Funding

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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