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India's GoKwik raises $13 million to accelerate international expansion

  • GoKwik, an e-commerce enabler, has raised $13 million in a growth funding round led by RTP Global.
  • The funding round also saw participation from Z47, Peak XV Partners, and Think Investments, bringing the total raised amount to $68 million.
  • The fresh capital will be used to accelerate GoKwik's international expansion and R&D efforts across its AI-driven commerce platform.
  • Founded in 2020, GoKwik aims to redefine commerce enablement with an AI-powered platform that enhances checkout experiences and boosts conversions.
  • The startup processes millions of transactions daily, helping merchants enhance their digital commerce capabilities.
  • GoKwik offers four core products such as KwikCheckout, KwikEngage, KwikPass, and Return Prime, effectively enabling brands to process over $2 billion in GMV and achieving 100% YoY growth.
  • Chirag Taneja, Co-Founder & CEO of GoKwik, envisions building a unified growth operating system for brands globally driven by AI technology.
  • Investors like RTP Global and Z47 acknowledge GoKwik's deep data-driven approach, positioning it as a vital partner in the D2C ecosystem.
  • GoKwik's ambition is to become the default growth infrastructure for D2C and eCommerce brands by connecting every shopper touchpoint.

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