Submission declined on 14 November 2024 by JSFarman (talk).
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Submission declined on 2 September 2024 by DoubleGrazing (talk). This draft's references do not show that the subject qualifies for a Wikipedia article. In summary, the draft needs multiple published sources that are: Declined by DoubleGrazing 2 months ago.
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Industry | E-Commerce |
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Founded | 2017 |
Founder | Ömercan Çelikler, Mustafa Namoğlu, Tugay Karaçay, Umut Ozan Yıldırım |
Headquarters | Turkey, |
Number of locations | Istanbul Berlin |
Area served | Germany Switzerland Turkey United Kingdom United States Azerbaijan |
Website | https://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]
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