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Economic Times
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Ecommerce enabler GoKwik raises $13 million from RTP Global, others
- GoKwik, an Ecommerce enabler, has raised $13 million in a growth round led by RTP Global, with participation from Z47, Peak XV Partners, and Think Investments.
- The funding round brings the total funding raised by GoKwik to $68 million, which will be used for international expansion and R&D for its AI-first commerce stack.
- GoKwik aims to build a unified growth operating system for global brands as Ecommerce evolves towards intelligent, interoperable products.
- The company works with over 10,000 brands, serving more than 130 million shoppers, including names like Mamaearth, Lenskart, and Shoppers Stop in various shopping categories.
- RTP Global praises GoKwik's data-led approach and market anticipation, expressing support for the company's global scaling and data-driven commerce efforts.
- GoKwik offers four products, with its suite facilitating over $2 billion in gross merchandise value for brands by addressing various Ecommerce challenges.
- KwikEngage, GoKwik's WhatsApp commerce solution, helps over 100 UK merchants drive conversational commerce and enhance customer relationships.
- By focusing on shopper touchpoints from discovery to returns, GoKwik aims to deliver lasting value and sustainable growth for merchants of all sizes.
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