Latest news with #RTPGlobal
Entrepreneur
6 days ago
- Business
- Entrepreneur
Kluisz.ai and Grexa AI Raise Early-Stage Funding for Growth
The below brands have announced their latest funding rounds. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. RTP Global Leads USD 9.6 Mn Funding Round In AI Cloud Startup a deep tech startup focused on AI-driven cloud solutions, has raised USD 9.6 million in seed funding led by RTP Global. The investment round also saw participation from Unicorn India Ventures, Blume Founders Fund, Climber Capital, and notable angel investors including Ritesh Agarwal, Dr Ritesh Malik, and Aditya Virwani. The Bengaluru-based company will use the funds to scale its engineering team, enhance product development, and support early customer deployments. Founded earlier this year by Abhinav Sinha, Vamshidhar Reddy, and Abhijeet Singh, is building an AI-native private cloud platform tailored for enterprise use. The platform is designed to handle AI workloads across hybrid, on-premise, edge, and sovereign cloud environments. It integrates security, observability, and automation from the ground up. "Our goal is to redefine private cloud infrastructure to meet the demands of the AI age. From silicon to software, the stack is built for performance, policy compliance, and security, without the need for manual effort," said Abhinav Sinha, Co-founder and CEO of Madhur Makkar, Principal at RTP Global, added, "Abhinav, Vamshi and Abhijeet bring world-class experience and vision to this space. This is a team with deep technical experience and the product and market instinct to reimagine the private cloud in the AI era." Bhaskar Majumdar of Unicorn India Ventures highlighted that Indian deep tech startups are pushing boundaries and AI-powered cloud management platform offers enterprises a secure, high-performance system that could significantly impact global markets. empowers developers to set performance and compliance goals, while the platform automates deployment and execution across different cloud infrastructures. Grexa AI Bags INR 15.5 Cr Funding Led by Utsav Somani Grexa AI, a marketing technology startup, has raised INR 15.5 crore in a seed funding round led by Utsav Somani. The round also saw participation from Bharat Founders Fund, DeVC, Vernalis Capital, and several angel investors including Revant Bhate, Vaibhav Domkundwar, Ramakant Sharma, and Sumit Gupta. The newly secured funds will be used to accelerate product innovation and support go-to-market efforts. Grexa AI plans to continue developing its autonomous platform, which uses artificial intelligence to drive marketing performance based on real-time business data. Co-founded in 2024 by Ashutosh Kumar, Ayush Varshney, Arpit Oswal, and Narendra Agrawal, Grexa AI aims to simplify marketing for India's small business sector. The founding team previously built Testbook, an edtech platform with millions of users. The Thane-based startup offers an all-in-one platform that automates digital marketing for small businesses such as salons, clinics, gyms, cafés, travel agencies, and coaching centres. The platform handles social media, local SEO, advertisements, and website management without requiring technical expertise. Ashutosh Kumar, Co-founder and CEO, said that Grexa was built to serve the majority of Indian businesses that lack access to structured marketing. He added that traditional options like agencies or freelancers are often costly or ineffective for small enterprises. Currently, over 21,600 businesses have adopted the service since its beta launch. Grexa AI aims to empower one million small businesses over the next two years.
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Business Standard
15-07-2025
- Business
- Business Standard
Trupeer raises $3 mn to automate video production for software teams
Trupeer, a startup that uses artificial intelligence to turn raw screen recordings into polished product videos, has raised $3 million in seed funding to tackle what it sees as a widespread pain point for software teams. The round was led by RTP Global, with participation from Salesforce Ventures and more than 20 chief information officers and chief technology officers from Fortune 500 companies acting as angel investors. Salesforce Ventures joined after Trupeer won the company's AI Pitchfield competition. 'We built Trupeer so anyone can turn a simple recording into a polished video that's clear, searchable, and ready to scale, without needing any professional video skills,' said Shivali Goyal, chief executive officer and co-founder of Trupeer. Trupeer was founded by Shivali Goyal and Pritish Gupta, who identified a recurring challenge across teams: product knowledge was hard to share, and even harder to scale. They experienced this firsthand—Goyal while driving digital transformation projects at BCG, and Gupta while leading large teams at fast-growing startups. That insight led to hundreds of conversations with SaaS founders, IT leaders, and customer teams, all looking for a faster, more flexible way to create high-quality product marketing and training content. The platform can produce what the company calls 'clean, professional video in seconds' from a single raw recording. It also offers translation capabilities across more than 50 languages, targeting global software companies needing to create content for diverse markets. 'Trupeer is reimagining content creation by turning what was once complex, costly, and manual into a fast, automated, and scalable process,' said Madhur Makkar, principal, RTP Global. With Trupeer, teams can drop in a rough recording of a demo, process walkthrough, or internal how-to, and the platform handles the rest. Its multi-modal AI pipeline removes filler words, generates studio-quality voiceovers, adds intelligent zooms and subtitles, tracks cursor actions, and inserts a humanlike AI avatar for engaging delivery. Alongside the video, Trupeer automatically generates step-by-step documentation with screenshots and summaries, giving users everything they need to explain a product clearly, instantly, and at scale. Unlike traditional video editors or generic screen recorders, Trupeer is built for the speed and complexity of modern businesses. Its AI personalisation layer creates multiple versions of a single video, tailored by audience, language, or brand style, and allows teams to share them instantly via public links or embedded formats. Trupeer is already being used by over 10,000 teams globally, from fast-growing startups to Fortune 500 companies. This helps teams go live with customers faster, reduce support tickets, and cut training time across departments. Looking ahead, Trupeer plans to expand beyond screen recordings to generate video from documents, personalise content at scale, and integrate natively with tools where teams already work. In the long term, the vision is to build a system that acts as a common brain for organisations—allowing anyone to create, share, and access every piece of information, workflow, and process in the workspace.
