Xoxoday Selected for Oracle’s Global Startup Ecosystem

Xoxoday, the reward, loyalty and engagement solution provider for top enterprises, has been selected for Oracle Global Startup Ecosystem program 2018.

BANGALORE, August 20, 2018 : Oracle’s global startup program provides enriching, collaborative partnerships to enable next-generation growth and drive cloud-based innovation for startups throughout their journey. Run by members of Oracle’s research and development team, the startup program provides mentoring from technical and business experts, state-of-the-art technology, a co-working space, access to Oracle customers, partners and investors, and free Oracle Cloud credits. It also offers an ever-expanding global network of start-up peers, as well as a global alumni program.

Shortlisted from among several hundred applicants, Xoxoday will also join Oracle’s global startup ecosystem. Xoxoday provides technology platforms to enterprises to manage their employee, channel partner and consumer engagement, rewards, recognition and inventive programs. 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 million end-users through its platforms. The platform helps enterprises, large and small, to digitize and automate their rewarding workflows, incentive budgets, nominations and rule-based incentives.

The platform empowers the end-user with a lot of social recognition capabilities, build like-minded 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.

“With Indian startups making global strides, Oracle’s enterprise-grade cloud platform is a natural choice for them to be able to scale rapidly, securely and cost effectively. We’re super excited to have these trailblazers part of our startup program,” said Harshad Oak, Senior Director, Oracle Global Startup Ecosystem. “Oracle’s startup engagement goes well beyond business and technology. We make every effort to understand the startups, partner with them and also learn from them,” added Harshad Oak.

While speaking on the occasion Manoj Agarwal, Co-Founder, Xoxoday said, “Oracle brings immense value to us with its technology and sales expertise. Oracle’s suite of products in cloud, HR and channel can integrate well with Xoxoday and enable us to scale up. We look forward to work closely with Oracle to build a great partnership.”