Home Forums Business Growth India’s GoKwik raised a small $13M round for a hefty leap in valuation

India’s GoKwik raised a small $13M round for a hefty leap in valuation

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GoKwik, an Indian startup that offers a suite of integrated e-commerce products, has raised a small round of $13 million, which it calls a “growth” round, that has boosted its valuation to $450 million pre-money.

While the new funding round, led by RTP Global, is 63% smaller than its Series B of $35 million, announced in May 2022, it has valued the New Delhi-based startup 43% more than its last pre-money valuation of $315 million. The fresh funding also included participation from the startup’s existing investors, namely Z47, Peak XV Partners, and Think Investments, bringing its total fundraising to $68 million since its inception in 2020.

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