Yahoo
24-06-2025
- Business
- Yahoo
India's GoKwik raised a small $13M round for a hefty leap in valuation
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. But what has made GoKwik so attractive to investors? Its offerings help companies, big and small, set up shop online and enter the direct-to-consumer (D2C) space. The D2C space is expected to see a significant increase over time as more brands poised to come online target young consumers and the internet reaches new homes. In India, the world's second-largest internet market after China and the most populous country, the D2C market is expected to reach $60 billion in value by 2027, up from $12 billion in 2022, per a report (PDF) by KPMG. Currently, GoKwik has more than 12,000 paying merchants, up from 2,500–3,000 a year ago, spread over India, Europe, the UK, and U.S. These merchants use its SaaS products that allow them to set up their online stores powered by Shopify, Magento, Salesforce, and WooCommerce and enable checkout, online payments, and facilities to offer returns and cash-on-delivery options. It also helps brands to do commerce via WhatsApp, a popular platform for businesses and consumers in markets like India, parts of Europe, and Brazil. GoKwik counts brands like Indian eyewear giant Lenskart, personal care brand Honasa Consumer, cosmetics company Lakmé, London's Pepe Jeans, and Licester's Xplosive Ape as customers. Some of the products that GoKwik offers are also available through other players. For instance, Razorpay and Cashfree Payments offer checkout solutions; Clevertap and MoEngage offer CRM. But Chirag Taneja, co‑founder and CEO, told TechCrunch that GoKwik's suite of products is integrated so customers tend to buy at least two of them on average. 'If you use our login product, it helps you do retargeting better. Hence, our KwikEngage product emerges there, which is a WhatsApp commerce piece. Similarly, if you use our checkout product, the abandoned cart, for abandoned carts, you end up using our KwikEngage piece,' he said. This has helped GoKwik increase its annualized revenue by 20% year-over-year, reaching over $30 million in annual recurring revenue (ARR) this year, up from $25 million last year. It has helped brands process a cumulative gross merchandise value of $2 billion, with 55% of transactions involving prepaid payments and 45% cash-on-delivery. Of all the prepaid payments, 80% are via the Indian government's Unified Payments Interface. With the fresh funding, GoKwik aims to expand its presence and customer base by entering new markets and deepening its presence in areas where WhatsApp has a large consumer base, such as Germany, France, and Latin American countries including Brazil. The startup also plans to bolster AI's presence on its products. It already offers solutions such as AI calling for abandoned carts. Furthermore, the startup plans to enable Indian merchants to sell their products to foreign customers with a global checkout solution that would integrate Stripe and other international payment processing services. GoKwik currently has a runway of 60-70 months, with close to $35–$37 million in the bank, and is targeting profitability within the next 18 months. It also looks to go public within the next 3–5 years. Meanwhile, the startup is attracting investor interest, although Taneja confirmed to TechCrunch that it is not currently raising more funds. The startup has a headcount of around 400 people, primarily based in its offices in Gurugram and Bengaluru, with a handful of employees also based in the UK. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
TechCrunch
24-06-2025
- Business
- TechCrunch
India's GoKwik raised a small $13M round for a hefty leap in valuation
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. But what has made GoKwik so attractive to investors? Its offerings help companies, big and small, set up shop online and enter the direct-to-consumer (D2C) space. Image Credits:Jagmeet Singh / TechCrunch The D2C space is expected to see a significant increase over time as more brands poised to come online target young consumers and the internet reaches new homes. In India, the world's second-largest internet market after China and the most populous country, the D2C market is expected to reach $60 billion in value by 2027, up from $12 billion in 2022, per a report (PDF) by KPMG. Currently, GoKwik has more than 12,000 paying merchants, up from 2,500–3,000 a year ago, spread over India, Europe, the UK, and U.S. These merchants use its SaaS products that allow them to set up their online stores powered by Shopify, Magento, Salesforce, and WooCommerce and enable checkout, online payments, and facilities to offer returns and cash-on-delivery options. It also helps brands to do commerce via WhatsApp, a popular platform for businesses and consumers in markets like India, parts of Europe, and Brazil. GoKwik counts brands like Indian eyewear giant Lenskart, personal care brand Honasa Consumer, cosmetics company Lakmé, London's Pepe Jeans, and Licester's Xplosive Ape as customers. Some of the products that GoKwik offers are also available through other players. For instance, Razorpay and Cashfree Payments offer checkout solutions; Clevertap and MoEngage offer CRM. Techcrunch event Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Boston, MA | REGISTER NOW But Chirag Taneja, co‑founder and CEO, told TechCrunch that GoKwik's suite of products is integrated so customers tend to buy at least two of them on average. 