Twyst.in company logo
Reducing Inefficiencies in Food Delivery11-50 Employees
  • Early Stage
    Startup in initial stages
Website
Location
Company size
11-50 people
Total raised
$100K
Company type
Startup
Markets
Retail TechnologyBridging Online and OfflineFood Tech
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Twyst.in careers

Reducing Inefficiencies in Food Delivery
The Twyst App lets you order food from your favourite restaurants & bakeries and earn an attractive Cashback on every order! You can use the Cashback earned to Top up your mobile phone balance and get vouchers for shopping on all the most popular online shopping sites such as Flipkart, eBay and Amazon. Of course you can also use the Cashback to save on your food orders.

Consumers love Cashback, and we use this mechanism to encourage them to display behaviours that help us improve the overall efficiency of the Food Ordering & Delivery. A big challenge in this space is that all consumption is concentrated within a few hours in the day. By changing the rate at which cashback is earned, we encourage our users to:
- Let us know in advance that they want to order
- Increase order volumes (e.g. aggregate demand across multiple users)
- Pay Online (vs. Cash on Delivery)

Merchants can also leverage the Cashback mechanism to:
- Acquire New Customers
- Drive Frequency
- Increase Order Size etc.
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Abhimanyu Lal
Avatar for Abhimanyu Lal
Founded Twyst.in, Invested in Quandl, Worked at eBay India, TSMG, Andersen. Studied @ NSIT, IIM-A
Rahul Chakraborti
Avatar for Rahul Chakraborti
Founder @Twyst.in • Worked at @Yahoo, @STAR TV (News Corp) • Studied at @Indian Institute of Management - Bangalore
Valuation

$1M

Funded over

1 round

Latest round

Aug 2015

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