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PAYBACK is a Bangalore-based multi-brand loyalty program that lets customers earn points at partner merchants.
Founded in 2000 by Dave Gottschalk and headquartered in Bangalore, India, PAYBACK runs a loyalty program that lets customers earn and redeem points with retail, travel and dining partners. In June 2021, Resilient Innovations Private Limited acquired the company for USD 30 mn, transitioning it from American Express and ICICI Investments Strategic Fund. Its latest round was an Add-on round led by BharatPe, raising USD 30 mn, bringing total funding to USD 320 mn.
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