Draft:Ikas

  • Comment: To meet the inclusion criteria, multiple references via reliable, independent sources that provide extensive coverage of Ikas are requiered. References based on press releases are not independent. JSFarman (talk) 03:42, 14 November 2024 (UTC)

ikas
IndustryE-Commerce
Founded2017
FounderÖmercan Çelikler, Mustafa Namoğlu, Tugay Karaçay, Umut Ozan Yıldırım
HeadquartersTurkey,
Number of locations
Istanbul

Ankara

Berlin
Area served
Germany
Switzerland
Turkey
United Kingdom
United States
Azerbaijan
Websitehttps://ikas.com/

Ikas is a Turkey-based e-commerce platform founded in 2017. As of the most recent data, it serves over 4,000 clients.

The company was founded in 2017 by Ömercan Çelikler, Mustafa Namoğlu, Tugay Karaçay, and Umut Ozan Yıldırım.

As an online platform developed for small and medium-sized businesses (SMBs) and entrepreneurs, ikas offers tools for the creation and management of online stores. It has been reviewed on various peer-to-peer platforms like G2 and Capterra[1]. Requiring no technical skills from its users ikas also supports sales across various channels, including online marketplaces, physical stores, and brand-specific e-commerce websites, catering to an international market.

The platform's infrastructure supports unlimited products, traffic, and web space. It includes features such as free shipping integration, advanced return management, discount campaigns, and continuous customer support. ikas also enables users to categorize and price products in bulk, and provides cart reminder notifications via SMS and WhatsApp. ikasPay, the platform's payment solution, offers expedited payment processing, and the platform supports free e-export to all countries. Additionally, ikas aids in enhancing the search engine optimization (SEO) of the websites of the users, potentially leading to increased sales and profit margins.[1]

Financially, ikas has raised a total of 48.5 million Turkish Lira through several funding rounds.[2] The first round in 2020, led by QNBEYOND Ventures, amounted to 500,000 Turkish Lira.[3] A subsequent round in 2022 included a $3,500,000 investment from entities such as 500 Global, Revo Capital, Oyak Yatırım, Finberg, and other global investors.[4] Most recently, in April 2024, ikas secured $20 million in a round led by the International Finance Corporation (IFC) and Re-Pie Asset Management.[5][6]

ikas has been recognized among the Deloitte Technology Fast 50 in 2023, indicating rapid growth. The company also reported a significant increase in its Annual Recurring Revenue (ARR), growing from $1 million to $10 million within 16 months.[7]

  1. ^ "Capterra-ikas".
  2. ^ "Dealroom.co". app.dealroom.co. Retrieved 2024-04-19.
  3. ^ "ikas, QNBEYOND Ventures'tan 45 milyon TL değerleme ile yatırım aldı". Webrazzi (in Turkish). 2020-08-20. Retrieved 2024-04-19.
  4. ^ "KOBİ'lere e-ticaret ve e-ihracat çözümleri sunan ikas, 3,5 milyon dolar yatırım aldı". Webrazzi (in Turkish). 2022-04-12. Retrieved 2024-04-19.
  5. ^ "ikas Secures $20 Million in Series A Funding Led by IFC and Re-Pie Asset Management". Yahoo Finance. 2024-04-04. Retrieved 2024-04-19.
  6. ^ Butcher, Mike (2024-04-10). "Turkish startup ikas attracts $20M for its e-commerce platform designed for small businesses". TechCrunch. Retrieved 2024-10-10.
  7. ^ "Deloitte's Annual Turkish M&A Review 2022" (PDF).