India’s GoKwik raised a small $13M round for a hefty leap in valuation

GokwikAn Indian start that offers a set of integrated e-commerce products increased $ 13 million worth a “growth” value, which increases up to $ 450 million.

The new financial round led by RTP Global is 63%, which is $ 35 million in May 2022, the new Delhi-based start of $ 315 million worth of $ 315 million. Fresh financing, from the existing investors of the beginning, ie Z47, Peak XV participates and calculates to $ 68 million in 2020.

So what did Gokwik do so attractive for investors? His proposals help companies, large and small, online store and enter the consumer (D2C).

The D2C space is expected to increase more brands and internet to new homes for online targeting young consumers. India is expected to reach $ 60 billion worth $ 60 billion in the world’s second largest Internet market and the country’s largest Internet market, the D2C market in $ 60 billion report (PDF) KPMG.

Currently, Gokwik uses saas products that allow you to offer online payments, online payments and delivery suggestions, online stores, which allow you to build online stores that support online stores that support online stores in online stores, India, Europe, UK and USA online stores. It also helps to trade via WhatsApp, which is a popular platform for enterprises in markets in markets, Europe and Brazil in markets in Europe and Brazil.

Gokwik, Indian eyewear giant lenskart, personal care brand Hona consumer, cosmetics company Lakmé, London’s Pepe Jeans and customers such as LIMester Xplosive fruits.

Some products that offer gokwik are also available through other players. For example, Razorpay and CashFree pays check solutions; ClevTrap and Moeggage offer CRM.

However, the co-founder and CEO, co-founder and CEO Techcrunch said that the product sets of Gokwik have been integrated into which customers tend to buy at least two more two times. “If you use our input product, it helps to make a better way. Thus, if you use your abandoned chariot, which is your abandoned chariot, which is our kwikengage product, you use your abandoned cart, you use our kwikengage piece.”

This has reached $ 25 million in terms of $ 30 million compared to an annual year compared to the annual compared to the annual annual comparison of Gokwik annually. This helped the brands to process the total cost of total goods with 55% of the transactions of $ 2 billion, pre-paid payments and up to 45% delivery. 80% of all pre-paid payments are through the single payment interface of the Indian government.

With fresh funding, Gokwik aims to enter new markets and expand the availability and expanding the existence of the existence of a large consumer base, including WhatsApp, Germany, France and Latin America. The beginning plans to increase the existence of the EU in its products. Offers Solutions like AI for now abandoned carts. In addition, the startup allows Indian merchants to sell products to foreign customers with a global inspection solution that will combine strip and other international payment processing services.

Gokwik currently has a 60-70-month-old runway, aims to $ 37 million in the bank and aims to profit from $ 37 million and in the next 18 months. Looking at the public for the next 3-5 years. Meanwhile, the starting investor attracts interest, although Teaneja was confirmed that TechCrunch has not raised more funds.

In the beginning, in the beginning, there are several employees and 400 people in Bengaluru, which are a handful of workers in the UK and 400 people.