GobyoAn India starts offering a suite of intege e-commerce products, which generates a small round of $ 13 million, which has raised the amount of $ 450 million pre-money.
While the new Round Fund, led by RTP Global, 63% less than the series of $ 35 million, valued the final pre-will value of $ 315 million. Fresh funding also includes involvement from existing investors at the beginning, which is Z47, Peak XV sinners, and think about investments in $ 68 million from the 2020.
But what makes it interesting to those who are investors? Offerings to help with companies, large and small, setting up online store and enter direct-to-consumer (D2C) space.
D2C space is expected to see a significant increase in hours because many brands prepare online teenagers and the internet reaches new houses. In India, the second largest internet market in the world after China and the most populous country, the D2C market is expected to reach $ 60 billion worth of 2027, per- report (PDF) by KPMG.
Today, Gokwik has more than 12,000 payers, from 2,500 to 3,000 a year, entrepreneurs, and chect facilities, and personnel, and facilities, and facilities have also been able to do the COMMERCE by whatsapp, a Popular platform for businesses and consumers in markets such as India, European parts, and Brazil.
Gokwik counts brands like Indian Eyewear Giant Lenskart, Personal Care Brand Honasa Consumer, Cosmetics Company Lakmé, Xplosive Appo in Lonon.
Some of the products offered by Gokwik are also available through other players. For example, Baxpay and Cashfree Payment offer checkout solutions; CLEVERTAP and MAAWA offer CRM.
But Charag Taneja, co-founder and CEO, speaks to TechCrunch that the suite of Gokwik products has been inapaging that customers are likely to buy at least two of them in common. “If you use our login product, it will help you retarget better. Therefore our kwikenage product, using our Chockout cart using, if you use our Chockout cart.
It helps Gokwic to increase the annual income of 20% year-year, which will come over $ 30 million in annual income (arrival) this year, from $ 25 million last year. It helps process brands with a full gross retail amount of $ 2 billion, with 55% transactions with charge payments and 45% cash-on-deliver. In all prepaid payments, 80% through the Uniface statement of India’s statement.
With fresh funds, Gokwik seeks to expand its presence and customer base by claiming new markets, such as consumer countries, such as consumer countries, like whatsapp in areas with a great number of consumer Consumer, like consumer countries, such as consumer countries, such as whatsapp with a famous consumer base, such as whatsapp with a famous consumer base, like On WhatsApp in places with many Americans, including Brazil. Also plan to begin to conform to Ai’s presence of its products. They already offer solutions such as calling abandoned cartons. In addition, start plans to sell Indian traders to foreign customers in a global solution to world checkout.
Gokwik now has a runway of 60 to 70 months, with about $ 35 million to $ 37 million in the bank, and targets the profit within the next 18 months. It also looks to send public within the next 3 to 5 years. Meanwhile, the beginning attracts investor interests, even if Taneja proves techcrunch without it now raising a lot of funds.
Start has a headcount of nearly 400 people, based on its offices in Gurulbag and Bengaluru, with some UK-based employees
