop 44%
Globalbottom 37%
Marketbottom 34%
Growthbottom 25%
Fin. healthbottom 18%
Innovation: 6 product lines
Tech: 30 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
rank vs industry peers · Fliar Intelligence Index 24/100
$129K
FY2021
$16M42 mo ago44Cart FunctionalitySentryTypeScript+22Top 50M—

Top 5 Loyalty Software companies in Mumbai

#1
Series A · Mumbai, Maharashtra · founded 2014 · 44 employees
$16.5Mraised
▾

Customer engagement and marketing automation solutions for businesses. It enables businesses to create digital customer reward programs, customer analytics, marketing tools, and social media integrations. It allows users to gather customer data, understand customer behaviors, and engage with customers. It also allows users to build customer loyalty, improve retention, and increase revenue.

Fliar Intelligence Index™ 24how this company ranks against its industry peers
Innovation
top 33%
Tech
top 34%
Product
top 36%
News
top 40%
Moat
top 41%
Funding
top 44%
Innovation: 6 product lines
Tech: 30 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Nginx
Product: 6 distinct product lines · Company stage: Series A
Funding rounds
  • Apr 2023Series A$2.3M
  • Oct 2021Series A$3.3M
  • Dec 2020Seed$102K
  • Jun 2018Seed$272.4K
Investors
Ahimsa, Whiteboard Capital, Jubilant FoodWorks, Coca-Cola, thinQbate, Upekkha
Tech stack
TypescriptNode.JsGoogle MapsUbuntuAngularNginx
#2
Acquired · Mumbai, Maharashtra · founded 2006 · 275 employees
$28.3Mraised
▾

Platform offering loyalty and relationship management solutions. It offers services in activities related to the development and management of consumer loyalty, data intelligence, and direct marketing communication. It enables users to conceptualize, develop, and operate loyalty programs, installing practices and processes towards generating lasting relationships and loyalty amongst their customer base. It claim to manage loyalty programs for debit and credit cards and process transactions per month.

Fliar Intelligence Index™ 72how this company ranks against its industry peers
Moat
top 22%
Product
top 26%
Innovation
top 28%
Funding
top 32%
Market
top 35%
Tech
top 35%
Moat: Top 1% by revenue among 319 tracked Sales Force Automation companies · Editorial + unicorn rating 6/10 · 9 curated direct competitors tracked
Product: 9 distinct product lines · Company stage: Acquired
Innovation: 9 product lines
Audience (LinkedIn): 15k LinkedIn followers — 14.2% of this cohort's audience
Funding rounds
  • May 2015Series C$20M
  • May 2014Series B$1.8M
  • Nov 2012Venture Debt$1.1M
  • Sep 2011Series B$4.4M
Founders & team
Amresh AcharyaManaging Director and CEO
Investors
SVB, Canaan, Ventureast, BillDesk, Argonaut Ventures, eYantra
Tech stack
Google AnalyticsGoogle WorkspaceHstsJetpackJqueryMysql
#3
Seed · Mumbai, Maharashtra · founded 2021 · 4 employees
$482.2Kraised
▾

SaaS based loyalty management software solutions for customer engagement. It helps businesses to enhance customer retention and conversion rates on the website. conversion rates on the websites. It offers customizable loyalty programs, referral systems, and review integrations. The software feature includes rewards management, loyalty management, tracks of reward users on purchases, sign ups, referrals, social media follows, reviews, analytics and reports on customer behavior, cross selling of products, APIs, and web SDK for mobile integration, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 12k LinkedIn followers — 12.0% of this cohort's audience
Activity: 2 partnerships (incl. Cashfree Payments) announced in 12 mo
Funding rounds
  • Aug 2022Seed$390.4K
  • May 2022Seed$91.8K
Founders & team
Ayush ShuklaCo-Founder & CEOOmar QureshiCo-Founder
Investors
PointOne Capital, LetsVenture, Angel List, FairAngels, Upsparks Capital, TDV Partners
Tech stack
Amazon S3Amazon Web ServicesCalendlyCart FunctionalityCdnjsCloudflare
#4
Seed · Mumbai, Maharashtra · founded 2013 · 56 employees
$76.4Kraised
▾

