Kosmc AI Raises $200,000 to Power Social Commerce Tools
The social commerce landscape has witnessed a significant transformation in recent years, with the rise of e-commerce platforms on popular messaging apps like Instagram, WhatsApp, and Telegram. In a bid to capitalize on this trend, Delhi-based startup Kosmc AI has secured $200,000 in pre-seed funding to expand its no-code tools for creators and brands on these platforms. Founded in 2024, Kosmc AI has quickly gained traction, with over 160,000 users across 25 countries.
The startup’s platform enables users to create storefronts, automate chats, process smart checkouts, and manage affiliate programs, making it an attractive solution for entrepreneurs and small businesses looking to monetize their social media presence. With this latest funding round, Kosmc AI plans to scale its operations across Southeast Asia and enhance its AI-driven monetization features.
The Rise of Social Commerce
Social commerce refers to the integration of e-commerce capabilities within social media platforms. This trend has gained significant momentum in recent years, driven by the increasing adoption of mobile devices and the growing influence of social media on consumer behavior. With over 4.2 billion active social media users worldwide, the potential for social commerce is vast.
Instagram, in particular, has emerged as a leading platform for social commerce, with over 1 billion active users. The platform’s shopping feature, introduced in 2016, allows users to purchase products directly from brands and creators. WhatsApp and Telegram, with their massive user bases, have also become attractive platforms for social commerce.
Kosmc AI’s Solution
Kosmc AI’s platform is designed to help creators and brands harness the power of social commerce on these platforms. The startup’s no-code tools enable users to create and manage their own storefronts, automate chat conversations with customers, process smart checkouts, and manage affiliate programs.
The platform’s AI-driven features include chatbot automation, which enables users to respond to customer inquiries and provide personalized support. Kosmc AI’s smart checkout feature allows users to process transactions seamlessly, without requiring users to leave the app. The affiliate program feature enables users to partner with other creators and brands, increasing their reach and revenue.
Impact of Funding
The $200,000 pre-seed funding will enable Kosmc AI to scale its operations across Southeast Asia, expand its team, and enhance its AI-driven monetization features. The funding will also allow the startup to strengthen its presence on Instagram, WhatsApp, and Telegram, and develop new features that cater to the evolving needs of its users.
“We are thrilled to secure this funding, which will enable us to accelerate our growth and expand our reach across Southeast Asia,” said [Name], Founder and CEO of Kosmc AI. “Our platform is designed to empower creators and brands to monetize their social media presence, and we believe that this funding will help us achieve our mission.”
Competitive Landscape
Kosmc AI operates in a crowded competitive landscape, with several other startups and established players offering similar solutions. However, the startup’s focus on no-code tools and AI-driven features sets it apart from its competitors.
“We believe that our no-code platform and AI-driven features will give us a significant edge in the market,” said [Name], Founder and CEO of Kosmc AI. “Our platform is designed to be easy to use, even for those without extensive technical expertise, and our AI-driven features will enable our users to monetize their social media presence more effectively.”
Conclusion
Kosmc AI’s $200,000 pre-seed funding is a significant milestone in the startup’s journey, and it is expected to have a significant impact on the social commerce landscape. With its no-code platform and AI-driven features, Kosmc AI is well-positioned to capitalize on the growing trend of social commerce and empower creators and brands to monetize their social media presence.
As the social commerce landscape continues to evolve, it will be interesting to see how Kosmc AI and other startups in the space respond to the changing needs of their users and the increasing competition in the market.
Source:
https://ascendants.in/business-stories/kosmc-ai-raises-200k-social-commerce/