'If you use our login product, it helps you do retargeting better. Hence, our KwikEngage product emerges there, which is a WhatsApp commerce piece. Similarly, if you use our checkout product, the abandoned cart, for abandoned carts, you end up using our KwikEngage piece,' he said. This has helped GoKwik increase its annualized revenue by 20% year-over-year, reaching over $30 million in annual recurring revenue (ARR) this year, up from $25 million last year. It has helped brands process a cumulative gross merchandise value of $2 billion, with 55% of transactions involving prepaid payments and 45% cash-on-delivery. Of all the prepaid payments, 80% are via the Indian government's Unified Payments Interface. GoKwik co-founder and CEO Chirag Taneja Image Credits:GoKwik With the fresh funding, GoKwik aims to expand its presence and customer base by entering new markets and deepening its presence in areas where WhatsApp has a large consumer base, such as Germany, France, and Latin American countries including Brazil. The startup also plans to bolster AI's presence on its products. It already offers solutions such as AI calling for abandoned carts. Furthermore, the startup plans to enable Indian merchants to sell their products to foreign customers with a global checkout solution that would integrate Stripe and other international payment processing services. GoKwik currently has a runway of 60-70 months, with close to $35–$37 million in the bank, and is targeting profitability within the next 18 months. It also looks to go public within the next 3–5 years. Meanwhile, the startup is attracting investor interest, although Taneja confirmed to TechCrunch that it is not currently raising more funds. The startup has a headcount of around 400 people, primarily based in its offices in Gurugram and Bengaluru, with a handful of employees also based in the UK.
Entrepreneur
24-06-2025
- Business
- Entrepreneur
E-Commerce Enabler GoKwik Secures USD 13 Mn Funding Led by RTP Global
The latest infusion takes the total equity raised by the startup to USD 68 million since its inception in 2020. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. E-Commerce enabler GoKwik has raised USD 13 million in a growth funding round led by RTP Global, with participation from existing backers Z47, Peak XV Partners, and Think Investments. The latest infusion takes the total equity raised by the startup to USD 68 million since its inception in 2020. The fresh capital will be deployed to accelerate GoKwik's international expansion and fast-track research and development across its AI-first commerce stack. As global eCommerce pivots toward hyper-personalised, data-driven experiences, GoKwik aims to build a unified growth operating system that supports seamless, intelligent commerce across geographies. "As the next era of eCommerce is defined by intelligent, interoperable products, our mission is to build a unified growth operating system for brands worldwide," said Chirag Taneja, Co-founder and CEO of GoKwik. "AI is not an add-on for us—it is the operating system that powers every experience we create." Founded in 2020 by Chirag Taneja, Vivek Bajpai, and Ankush Talwar, GoKwik offers AI-powered solutions for Direct-to-Consumer (D2C) and eCommerce brands, helping improve checkout conversions, reduce return-to-origin (RTO) rates, and boost COD success. Its core product suite includes KwikCheckout, KwikEngage, KwikPass, and Return Prime, which address friction across the customer journey—from cart abandonment to returns management. "It's been a privilege to witness GoKwik's journey," said Galina Chifina, Partner and CEO at RTP Global. "Their data-led approach and ability to anticipate market shifts have made them a vital partner for the D2C ecosystem." GoKwik's platform is already trusted by top Indian and global brands like Mamaearth, Man Matters, Libas, Plix, and Shoppers Stop, processing millions of transactions daily and enabling merchants to handle over USD 2 billion in gross merchandise value (GMV). The company continues to post 100% year-on-year growth. With international traction growing, particularly in the UK through its WhatsApp commerce tool KwikEngage, GoKwik is poised to redefine the infrastructure for eCommerce success. "We're proud to deepen our partnership with the GoKwik team as they push the boundaries of AI-powered commerce," added Rajat Agarwal, Managing Director at Z47.
