BANGALORE, August 16, 2018 : Xoxoday has been positioned in the Top 100 and has been declared as the WINNER of the Top 100 SME’s of India Award at the India SME 100 Awards presented by Axis Bank along with India SME forum.
Xoxoday, which primarily provides technology platforms to enterprises to manage their employee, channel partner and consumer engagement, rewards, recognition and incentive programs, underwent the stringent evaluation criteria laid down by the India SME Forum Jury Board and the winners were chosen from 33,102 nominations based on their financial and non-financial performance.
The award ceremony held in the presence of Shri. Giriraj Singh, Hon’ble Minister of State for MSME, (IC) Govt. of India and Shri Suresh Prabhu, Hon’ble Minister of Commerce & Industry, Govt. of India, was a premier platform to felicitate small-scale industrialists for their unrecognized efforts in their respective segments.
Xoxoday, the Bangalore-based startup which was founded in August 2012 has seen over 160% of average annual revenue growth with a very capital efficient model. Xoxoday has worked with around 1,000+ global enterprises since its inception. Xoxoday indirectly reaches to around 2 Mn end users through its platforms. The platform helps enterprise, large and small, to digitize and automate their rewarding workflows, incentive budgets, nominations and rule-based incentives.
The platform empowers the end user with lot of social recognition capabilities, building likeminded communities, share feedbacks, participate in ideation and thus reinforces positive behaviours for better business results for the enterprise. The instant awards from the platform can be redeemed on 10,000+ options like experiences, activities, gift vouchers, learning & training, and special offers.
Xoxoday is also one of the pioneers for digitizing experiences and activities through its supplier-side SaaS platform. It has aggregated around 5,000+ experiences and activities in around 20 countries in the world.
On winning the Award, Manoj Agarwal, Co Founder, Xoxoday, said, “Its a happy moment for us to be part of this award. This is a testimony of the hard work of our team to make this company a success with strong business values and fundamentals. Xoxoday has leveraged technology capabilities well and would continue to do so to become one of the best companies in the rewards, recognition and incentives domain.”
About Xoxoday :
Xoxoday Enterprise is a technology platform helping organizations to manage rewards, incentives and loyalty programs. Xoxoday develops scalable, secure, distributed and seamless solutions that help employees, consumers, and channel partners engage with brands through our unparalleled catalogue of curated experiences.