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Y Combinator-backed Bikayi raises $2 Mn in seed round

Hyderabad-based and Y-combinator backed startup, Bikayi has raised $2 million in a seed funding round from a clutch of international investors including Mantis Ventures. The company would utilize fresh proceeds to hire more talent, accelerate product development, and ramp up the platform, and onboard a million new merchants.

The six-months-old Bikayi allows small businesses to quickly create their online stores and give them the right tools to manage e-commerce on WhatsApp. Having been used by Grocery stores, Wholesalers, Manufacturers & retailers from 3000+ towns across India, it claims to have been doing daily transactions of over Rs 2 crore. (Source-PR)

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