VIVEK TANEJA
Ecommerce enabler GoKwik raises $13 million from RTP Global, others
GoKwik has raised $13 million in a growth round led by RTP Global, taking its total funding to $68 million. The ecommerce enabler will use the funds for global expansion and AI-driven R&D. GoKwik houses over 10,000 brands in its network, and caters to over 130 million shoppers.
Industry conclave: MP govt attracts Rs 8k cr investment; Adani Group to invest Rs 3,500 cr
Addressing the conclave, Madhya Pradesh Chief Minister Mohan Yadav outlined the government's vision and initiatives to promote investment, innovation, and sustainable development in the state. He said, "Under the leadership of Prime Minister Narendra Modi, India is the fifth largest economy in the world. At the same time, we are moving towards becoming the third largest economy in the world".
26-year-old Indian student Rupesh Chandra Chintakindi missing in Chicago since May 2
A 26-year-old Indian student has been reported missing in Chicago since May 2, India's mission in the US city said on Thursday, the latest case in the country as the community grapples with a string of such incidents involving students. Rupesh Chandra Chintakindi has been missing from the 4300 block of N. Sheridan Rd, the Chicago Police said in a statement.
America will always want to have a partnership with PM Modi: Jaishankar
Interacting with the students in Pune at the launch event of the Marathi translation of his book: 'Why Bharat Matters' today, Jaishankar spoke at length on India-US ties, and said, "Whosoever will be the President of America will have good relations with India, because America will always want to have a partnership with PM Modi."
Diaspora body urges US govt, universities and student organisations to work towards addressing the spike in deaths of Indian-origin students
The causes of these incidents range from suspicious shootings or kidnappings to environmental deaths from ignorance of safety precautions (such as hypothermia or carbon monoxide poisoning), mental health problems leading to suicides, and even suspicious accidents leading to violent crimes, according to an analysis of the Foundation for India and Indian Diaspora Studies (FIIDS).
Indian student dies in US state of Ohio: Indian consulate in New York
Indian student's death in Ohio spurs investigation. Consulate aids family. Part of rising Indian student deaths in the US, including Amarnath Ghosh, Sameer Kamath, Vivek Taneja. Concerns prompt Embassy's virtual interaction with students across the US.
"Initial investigations rule out foul play": Consulate in New York after Indian student dies in Boston
Following the death of an Indian student, Abhijeeth Paruchuru, in Boston, the Consulate General of India in New York has said that the initial probe has ruled out any kind of foul play in the case.
Indian student dies in US, initial probe rules out foul play
In yet another tragic incident, an Indian student died in Boston and initial investigation has ruled out any foul play, officials said on Monday. "Deeply saddened to learn about the unfortunate demise of Mr. Abhijeeth Paruchuru, an Indian student in Boston," the Consulate General of India in New York said in a post on X.
"No excuse for violence...": US on attacks against Indian students
White House denounces violence against Indian students in the US. Biden administration collaborates with authorities. Recent incidents in Washington and Chicago. Increase in violence and fatalities involving Indian-Americans. Investigations ongoing for safety, security, and inclusive environment.
Indian-origin executive dies after being assaulted in US
Indian-origin executive Vivek Taneja dies in Washington after being assaulted. The incident is being investigated as a homicide. The suspect, captured on surveillance camera, is still at large. In unrelated incidents, several Indian students were attacked in the US this year.
Corporate tax rebates can help lengthen runway for startups amid funding setbacks: Gokwik
According to a report by Tracxn, Indian startups have raised a total of $24.7 billion in 2022, 35% lower compared to the same period in the previous year ($37.2 billion).
E-commerce enabler GoKwik to double employee strength amid funding winter and layoffs
The company claimed roping top talent will now be relatively easier as large companies pause their hiring in the tech space.
Cash on delivery about $30 billion of India's ecommerce market, says Gokwik
As ecommerce penetration in India grows into double digits on the back of increased access and affordability in tier 3 and beyond cities, it expects both COD and RTO percentage to increase in line with the market growth.
Black Friday outpaced Diwali and Dusherra sales for D2C brands - GoKwik
Black Friday is one of the busiest shopping days of the year in the United States and falls on the Friday right after Thanksgiving, which traditionally marks the start of the Christmas celebrations. Retailers offer massive discounts on products. While the concept is relatively new, the advent of online shopping in India and the rise in consumerism helped Black Friday become popular among young and discount-loving Indians.
Three-fourths of pre-festive D2C sales came from Tier 2,3 cities: GoKwik
The D2C brands on the network also posted a 29.4% growth in gross merchandise value (GMV) in this period compared to the previous quarter despite concerns over macroeconomic slowdown and rising inflation. The surge in sales came at a time even as major marketplaces such as Amazon and Flipkart had launched their mega sale events prior to Dussehra.
GoKwik says it has processed orders worth $1 bn, reduced returns for D2C brands
Returns are a major pain point for e-commerce and online merchants. According to industry-wide data, about 20% of orders are returned.
E-commerce enabler GoKwik appoints Amitt Sharma as chief customer officer
With 12 years of experience in customer success and delivery, Sharma joins the company from MoEngage, where he led customer success and implementation in addition to fine-tuning the overall expansion strategy for South East Asia and ANZ during his stint.
GoKwik raises $15 million Series A from Sequoia, Matrix
GoKwik plans to use the funds to expand its client base to social commerce startups, scale up the product and technology teams and launch new products. It also plans to double its 75-people team.
GoKwik gets $5.5 million funding from Matrix India, others for overseas expansion
Founded in 2020 by Chirag Taneja, Vivek Bajpai and Ankush Talwar, GoKwik is an ecommerce enablement platform that uses artificial intelligence and machine learning to solve problems for etailers and D2C brands.
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