ikas, a Turkish e-commerce platform targeting small businesses, has secured $20 million in a Series A funding round led by the International Finance Corporation (IFC), with participation from Re-Pie Asset Management and existing investor Revo Capital. The platform aims to simplify store management for businesses seeking a digital presence, offering storefront-like speed, customer service, and bundled payments and shipping labels. With plans for expansion into Eastern Europe and the DACH region, ikas seeks to capitalize on underserved markets, providing a user-friendly alternative to global platforms like Shopify.
Turkish Startup ikas Attracts $20M For its E-commerce Platform Designed for Small Businesses
