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Our Story
We are here to make people, brands & businesses across the world smile, squeal & celebrate in pure delight - we are Qwikcilver.
We set ourselves to revolutionize the gifting landscape with our future ready technology solutions and we have built ground up a state-of-the-art Stored Value Platform exclusively for managing gift cards for Merchants, Retailers and Brands. 
We are an ISO27001 certified company and have been granted the license to “Issue” Semi-Closed Loop Prepaid (SCLP) instruments by the Reserve Bank of India (RBI), the apex Financial Regulatory Authority in India. We conduct annual audits like CISA and VAPT (Vulnerability Assessment & Penetration testing) and ESCROW reporting on a quarterly basis. These audits are conducted by authorised agencies to ensure security of both Qwikcilver systems and client system.
Our Journey
May 2009
June 2010
July 2010
March 2011
September 2011
June 2012
August 2013
October 2015
September 2016
February 2017
August 2017

May 2009

Launched India’s 1st cinema multiplex gift card program with PVR Cinemas

June 2010

Launched India’s 1st gift card program for premium watches & accessories with Titan, Helios and Fastrack

July 2010

Launched India’s 1st gift card program in e-commerce with Flipkart

March 2011

Launched India’s 1st fashion apparel gift card program with Aditya Birla Retail Group – Madura Fashion

September 2011

Launched India’s 1st departmental store gift card program with Shoppers Stop

June 2012

Awarded India’s Best Prepaid Card provider by Global Prepaid Exchange

August 2013

Strategic partnership with Amazon for the Amazon.in gift card program

October 2015

Launch of Woohoo, India’s exclusive gift card e-commerce site

September 2016

Expansion into international markets with the setting up of a branch in Dubai to cater to the GCC countries

February 2017

Expansion into South East Asian markets – with a subsidiary in Singapore

August 2017

Partnership with Lazada, leading e-commerce brand for the gift card category in Singapore, Malaysia and Philippines
AWARDS &
ACHIEVEMENTS
Meet The
Professional Team
Kumar Sudarsan
CEO & Co-Founder
Kumar has about 22 years of IT-industry experience spanning various aspects of technology, project, product, general management and customer-relationship management. Kumar holds a Master’s Degree in Mathematics and a Bachelor’s Degree in Computer Science from Birla Institute of Technology & Science (BITS), Pilani, India.
Pratap TP
Chief Marketing Officer & Co-Founder
Pratap has over 22 years of experience in Strategic Marketing, Product Launch Initiatives, Media Campaign management and Public Relations. He has a passion for new media propositions and innovative ways of reaching out to consumers. Pratap has a Bachelors degree in Electronics & Electrical Engineering from BITS Pilani and an MBA from IIM Calcutta.
Shankar Balan
President – Core Business 
Shankar is a seasoned professional with over 23 years of experience across leading brands in the Hospitality and Retail business. He has come on board as a "key stake-holder" with Qwikcilver to drive strategic alliances, merchant/ brand partner acquisitions and help build and cement business relationships in the customer facing, consumer-led business space.
Thirumalesh Chigateri
Chief Product Officer
Thirumalesh has over 19 years of experience in software product engineering with experience in architecting solutions, managing teams, project management, customer interactions. Thirumalesh was instrumental in architecting and managing a robust, multi-threaded, multi-database, first of its kind Java based data integration product. As a data integration architect at Hyperion and then Oracle, successfully lead many key projects. Thirumalesh holds a Bachelors Degree in Electronics and Communication from KREC, Suratkal (NITK).
Sanjay Tambwekar
Chief Technology Officer
An IIT Bombay alumnus Tambwekar has previously worked with multiple MNC’s including giants like NetApp (Director of Networked engineering), Sasken Communications (Director of Engineering) and VeriFone to name some. His experience includes dealing with systems software, storage and telecommunication among others spread across multiple functions of engineering, management, sales and marketing.
Sadiq Ahamed
Chief Strategy Officer
An Entrepreneur and an Inventor (filed 4 US patents and 10 inventions) with around 10+ years of experience in multiple roles of Software Product Management in India and US. He currently drives Qwikcilver Product Portfolio and has a passion for following technology focussed start-ups.
Swarnendu Mukherjee
Vice President - Corporate Business
Swarnendu Mukherjee has over 20 years of rich and diverse experience with brands like Dell and the Taj Group of hotels; spanning across B2B Sales, Channel Sales & Distribution, New Business Creation, Process re-engineering, Six Sigma Quality and Process Management. He comes on board as the Head for Corporate Sales & Distribution Business.
Gyaneshwaran
Vice President
Gyan is a seasoned professional with over 25 years of experience across various industries and specialises in Retail solutions. He has extensive experience in implementing retail solutions across the globe for various retailers. He was Industry Leader for Retail at IBM before he joined Qwikcilver. He has come on board focusing on building alliance with the focus accounts and achieve excellence in Service Delivery.
Board of Directors & Advisors
Dr. Ashish Gupta
Director
Dr. Ashish Gupta is a co-founder and Senior Managing Director of Helion and serves on several boards including Kirusa, MySmartPrice.com, Pubmatic and SMSGupshup. He has co-founded two successful companies - Tavant Technologies and Junglee (AMZN). He has also worked at Woodside Fund, Oracle Corporation and IBM research. Ashish is a Kauffman Fellow, holds a Ph.D. in Computer Science from Stanford University, and a Bachelor's degree from Indian Institute of Technology Kanpur.
G Padmanabhan
Strategic Advisor 
Mr. Padmanabhan has thirty six years of experience in the banking and payments sector including his term as the Executive Director of Reserve Bank of India. He has also served as the Regional Director and Head of the Department of Payment & Settlement Systems and Foreign Exchange Department. He was responsible for enabling many innovations in the Indian payment systems besides mandating measures which have contributed significantly in safety and security of transactions
Prashanth Prakash
Director
Prashanth is a partner at Accel and serves on the boards of various other investee companies. Previously, Prashanth also Founded VisualReality, a multimedia publishing company. Prashanth holds a Master’s degree in Computer Science from the University of Delaware, USA, and an Undergraduate degree in Computer Science from the Bangalore Institute of Technology, India.
Kirill Kozhevnikov
Director 
Kirill Kozhevnikov is the Managing Director and Partner of Insitel/Sistema Asia Fund Advisory. He is well versed in emerging markets with his experience and background in direct investments, M&A, and management consulting. Kirill holds a Master’s degree in Engineering and Economics from Moscow Aviation Institute (National Research University) and an MBA from The University of Chicago Booth School of Business.
Kumar Sudarsan
Co-Founder & Director
Kumar has about 22 years of IT-industry experience spanning various aspects of technology, project, product, general management and customer-relationship management.
Pratap TP
Co-Founder & Director
Pratap has over 22 years of experience in Strategic Marketing, Product Launch Initiatives, Media Campaign management and Public Relations. He has a passion for new media propositions and innovative ways of reaching out to consumers. Pratap has a Bachelors degree in Electronics & Electrical Engineering from BITS Pilani and an MBA from IIM Calcutta.
White Paper 2018