E-commerce enablement platform GoKwik has secured $13 million in a growth funding round led by existing investor RTP Global. The round also saw participation from Z47, Peak XV Partners, and Think Investments.
With this latest funding, GoKwik’s total capital raised has reached $68 million to date. The company previously raised $35 million in a Series B round in May 2022, led by Think Investments and RTP Global.
Focus on Global Expansion and AI Innovation
GoKwik plans to use the fresh capital to accelerate its international expansion and further enhance its AI-powered commerce infrastructure. The company is committed to scaling its product suite and strengthening its research and development capabilities to deliver seamless, data-driven e-commerce solutions worldwide.
Results-Driven E-commerce Solutions
Founded by Chirag Taneja, GoKwik offers an array of plug-and-play solutions that help online brands boost conversions, reduce returns, and enhance customer engagement. Its key products include:
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KwikCheckout: Provides return-to-origin (RTO) protection.
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KwikEngage: A WhatsApp commerce solution gaining popularity, particularly in the UK market.
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KwikPass: Enables one-click login for faster checkouts.
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Return Prime: A returns management platform.
GoKwik operates on a performance-linked revenue model, where the company’s earnings are directly tied to the transactions it processes or the measurable value it delivers, aligning its success with that of its partner brands.
Strategic Acquisitions and Market Reach
In September 2024, GoKwik acquired Return Prime, a leading returns management app in the Shopify ecosystem, further expanding its service offerings in the global e-commerce market.
GoKwik continues to emerge as a trusted growth enabler for D2C and e-commerce brands, providing solutions that optimize the customer journey and improve profitability.