GoKwik and CRED Partners to Offer Benefits for Shark Tank India Season 3 D2C Participants
By Team Startupcity | Friday, 26 January 2024, 08:45 IST
GoKwik, the leading e-commerce enabler in India, and CRED, a high-trust community platform, have collaborated to introduce an exclusive promotion for Direct-to-Consumer (D2C) brands featured on Season 3 of Shark Tank India. D2C brands integrated with KwikCheckout, GoKwik's one-click checkout solution, will now have the opportunity to process up to Rs 25 lakhs worth of Gross Merchandise Value (GMV) on CRED Pay without incurring any processing fees. Additionally, GoKwik will waive processing charges on Cash-On-Delivery (COD) GMV of up to 12.5 lakhs for these brands. These specially crafted offers are designed to celebrate and support D2C brands, providing them with an extra boost following their appearances on Shark Tank India.
Chirag Taneja, Co-Founder and CEO of GoKwik, expressed enthusiasm about the collaboration, saying, “Last season several brands proved their metal on the Indian entrepreneurial stage as they appeared on Shark Tank and won the hearts of not just the sharks but also the nation. This year too, we are excited to see many more brands shine on this stage and showcase the power of #MakeInIndia. We are here to celebrate, support and enable D2C brands on their high-speed growth trajectory".
GoKwik boasts a network of over 1200 eCommerce brands, including Lenskart, Neemans, Man Matters, Purplle, Shoppers Stop, and more, spanning various categories such as fashion, beauty, health and nutrition, electronics, and others. CRED Pay is already live on leading GoKwik merchants like Bombay Shaving Company, The Man Company, Snitch, and others. The exclusive offer not only benefits the D2C brands but also extends rewards to CRED members who shop with participating merchants. By transacting using CRED Pay, members stand a chance to win rewards or even participate in a mega jackpot to win an iPhone 15 Pro.
Shark Tank India Season 3, which commenced on January 22, 2024, showcases a panel of 12 sharks, including notable additions like Deepinder Goyal (Co-Founder and CEO of Zomato), Ritesh Agarwal (Founder and CEO of Oyo Rooms), Radhika Gupta (MD and CEO of Edelweiss Mutual Fund), Azhar Iqubal (Co-Founder and CEO of InShorts), Varun Dua (Founder and CEO of Acko), and Ronnie Screwvala (Co-Founder and Chairperson of Upgrad). CRED remains a leading platform, acknowledging and rewarding creditworthy individuals. Its collaboration with GoKwik further underscores its dedication to offering exclusive rewards and experiences to its members.
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