AI-focused sales enablement platform WizCommerce raises $8 million from Peak XV Partners, Blume Ventures, others

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WizCommerce, an artificial intelligence (AI)-focused sales and ecommerce platform for wholesale distributors, has announced a fundraise of $8 million led by Peak XV Partners, with Blume Ventures, Z47, and Alpha Wave participating.

Founded by Divyaanshu Makkar and Vikas Garg, the startup intends to use the fresh capital to expand its operations in the US and further develop its technology to strengthen sales, commerce, and payments among wholesale businesses.

The $10-trillion wholesale market in the US still relies on spreadsheets and manual processes….



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AI-focused sales enablement platform WizCommerce raises $8 million from Peak XV Partners, Blume Ventures, others



WizCommerce, an artificial intelligence (AI)-focused sales and ecommerce platform for wholesale distributors, has announced a fundraise of $8 million led by Peak XV Partners, with Blume Ventures, Z47, and Alpha Wave participating.

Founded by Divyaanshu Makkar and Vikas Garg, the startup intends to use the fresh capital to expand its operations in the US and further develop its technology to strengthen sales, commerce, and payments among wholesale businesses.

The $10-trillion wholesale market in the US still relies on spreadsheets and manual processes….



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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