D2C
Bessemer Venture Partners Forecasts $1 Trillion Digital Opportunity in India, Touting Quick Commerce and D2C as Key Drivers
Bessemer Venture Partners predicts India's digital economy will hit $1 trillion, fueled by a "tailwind trifecta" of internet penetration, youth, and supportive policies. Quick commerce and D2C brands are key drivers, alongside a content revolution. This immense growth is expected to create five times more value than the last decade, solidifying India as a global digital powerhouse.
GoKwik Secures $13 Million to Propel AI-First Ecommerce and Global Ambitions
GoKwik, an AI-first e-commerce enabler, has secured $13 million in growth funding led by RTP Global, bringing total funding to $68 million. The capital will fuel international expansion and AI R&D for its commerce stack, which helps over 10,000 brands tackle cart abandonment and RTO. GoKwik's solutions aim to optimize the entire e-commerce journey for brands globally.