Ikas, an Istanbul, Turkey-based e-commerce platform, raised $20m in Series A funding.
The round was led by World Bank’s International Finance Corporation (IFC) and Re-Pie Asset Management.
The company intends to use the funds to expand operations and its business reach internationally.
Ikas provides an e-commerce platform for SMEs and entrepreneurs to start and manage their online stores, access new markets, enhance their online sales and productivity, and adapt to the rapidly evolving business landscape, without needing any technical knowledge.
The company opened an office in Germany at the end of 2022.
FinSMEs
15/04/2024