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Xoxoday is a horizontal rewards & incentive infrastructure platform to solve problems around employee rewards and recognition, channel incentives, sales incentives, and consumer promotions.
Basic Information
Xoxoday (pronounced “zo-zo-day”) is a one-of-a-kind all-in-one engagement and motivation platform that has been empowering organisations across the globe to improve business efficiency, productivity, performance while optimising costs in employees, sales, channel, and consumer engagement. Founded in the year 2012 by Manoj Agarwal, Abhishek Kumar, Sumit Khandelwal and Kushal Agrawal, Xoxoday offers a powerful platform for organisations to align their users with motivation triggers – both extrinsic and intrinsic – and achieve tangible business outcomes. Xoxoday’s robust technology platform includes three highly scalable, easy to use, plug-n-play products. These platforms help organisations to motivate and engage their employees, distributors, dealers, contractors, freelancers, sales teams, survey panellists and more.
Legal Name
:
Nreach online Services Pvt Ltd
Headquarters
:
Bangalore, Karnataka, India
Business Model
:
B2B  
Founding Date
:
2012
No. of Employees
:
151 to 250
Core Team
:
1.  
Sumit Khandelwal
Co-Founder & CEO
2.  
Abhishek Kumar
Co-Founder
3.  
Kushal Agrawal
Co-founder
4.  
Manoj Aggarwal
Co-Founder

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Timeline

2012

Company Incorporation

Jul | Company Incorporation

2019

Stepped into New Market

Aug | Stepped into New Market

Entered into USA and European markets

Strategic Partnership

Sep | Strategic Partnership

Launched into SAP Successfactors marketplace

2021

Awards

Mar | Awards

Deloitte fast 50 in 2021

Key Customer Milestone

Mar | Key Customer Milestone

Reaching an annual revenue of 4.5 mn USD

Target Market
B2B
Xoxoday works across multiple geographies on multiple customer segments. The company today has over 800 clients spread across USA, Europe and APAC.
Client Segment
:
E-Commerce,  Enterprise Tech,  Travel/Hospitality,  FinTech,  EdTech/Education,  Automotive  
Target Companies
:
Medium Enterprise,  Large Enterprise,  Small Enterprise,  Startup  
Target Geography
:
Funding

Total Funding

$30.5M

Investors
:
1.  
Kshatriya ventures
2.  
Mahindra Holidays & Resorts India Limited
3.  
Apis Partners
4.  
Giift

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Detail Round Breakdown
Round 1

$30M

Series Name
:
OTHER
Date
:
23rd Feb 2022
Investors
:
1.  
Apis Partners
2.  
Giift
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