Empower Rewards provides businesses with employee engagement, channel and customer loyalty solutions. Specific to customer loyalty, it offers rewards management and analytics. Customer data is tracked, and segmentation and profiling are done enabling businesses to run targeted campaigns. Runs an in-house sourcing and stocking model, and maintains reward inventory ranging from small items to much larger ones. Customized catalogues with different reward options are provided to customers.

Funding rounds
  • Oct 2016Seed$76.4K
Founders & team
Rohit LambaFounder & CEO
Investors
PREMIA SOLUTIONZ, Dannon Engineering
#5
Seed · Mumbai, Maharashtra · founded 2021
—raised
▾

Provider of bespoke education and support services for pupils with diverse needs. It offers tailored learning and support packages for students aged 5-16 who have been excluded from mainstream education, are at risk of exclusion, or have medical needs preventing regular school attendance. Services include academic and vocational opportunities, aiming to re-engage students with learning and prepare them for future success. Outreach services support students in mainstream schools facing social, emotional, mental health, or special educational needs. The provider creates individualized programs to address challenges and barriers to learning, fostering a safe and respectful environment.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 3.7% of this cohort's audience
Funding rounds
  • Nov 2025Seed—
Founders & team
Ajay RowCo-FounderKunal MohiuddinCo-Founder & CTO & CPOGovind SandhuCo-Founder & CEO
Investors
Sky7Ventures
Tech stack
BootstrapGodaddyGoogle AnalyticsGoogle CloudGoogle Cloud CdnGsap

Funding & investor landscape

$45.3Mtotal disclosed funding
4companies funded
14disclosed rounds
0rounds last 90 days
Most active investors
Ahimsa1 rounds
All In Capital1 rounds
Angel List1 rounds
Anikarth Ventures1 rounds
Argonaut Ventures1 rounds
BillDesk1 rounds
Canaan1 rounds
Cerebral Logix Technologies1 rounds
Coca-Cola1 rounds
Dannon Engineering1 rounds

Notable founders

Amresh Acharya
Managing Director and CEO · Loylty Rewardz
Ayush Shukla
Co-Founder & CEO · Nector
Omar Qureshi
Co-Founder · Nector
Rohit Lamba
Founder & CEO · Empower Rewards
Ajay Row
Co-Founder · Customer Capital
Kunal Mohiuddin
Co-Founder & CTO & CPO · Customer Capital
Prism market signals · India · country-scoped Prism corpus, 117,578 docs

Market landscape — 10 sub-themes by coverage

Share of Loyalty Software coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding flat · growth rising

Common questions

How many Loyalty Software companies are there in Mumbai, India?
Radar tracks 32 indexable Loyalty Software companies headquartered in Mumbai, India that meet our profile-completeness bar.
What is the total funding raised by Loyalty Software companies in Mumbai, India?
The Loyalty Software companies in Mumbai, India on this list have raised a combined $45.3M in disclosed equity funding across 4 funded companies.
Which is the highest-funded Loyalty Software company in Mumbai, India?
Loylty Rewardz is the highest-funded Loyalty Software company in Mumbai, India, with $28.3M in disclosed equity funding.
How many Loyalty Software companies in Mumbai, India are funded?
4 of the 32 Loyalty Software companies in Mumbai, India on this list have disclosed at least one equity funding round.
How many Loyalty Software unicorns are there in Mumbai, India?
None of the Loyalty Software companies in Mumbai, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Mumbai, India Loyalty Software companies?
The most active investors in Mumbai, India Loyalty Software companies on this list include Ahimsa, All In Capital, Angel List, Anikarth Ventures, Argonaut Ventures.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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