
Kiko
India's first live-video commerce platform for an "Assisted shopping" experience powered by AI.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor investor | €0.0 | round | |
investor investor investor investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
$1.0m | Series A | ||
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Kiko Live is a digital platform designed to revolutionize the local retail industry in India. The startup aims to digitize and empower local neighborhood retailers, ranging from small grocery stores (kiranas) to pharmacies, stationery shops, and even street vendors (paan-wallahs). The platform offers an application that allows these retailers to organize and expand their home delivery business, thus catering to the growing demand for home deliveries in the current market.
The platform serves two types of clients: sellers and buyers. Sellers are local retailers who join the platform to manage their home delivery services more efficiently. They can track all their orders on a single page, which simplifies their operations. On the other hand, buyers are customers who enjoy the convenience of shopping from their favorite local stores and having their purchases delivered to their homes.
Kiko Live operates in the quick-commerce market in India, a sector that has seen rapid growth due to the rise in online shopping and home delivery services. The business model of Kiko Live is likely based on a commission or subscription fee from the sellers who use their platform to manage their home delivery services.
In terms of revenue generation, while the exact model is not explicitly stated, it can be inferred that Kiko Live may earn through a combination of commission fees from sales made through the platform, subscription fees from sellers for using their platform, and possibly advertising fees from businesses wishing to promote their products or services on the platform.
Keywords: Digital Platform, Local Retailers, Home Delivery, Quick-Commerce, Indian Market, Seller-Buyer Platform, Order Management, Online Shopping, Subscription Model, Commission-Based Revenue.