FundedIQ
Financial Services

twid: Funding, Investors & Team (Sep 2026)

Twid (That’s What I Do) is India’s first rewards-based payment network. It brings together different rewards points systems across issuers to a single platform. With Twid consumers can access all of their rewards from banks, brands, travel, dining on one platform and make payments for their daily spends. Twid’s network of merchants consist of offline retailers, online partners, restaurants, hotel and flight aggregators, and more. The Twid platform currently has on-board 10+ Issuer Partners, 50,000+ live merchants and brands and over 40 Million customer base. The company was founded in Bengaluru in October 2020 by Amit Koshal, Rishi Batra and Amit Sharma. Amit Koshal and Amit Sharma both held leadership positions at Intuit, while Rishi led marquee investments at Bennett, Coleman and Company.

www.twidpay.com LinkedIn Bangalore, India 51-100 employees
Financial Services FinTech B2B B2C
Total raised
$12.0M
Rounds
1
Latest
Series A
Aug 2022

twid has raised $12.0M across 1 funding round on record, the most recent a Series A of $12.0M announced in Aug 2022.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

twid Company Profile and Key Stats

Total funding raised
$12.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series A
$12.0M in Aug 2022
Employees
51-100
reported band
Headquarters
Bangalore, India

Latest funding round on record: Aug 2022.

twid Funding Rounds

Date
Round
Amount
Series A
$12.0M

twid Founders and Leadership Team

Name
Role
Contact
Amit Koshal
CEO
Locked

Contact details for the twid team: 1 of 1 has an email address on file.

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twid Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
3,249
$3.0M
8,422
$15M

twid's latest round of $12.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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twid Funding FAQs

What does twid do?

Twid (That’s What I Do) is India’s first rewards-based payment network. It brings together different rewards points systems across issuers to a single platform. With Twid consumers can access all of their rewards from banks, brands, travel, dining on one platform and make payments for their daily spends. Twid’s network of merchants consist of offline retailers, online partners, restaurants, hotel and flight aggregators, and more. The Twid platform currently has on-board 10+ Issuer Partners, 50,000+ live merchants and brands and over 40 Million customer base. The company was founded in Bengaluru in October 2020 by Amit Koshal, Rishi Batra and Amit Sharma. Amit Koshal and Amit Sharma both held leadership positions at Intuit, while Rishi led marquee investments at Bennett, Coleman and Company.

How much funding has twid raised?

twid has raised $12.0M across 1 round on record. The most recent is a Series A of $12.0M announced in Aug 2022.

When did twid last raise funding?

twid's most recent funding round on record is a Series A of $12.0M, announced in Aug 2022.

Who is the CEO of twid?

Amit Koshal is listed as CEO at twid.

Where is twid headquartered?

twid is based in Bangalore, Karnataka, India.

How many employees does twid have?

twid is in the 51-100 employee band.

How does twid's funding compare to other Financial Services startups?

twid's latest round of $12.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,746 tracked companies over the last two years.

About FundedIQ's twid Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for twid is left off this page rather than filled in.

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