WizCommerce Fuels Growth with $8M Series A funding

WizCommerce has raised $8 million in Series A funding led by Peak XV Partners, with participation from Blume Ventures, Z47, and Alpha Wave Global.

Founded by Divyaanshu Makkar and Vikas Garg, WizCommerce is building an AI-powered platform that helps B2B wholesalers, distributors, and manufacturers manage their entire sales cycle — from lead capture to payments, inventory, and invoicing.

The fresh capital will be used to expand into the U.S. and speed up the growth of its AI-powered sales, commerce, and B2B payments platform, and for hiring in engineering, AI, product, and GTM roles.

The platform already handles $100M+ in GMV annually, with 700+ sales reps and 300,000 buyers across categories like home décor, lighting, and general merchandise.

The company also plans to start launching ‘AI employees’ for wholesalers.