Indian e-commerce enabler GoKwik has successfully raised $13 million in a growth funding round, marking a significant milestone for the New Delhi-based startup. This round, led by existing investor RTP Global, also saw participation from prominent investors like Z47, Peak XV Partners, and Think Investments. The funding comes as a testament to GoKwik's growing influence in the e-commerce enablement space.
Founded in 2020, GoKwik provides an AI-powered platform that supports over 4,000 brands, including major names like Lenskart, Neemans, Man Matters, Purplle, and Shoppers Stop. The platform offers seamless integrations across more than 50 cross-platforms such as Shopify, WooCommerce, Magento, Salesforce, and WordPress, empowering businesses to optimize their online operations.
The fresh capital infusion brings GoKwik's total equity raised to $68 million since its inception. The company plans to utilize these funds to accelerate its international expansion and further enhance its AI-driven e-commerce solutions, positioning itself as a global leader in the sector.
This funding round follows a $35 million Series B round closed three years ago, highlighting GoKwik's consistent ability to attract investment. The company aims to strengthen its technological stack to provide advanced tools for e-commerce and direct-to-consumer (D2C) brands worldwide.
GoKwik's growth trajectory reflects the booming e-commerce market in India and beyond, with increasing demand for innovative solutions that streamline online retail. The startup's focus on AI and cross-platform compatibility has made it a preferred partner for brands looking to scale efficiently.
As GoKwik sets its sights on global markets, industry experts anticipate that this funding will pave the way for strategic acquisitions and partnerships, further solidifying its position in the competitive e-commerce enablement landscape.
Alfred Lee
