In Winter 2021 Cohort, organised by Y Conbinator , Zoko raised $1.4 million in seed funding
Social media is the new version of “word of mouth” and it’s what people mean when they say a post went “viral”. The startup, Zoko, founded by two schoolmates of a small town of Kerala, Arjun Paul and Aromal Sivadasan in October 2018 also went viral and created buzz in the past months.
Recently, the startup raised $1.4 million (around Rs. 10.2 crore) in venture capital from Y Combinator, Flipkart Co-founder Binny Bansal’s family office, and angel funders Ryan Hoover through Weekend Fund and 021 Capital Fund, baked by Binny Bansal and few other people. The motive behind the startup is to curtail the complexity of conducting sales, marketing and customer support on the Facebook owned messaging platform WhatsApp, for all online merchants.
Y Combinator has given wings to over 3000 startups providing an overall amount of $300 billion, since 2005. This year, it had 16000 applicants for the Winter 2021 cohort. Zoko became one of the 300 startups to be funded by Y Combinator this year.
As stated by the startup, it will invest this funding to ameliorate and enlarge the engineering services, as well as grow training content in various languages. It will enlarge their customer reach. It will aim to develop the platform integration services. It wants to expand their services at global level.
“Zoko has an ambitious vision to change the atmosphere of shopping on the WhatsApp platform for larger businesses. We have noticed an important value in the founders’ approach towards finding the correct partnerships while achieving this vision. We are extremely glad to hold Zoko’s back, and be a part of this amazing and extraordinary journey till now.” Anas Rahman Junaid, an early-stage investor and the Founder, Hurun India Rich List, shared on the investment.
Zoko sends marketing advertisements, and the user interface of various businesses through social media handles like WhatsApp and Facebook Messenger. Its centre of attraction is pace so that companies can perform and gain more in less span of time. It stated that it has multiplied its growth two times every 90 days, since the time it attained its first dollar in revenue.
They have helped over 2000 happy customers in running their WhatsApp business, which are all backed by our top-notch after sales product. The Notable companies can qualify for the Green Tick Mark stating that this is an authentic and notable nosiness account. It has partnered with official providers of WhatsApp API.
What does it Offer?
They take you to the live product at a single tick. You can get the vibes of Zoko by playing on its dashboard. You can also schedule a demo with its amiable team. You can get your own account at less than $20 and play on Zoko.
WhatsApp is not less than the internet for India. We try to make the merchants do business on this so-called internet. The next billion is not even wasting a single minute and using this platform to make and connect their target customers, check news updates, entertainment, buy and sell each and every kind of goods and service possible. He/ She is doing it by heart. If you aim to be the #nextbillion people who are going to use the internet for the very first time through WhatsApp, then you have no choice other than WhatsApp to conduct it” Arjun Paul briefed about the project, CEO, Zoko.
