
About KwikCommerce
KwikCommerce is a Retail company based in Noida (India) by Saharsh Mittal. It provides an e-commerce platform for retailers and service providers to sell directly to customers. It operates on a B2B model. KwikCommerce has raised $65.56 thousand across 1 funding round from investors including String Ventures. Its Indian entity Kwikzip E-Commerce Services Private Limited reported revenue of βΉ39.6 Lakh. Its focus areas include Technology, E-commerce, Platform Development and Direct Sales Enablement.
Company details
KwikCommerce operates with a B2B model, focusing on leveraging cutting-edge technology, operating online marketplaces, platform development, and direct sales enablement. Provides an e-commerce platform for retailers and service providers to sell directly to customers. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Noida, India
- Employees 1
- Founders Saharsh Mittal
- SectorsRetail
- Website kwikcommerce.io
- Legal Name Kwikzip E-Commerce Services Private Limited
- Date of Incorporation 08 Oct, 2021
- Jurisdiction Nagpur, Maharashtra, India
- Annual Revenue₹39.6 Lakh
FY 2023 · +715% YoY
- Net Loss-₹29.2 Lakh
FY 2023 · -74% margin
- EBITDA-₹29.2 Lakh
FY 2023 · -74% margin
- Total Equity Funding$65.56K (USD)
in 1 rounds
- Latest Funding Round$65.56K (USD), Seed
Mar 2022
- Investors
- Employee Count1
Associated legal entities of KwikCommerce
KwikCommerce operates through Kwikzip E-Commerce Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kwikzip E-Commerce Services Private Limited CIN U63030MH2021PTC369145 | Active | 08 Oct 2021 | Nagpur, Maharashtra | ₹0.4 Cr | 2 | View details |
Funding Insights of KwikCommerce
KwikCommerce has successfully raised a total of $65.56K through 1 strategic funding round. The most recent funding activity was a Seed round of $65.56 thousand completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $65,557
- Total Rounds 1
- Last Round Seed β $65,557
- First Round $65,557
(Mar 2022)
- Investors Count 1
All 1 funding rounds of KwikCommerce with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2022 | $65,557 | Seed | β | β |
1 investors in total: 1 institutional.
Investors in KwikCommerce
KwikCommerce has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include String Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| string.ventures |
Investor details for KwikCommerce
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Kwikzip E-Commerce Services Private Limited (KwikCommerce)
Kwikzip E-Commerce Services Private Limited is the primary company behind KwikCommerce. The board of Kwikzip E-Commerce Services Private Limited currently have 2 directors; the longest-serving is Saharsh Mittal, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Saharsh Mittal DIN 09353581 | Managing Director | 08 Oct 2021 | 5 yrs | Kwikzip E-Commerce Services Private Limited |
| Mayank Dubey DIN 09192706 | Additional Director | 23 Jan 2023 | 3 yrs 9 mo | Kwikzip E-Commerce Services Private Limited |
People of KwikCommerce
1 people are tracked at KwikCommerce (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for KwikCommerce
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of KwikCommerce
Figures of Kwikzip E-Commerce Services Private Limited, the primary company behind KwikCommerce, for FY 2023. Revenue was ₹39.6 Lakh (+715% year on year). Net loss was -₹29.2 Lakh (-74% margin). EBITDA was -₹29.2 Lakh (-74% margin).
- ₹39.6 LakhRevenue · FY 2023 · +715% YoY
- -₹29.2 LakhNet loss · -74% margin
- -₹29.2 LakhEBITDA · -74% margin
- ₹4 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Kwikzip E-Commerce Services Private Limited are on its company page.
Detailed financial statements for KwikCommerce
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Top companies in E-Commerce Enablers & Infrastructure
3 companies that operate in the same segment as KwikCommerce (E-Commerce Enablers & Infrastructure) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.37 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M |
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Frequently Asked Questions about KwikCommerce
KwikCommerce is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
KwikCommerce is a funded company, having raised a total of $65.56K across 1 funding round to date. The company's 1st funding round was a Seed of $65.56K, raised on Mar 2022.
KwikCommerce has 1 employees.
The primary company behind KwikCommerce, Kwikzip E-Commerce Services Private Limited, reported revenue of βΉ39.6 Lakh for FY 2023, up 715% year on year.
KwikCommerce operates with a B2B model, focusing on leveraging cutting-edge technology, operating online marketplaces, platform development, and direct sales enablement. Provides an e-commerce platform for retailers and service providers to sell directly to customers. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
KwikCommerce has 1 investor. Key investors include String Ventures.
KwikCommerce operates through Kwikzip E-Commerce Services Private Limited.
The legal entities of KwikCommerce currently have 2 directors, including Mayank Dubey, Saharsh Mittal.