💨 Abstract

Global AI-powered loyalty and rewards SaaS venture Giift rebrands to Xoxoday, backed by a US$ 70 Million investment from Apis Growth Fund II. Xoxoday specializes in employee recognition, sales incentives, and customer loyalty initiatives, serving over 5,000 organizations globally, including Fortune 500 companies, with more than 65 million active users managing approximately US$ 1 Billion worth of spending.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