PE Fund Investments
Ecommerce enablement startup GoKwik raises $35-M
Delhi-based e-commerce enablement platform GoKwik has raised USD 35 million led by Think Investments and RTP Global. It will use the funds to work on tech solutions for large marketplaces. The Series B round also saw participation from existing investors Sequoia Capital India and Matrix Partners India. The company will use the funds to hire new talent extensively across the tech, product, and data science teams. The new funding follows GoKwik's $15 million Series A round in November last year, bringing total funding in the last 12 months to more than $55 million.
From the Venture Intelligence PE-VC Deal Database: Between Mar-21 and Sep-21, GoKwik had raised more than INR 150 crore from Pivot Ventures, RTP Global, Matrix Partners India, Sequoia Capital India and Sparrow Capital. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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