Asset Manager

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Xoxoday

Xoxoday is a asset manager based in Bangalore, founded 2012; the Altss profile covers its classification, headquarters, registration, AUM band, and key...

Xoxoday

Empowering 5000+ global brands to engage employees, customers, sales, and channel partners through comprehensive solutions.

General information

Firm type

Asset Manager

Year founded

2012

Location

Region

Asia

Country

India

City

Bangalore

Corporate office

AKR Infinity, 2nd Floor, Plot Sy. no. 113, Krishna Reddy Industrial Area, 7th Mile Hosur Road, Bengaluru, Karnataka, India - 560068

Additional offices

San Francisco, USA · New York, USA · Dubai, UAE · Doha, Qatar · Singapore · London, UK · Jakarta, Indonesia

Principals

Sumit Khandelwal

Co-founder

Manoj Agarwal

Co-founder

Kushal Agarwal

Co-founder

Abhishek Rungta

Co-founder

Abhimanyu Choudhary

Co-founder

Sector focus

Enterprise SoftwareFinTech

Frequently asked questions

What is Xoxoday's core business — is it a rewards vendor or a SaaS platform?

Xoxoday is fundamentally an API-first B2B SaaS platform that supplies rewards, recognition, loyalty, and incentive infrastructure. It embeds directly into enterprise HRMS, CRM, and marketing-automation stacks rather than operating as a stand-alone corporate gifting website. The firm describes itself as a 'rewards infrastructure' company that enables other businesses to run their own branded rewards programs.

How does Xoxoday source its redeemable rewards catalog?

Xoxoday builds and maintains a proprietary supply chain of gift cards, prepaid cards, travel experiences, merchandise, and charity donations across more than 30 categories and 175 countries. The firm aggregates these redemption options directly, supports 100+ languages and 50+ currencies, and delivers them through its Plum rewards infrastructure, which clients call via API.

Which institutional investors have backed Xoxoday?

Kshatriya Ventures supplied seed funding in 2013, Mahindra Holidays made a strategic investment in 2016, and growth-equity investor Apis Partners led a growth-capital round in 2022 (per the firm website). A Series C round closed in 2025 to fund AI-driven product development and global expansion.

Does Xoxoday operate primarily as a direct-sales model or through channel partners?

Xoxoday sells directly to enterprise HR, finance, procurement, and marketing teams, while also maintaining a listed partner program. Its technology integrates with partner ecosystems such as SAP, Workday, Salesforce, and HubSpot, which suggests partners also refer or resell the platform, but the firm has not disclosed the split between direct and channel revenue.

What is Empuls, and how does it relate to Xoxoday?

Empuls is Xoxoday's employee-engagement platform, launched in 2018. It combines social recognition, pulse surveys, rewards, and internal communication tools into a single SaaS product aimed at HR teams. Empuls sits alongside Plum (rewards infrastructure) and Loyalife (customer loyalty) as one of three core product lines within the Xoxoday group.

In which global regions does Xoxoday have on-the-ground operations?

The firm maintains offices in India (Bangalore, Mumbai), the United States (San Francisco, New York), the United Arab Emirates (Dubai), Qatar (Doha), Singapore, the United Kingdom (London), and Indonesia (Jakarta). It also lists a Dublin delivery presence and additional reach into Beijing, Bangkok, and Dhaka.

How does Xoxoday handle data security and regulatory compliance for enterprise clients?

Xoxoday holds ISO 27001 and SOC 2 certifications and states that it is compliant with GDPR and CCPA requirements. It offers both cloud-agnostic deployments and on-premises options, which gives regulated clients — particularly in financial services — greater control over their data residency and security posture.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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