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GoKwik Raises $13 Million to Fuel Global Expansion and AI-Driven Commerce Solutions

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  •   GoKwik raises $13 million to drive global expansion and boost AI-led R&D.
  •   Processes millions of daily transactions, enabling $2B+ GMV for brands.
  •   Aims to become the default growth OS for D2C and e-commerce brands worldwide.

E-commerce facilitator GoKwik has raised $13 million in a new growth round headed by current investor RTP Global, along with contributions from Z47, Peak XV Partners, and Think Investments. The latest funding takes the cumulative capital raised by the startup to $68 million.

The newly funded capital will be used to scale GoKwik's global expansion and drive research and development across its AI-first commerce stack.

Launched in 2020, GoKwik is revolutionizing the online commerce experience with an AI-driven platform that minimizes checkout friction, maximizes conversion rates, and personalizes shopper interaction at scale. The firm reports to handle millions of transactions on a daily basis, enabling merchants to realize their full potential in the online economy.

The eCommerce future is in smart and interoperable tools," added Chirag Taneja, GoKwik Co-founder and CEO. "Our mission is to create a single growth operating system for brands globally. AI isn't an add-on it's the engine in every experience we design.

GoKwik's product offering comprises KwikCheckout (RTO protection), KwikEngage, KwikPass, and Return Prime. Together, these products have enabled over $2 billion of partner brand GMV and 100% year-over-year growth for the company.

Galina Chifina, Partner & CEO of RTP Global, commended the founders: "It's been inspiring to see Chirag, Ankush, and Vivek create a mission-oriented team that really gets what brands require in an AI-first world. Their data-driven approach and foresight in understanding where the market is headed make them a must-have partner for D2C brands."

Rajat Agarwal, Managing Director at Z47, shared this view: "GoKwik came out of the specific requirements of India's eCommerce landscape. Its emergence as a world-class AI commerce enabler is a testament to having a profound vision and a strong execution engine."

Looking forward, Taneja highlighted the company's long-term vision: "Our vision is to transform GoKwik from a set of tools into the default growth infrastructure for D2C and e-commerce brands globally. By linking all shopper touchpoints from discovery to return we create compounding value and allow merchants of all sizes to scale up, sustainable growth."