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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 known as Sequoia India. The round also saw participation from Blume Ventures, Z47, and Alpha Wave Global. The capital infusion marks a pivotal moment for the startup, which aims to transform the legacy-driven wholesale distribution sector into a streamlined, intelligent, and automated ecosystem.
1. Funding Details and Strategic Backers
The Series A round was led by Peak XV Partners, with continued support from existing investors Blume Ventures, Z47, and Alpha Wave Global.
- The $8 million will be used to expand WizCommerce’s presence in the US market, which currently contributes 95 percent of its revenue
- Funds will also support hiring across engineering, AI, product, and go-to-market functions in hubs across India, the US, and the UAE
- The company plans to launch AI employees by Q1 2026 to automate both front-office and back-office operations for distributors
This funding comes at a time when the wholesale industry is grappling with rising tariffs, freight costs, and operational inefficiencies. WizCommerce positions itself as a solution to these challenges by offering intelligent workflows and embedded automation.
2. Product Vision and AI-Led Transformation
Founded in 2020 by Divyaanshu Makkar (ex-Bessemer Venture Partners) and Vikas Garg (ex-Zomato), WizCommerce is building what it calls the tech stack wholesale should have had all along.
- The platform integrates quoting, storefronts, ERP systems, lifestyle image generation, and embedded payments
- It enables sales reps to check real-time stock, generate curated proposals, and close deals faster
- Buyers benefit from a simplified ordering experience that mimics consumer-grade ecommerce platforms
- WizAI and WizStudio are among the company’s flagship tools, designed to automate content creation and product discovery
The startup’s goal is to replace spreadsheets and manual processes with AI-powered agents that handle everything from inventory checks to invoicing.
3. Market Traction and Customer Base
WizCommerce has already gained significant traction in the US wholesale market, which is valued at over $10 trillion.
- The platform is used by more than 700 sales representatives and over 300,000 buyers
- It serves leading distributors across categories such as home décor, furniture, lighting, gifts, and general merchandise
- Clients include Avandium Trading, Turkana Foods, Arteriors Home, Dakota’s Best, and Loloi Rugs
Reps reportedly open WizCommerce first thing in the morning, and buyers appreciate the intuitive interface and faster ordering process. This dual impact on internal workflows and customer experience is rare in B2B platforms.
4. Expansion Plans and Hiring Strategy
While WizCommerce’s sales are currently focused on the US, the company maintains operational teams in Bengaluru, Gurugram, and Abu Dhabi.
- The startup is actively hiring across product, engineering, and GTM roles to support its next phase of growth
- It does not plan to target India for sales in the immediate future, but will continue to build its tech backbone from Indian hubs
- The company is also exploring adjacent verticals to expand its product offerings beyond traditional wholesale
The founders believe that AI will soon be central to how the industry functions, with autonomous agents managing everything from order placement to customer engagement.
5. Industry Outlook and Competitive Edge
WizCommerce’s rise reflects a broader shift in B2B ecommerce, where digital marketplaces and AI-led platforms are reshaping how distributors operate.
- The company’s AI-first approach gives it a competitive edge in a sector still reliant on legacy systems
- Its rapid revenue growth and customer-centric culture have earned praise from investors and clients alike
- With this funding, WizCommerce is poised to become a core part of the wholesale tech stack, driving profitable growth and operational efficiency
As the wholesale industry evolves, WizCommerce is betting on automation, personalization, and intelligent design to lead the transformation.
Sources: The Hindu Business Line, YourStory, Outlook Business, Economic Times, MSN India.
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