TechCrunch Startup News India’s GoKwik raised a small $13M round for a hefty leap in valuation
Jun 27, 2025
An Indian startup, GoKwik, has made waves by raising $13 million in funding, skyrocketing its valuation to $450 million. This growth round highlights their innovative e-commerce solutions, poised to revolutionize direct-to-consumer sales in India. As the market continues to expand, GoKwik stands at the forefront of transformation in the e-commerce landscape.
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Integrated Suite Drives Growth
- GoKwik's integrated suite enables merchants to combine multiple e-commerce tools seamlessly.
- This integration drives higher product adoption and annual recurring revenue growth.
Booming Indian D2C Market
- India's D2C market is expected to jump from $12B to $60B by 2027.
- This growth is fueled by increasing internet penetration and young consumer targets.
Rapid Merchant Growth Anecdote
- GoKwik grew paying merchants from around 2,500 to over 12,000 in one year.
- Its customers span India, Europe, the UK, and the USA using multiple e-commerce platforms.