Ecommerce enablement firm GoKwik has raised Series A funding of Rs 112 crore ($15 million) led by Sequoia Capital India. The round also saw participation from existing investors Matrix Partners India and RTP Global.
The new investment will be primarily used for doubling the size of the product and tech teams and hiring best-in-class talent and subject matter experts, to enable the development of innovative products to increase conversion rates across the funnel as well as make the existing offerings more robust.
