AbsolutKarta is a SAAS-IT platform that focuses on a universal loyalty program, operating on the online and offline marketplace. The company connects offline retailers through a subscription to its loyalty program, allowing customers to rate their business card in the app for cashback. This innovative approach not only benefits the customers but also rewards them with cashback and shares in WOW-cashback from other businesses. As more businesses join the platform, it transitions into a marketplace for a wide range of offline purchases, including goods and services.
The technology introduced by AbsolutKarta effectively merges disparate loyalty programs into a single, comprehensive marketplace, catering to the extensive offline purchasing market. The company's platform offers a unique proposition by fusing the advantages of offline businesses with online retailers, providing a large-scale marketplace that engages and involves offline buyers in the business itself.
Established in 2021, AbsolutKarta operates within the B2B, E-Commerce, IT, Marketplaces, Retail, SaaS, and Marketing industries. The latest milestone for the company was the Seed Round investment received on 25th August 2023.
Notably, the specific details regarding the investors or the location of the investment were not disclosed at this time.