Private Equity VC Fund Investments
E-commerce enablement startup GoKwik raises $15-M from Sequoia India, Matrix, others
New Delhi-based ecommerce enablement startup GoKwik has raised INR 112 crore (USD 15 million) in a Series A funding round led by Sequoia Capital India, with participation from Matrix Partners India and RTP Global. It will use the funds to double the size of the product and tech teams, hire talent and subject matter experts, develop innovative products to increase conversion rates, and make the existing offerings more robust.
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: In Mar-21, GoKwik raised $5.6 M from RTP Global, Matrix Partners India, and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)