Benepik Technology Pvt. Ltd.

Benepik Technology Pvt. Ltd. provides innovative rewards and loyalty solutions, facilitating engagement between businesses and their stakeholders through a robust platform for redeeming incentives and gifts. Founded in 2015 in Gurgaon, India, Benepik Technology Pvt.

Ltd. specializes in loyalty and rewards programs. The company raised INR 3. 4 million in July 2020, with participation from various investors.

The founder, Saurabh Jain, has a history of entrepreneurship and innovation within the sector. Since inception, Benepik has executed 2 deals, with a current valuation of INR 356. 943 mn. Benepik offers a rewards platform that enhances employee and consumer engagement through a range of redeemable gifts, experiences, and brand gift cards.

Their services cater to corporate organizations, retail businesses, and service providers, primarily in India, the Middle East, and Indonesia, strengthening loyalty and fostering relationships across varied user preferences. In 2023, Benepik reported a revenue of INR 9,758,114. 70 with an EBITDA of INR -20,452. 30, generated through its B2B loyalty platform, which facilitates stakeholder transactions and engagement metrics, bolstering customer retention and loyalty as businesses integrate their services into existing operations.

Benepik intends to leverage the INR 3. 4 million raised in July 2020 to enhance its platform and expand its product offerings, focusing on new features designed to improve user experience. The company is also targeting expansion into new markets in Southeast Asia and the Middle East by 2025, aiming to establish a stronger presence in these regions.