Kiko Live Shark Tank India Season 3
Kiko Live
Kiko Live assists vendors in setting up their online store. Sellers have the option of having their own microsite, and the ONDC platform helps buyers find them. Having processed more than 100,000 orders for Kirana stores on the ONDC Network, Kiko Live, a top SaaS solution for neighborhood stores and a Seller Network Participant on the Open Network for Digital Commerce (ONDC), has achieved a noteworthy milestone.
Founder of Kiko Live
Alok Satyadev Chawla, Virendra Kumar, Neeta Rijwani, and Shivam Varshney launched Kiko Live.
Kiko Live Funding Round
Company Name | Kiko Live |
Shark Tank India Season | 3 |
Episode No | 47 |
Season No | 3 |
Brand | Kiko Live |
Idea | Digital platform for local shops |
Original Ask | 1 crore for 1% Equity |
Deal | No Deal |
Invested By: | ——– |
Kiko Live's idea centered around leveraging technology to empower local shops and businesses, enabling them to compete effectively in the digital marketplace. Through their platform, local shops could create customized digital storefronts, manage inventory, process orders, and engage with customers through various digital channels. By providing a seamless and user-friendly interface, Kiko Live aimed to democratize access to e-commerce capabilities and level the playing field for small and medium-sized businesses.
The Pitch:
Kiko Live entered the tank with a visionary proposition to bridge the gap between traditional brick-and-mortar shops and digital consumers. Their digital platform offered local shops the tools and technologies needed to establish an online presence, reach a broader audience, and drive sales in an increasingly digital landscape. With an original ask of 1 crore for a 1% equity stake, Kiko Live sought investment to fuel their expansion efforts and revolutionize the way local businesses engage with customers.
The Deal:
Despite the innovative nature of Kiko Live's digital platform and its potential to drive significant value for local businesses, the pitch did not result in a deal. While the Sharks recognized the importance of digitization for local shops, they may have had reservations about the scalability and differentiation of Kiko Live's offering in a competitive market. As a result, the entrepreneurs left the tank without securing investment but remained determined to continue their mission of empowering local businesses through digital solutions.
Conclusion:
While the outcome of Kiko Live's pitch on Shark Tank may not have resulted in immediate investment, the entrepreneurs remain committed to their mission of empowering local shops with digital solutions. As the digital economy continues to evolve, the need for accessible and user-friendly e-commerce platforms for local businesses will only grow. With determination, resilience, and a customer-centric approach, Kiko Live has the opportunity to make a meaningful impact on the success and sustainability of local businesses in the digital age.