“Small Business Savior: Turkish Startup ikas Raises $20M for Revolutionary E-Commerce Solution”
It’s easy to assume the e-commerce ship has sailed when you consider we have giant platforms like Shopify, Woocommerce, and Wix dominating the sector.
E-commerce platform, ikas, has raised $20 million in a Series A funding round as it seeks to expand its operations into new markets in Europe.
The company currently operates in Turkey and Germany, and says its platform simplifies store management for companies that want to have a digital presence.
Also investing in ikas is Re-Pie Asset Management, which has grocery delivery startup Getir in its portfolio as well.
The round saw participation from ikas’ existing investor Revo Capital, best known as the first institutional investor in Getir, Param, Midas and Roamless.
