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


GoKwik, an Indian startup that offers a suite of integrated e-commerce products, has raised a small round of $13 million, which it calls a "growth" round,

The fresh funding also included participation from the startup’s existing investors, namely Z47, Peak XV Partners, and Think Investments, bringing its total fundraising to $68 million since its inception in 2020. Image Credits: Jagmeet Singh / TechCrunchThe D2C space is expected to see a significant increase over time as more brands poised to come online target young consumers and the internet reaches new homes. Furthermore, the startup plans to enable Indian merchants to sell their products to foreign customers with a global checkout solution that would integrate Stripe and other international payment processing services.

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