News Summary

GoKwik, an Indian startup specializing in integrated e-commerce solutions, has raised $13 million in a growth funding round led by RTP Global. Despite being smaller than its previous Series B round, this investment has significantly increased GoKwik’s pre-money valuation to $450 million. The company, founded in 2020, has now raised a total of $68 million. GoKwik’s platform supports over 12,000 merchants worldwide, offering tools for online store setup, checkout, payments, and more. The startup plans to expand its market presence, particularly in regions with a strong WhatsApp user base, and aims to enhance its AI capabilities in product offerings. GoKwik is targeting profitability within 18 months and considering a public offering in the next 3-5 years.