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Qwikcilver Solutions Pvt Ltd is a Bangalore-based provider of digital gift card, prepaid card and loyalty solutions.
Founded in 2008 in Bangalore, India, Qwikcilver issues, processes and manages gift cards, prepaid cards, brand wallets and loyalty programs for banks, retailers, airlines and e-commerce platforms. The company has completed 9 deals and was acquired by Pine Labs Private Limited on March 19, 2019 for USD 110 mn. Kumar Sudarshan is CEO, and fiscal 2022 revenue was USD 42.50 mn with EBITDA of USD 11.30 mn.
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