India, Aug. 25 -- AI-led B2B ecommerce platform WizCommerce has raised $8 Mn (around INR 70 Cr) in a Series A funding round led by Peak XV Partners.

The round also saw participation from Blume Ventures, Z47 and Alpha Wave.

The startup plans to deploy the fresh proceeds for hiring marketing and sales professionals in both India and the US, while also strengthening its focus on product, technology, and AI to drive its overseas expansion.

Founded in 2020 by former executive of Bessemer Venture Partners Divyaanshu Makkar and former Zomato executive Vikas Garg, WizCommerce is an AI-powered platform helping B2B wholesalers, distributors, and manufacturers streamline their sales cycle from lead capture to payments, inventory and invoicing. Th...