Including this round of funding, the venture has raised USD 2.1 million in all so far, and is looking to raise USD 5 million in Series A financing.
The venture currently caters to about 1,000 restaurants and small merchants. QuikWallet started off as a payments and loyalty app for restaurants and has evolved into a platform that serves diverse merchant categories – from small neighborhood stores, florists, education institutions to car service centres.
The platform provides merchants with options to help collect payments both offline as well as online.
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