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GoKwik raises $15 Mn in Series A round

Saas startup GoKwik has raised $ 15 million in a Series A round led by Sequoia Capital India. Existing investors Matrix Partners and RTP Global also participated in the round. 

Two months ago, the Delhi-based startup had raised $5.5 million in a pre-Series A round led by Matrix Partners. The company plans to use the funds to expand its client base, launch new products and double its 75-member team size.

Founded in 2020 by Vivek Bajpai and Ankush Tiwari, the software acts as an e-comm enablement platform which covers the entire user journey from the point of placing orders till the orders get delivered by improving conversion rates and reducing RTO.

According to the company’s website the startup has over 10 million order transactions, 8 million users and 50 partner brands including Boat, Mama Earth, The Souled Store, Oziva, Noise.

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