Get All Access for $5/mo

GoPik Raises Funding From Private Investors In Singapore And India The company's aim is to boost its rural distribution through an online and offline network

By Prabhjeet Bhatla

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Unsplash

India's rural engagement network GoPik Connect Pvt. Ltd announced on Wednesday it has raised seed round funding of an undisclosed amount from private investors.

The seed round funding will support the company's growth ambitions, ability to ever expand the engagement network, and further develop the existing network at the grass-roots level.

The company aims to make all kinds of goods and services available at every nook and corner of the country by connecting people with people.

"The team and I are really excited to have the support of our investors and we look forward to scale GoPik's unique rural engagement network to other states by appointing new representatives —"GoPik Dosts' and bringing in local entrepreneurs through our "GoPik Bazaar' digital initiative," announced Sashwat Brahma, chief executive officer, and founder, GoPik Connect, in a statement.

The seed round funding was led by several private investors and senior global leaders, both from Singapore and India.

While the firm has not disclosed the names of investors, a global head of a multi-national bank said, "GoPik is truly a unique rural engagement network. We have been impressed by what the team has accomplished in a short period of time and we look forward to supporting their vision and mission. This is a good example of our focus on investing in unique and high potential initiatives."

"I immediately connected with GoPik's vision of "Rural Inclusion,' this is need of the hour," added another investor who is a seasoned SME in financial services with experience of launching financial services in unprecedented areas like e-commerce, hospitality and organized retail industries.

Prabhjeet Bhatla

Former Staff

Starting a Business

Spend Less Time Worrying About Your Company's Runway — And More Time Rethinking Your Strategy. Here's How.

Perceived short runways leave founders in angst. It does not have to be this way; the best way to extend the runway is the right strategy.

Lifestyle

Here's a quick five points to decode 10 years of Kiara Advani in Bollywood

As the actress shared an emotional post on her social media while celebrating her decade-long ride as a Bollywood star, with multiple superhit films and more than 25 brand endorsements in her kitty, we look at five interesting points to encapsulate the journey of Kiara Advani.

Social Media

Five Indian film producers are exploring business beyond cinema

Very recently, the Ahmedabad-based ice cream brand Hocco raised funds, and among many, they have two angel investors from Bollywood: Farhan Akhtar and Ritesh Sidhwani. From Karan Johar to Alia Bhatt, Rana Daggubati to Ronnie Screwvala, there are film producers who are expanding their horizons as business visionaries by investing in different sectors. Here we take a look at some of such personalities.

News and Trends

Work With AI: LinkedIn Debuts Suite of New AI Experiences

In a blog post, LinkedIn chief product officer Tomer Cohen shared how the company observed a remarkable trend of a 5x increase year-over-year in the number of learners engaging with Al courses and content on the platform

Innovation

The Key to Real Innovation Is Cross-Pollination — Here Are 10 Ways to Implement It in Your Business

Transform your business with this unique approach to sparking innovation.