E-commerce enabler GoKwik raises $13 Mn led by RTP Global

E-commerce enablement company GoKwik has raised $13 million in a growth round led by existing investor RTP Global. The round also saw participation from Z47, Peak XV Partners, and Think Investments. 

With this, GoKwik’s total capital raised to $68 million to date. In May 2022, the startup had raised $35 million in a Series B round led by Think Investments and RTP Global. 

The proceeds will be used to support GoKwik’s international expansion and strengthen R&D across its AI-powered commerce infrastructure. 

The Chirag Taneja-led company helps online brands increase conversions, reduce returns, and improve customer engagement. It offers plug-and-play products like KwikCheckout (with return-to-origin protection), KwikEngage (for WhatsApp commerce), KwikPass (one-click login), and Return Prime (for returns management). 

GoKwik works on a performance-linked model, earning revenue based on the transactions it powers or value it adds, making it a results-driven partner for D2C and e-commerce brands. According to the company, the firm’s WhatsApp commerce tool, KwikEngage, is also gaining traction internationally, especially in the UK.

In September 2024, GoKwik acquired Return Prime, a global returns management app in the Shopify ecosystem.