WizCommerce raises $8 Mn in Series A round led by Peak XV

WizCommerce, the AI-native sales and ecommerce platform for wholesale distributors, has raised $8 million in Series A funding led by Peak XV Partners (formerly Sequoia India) with participation from Blume Ventures, Z47, and Alpha Wave. 

The fresh capital will support the firm’s U.S. expansion and accelerate the development of its AI-powered sales, commerce, and B2B payments platform.

Founded by Divyaanshu Makkar (ex-Bessemer Venture Partners, ex-EY-Parthenon) and Vikas Garg (ex-Zomato), WizCommerce operates on a SaaS-based subscription and…