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Bikayi raises USD 2 million in seed funding round
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Hyderabad: Hyderabad-based and Y-combinator backed startup, Bikayi has raised $2 million in a seed funding round from a clutch of international investors including Mantis Ventures.
The company would utilize fresh proceeds to hire more talent, accelerate product development, and ramp up the platform, and onboard a million new merchants.
The six-months-old Bikayi allows small businesses to quickly create their online stores and give them the right tools to manage e-commerce on WhatsApp.
Having been used by Grocery stores, Wholesalers, Manufacturers & retailers from 3000+ towns across India, it claims to have been doing daily transactions of over Rs 2 crore.