Bengaluru-based retail intelligence platform Bizom has raised US$12 million in a series B funding round.

The round was led by Pavestone VC, with participation from IndiaMART and select family offices.

Pavestone contributed US$7.5 million, with the rest coming from other investors.

The funds will be used to enhance Bizom’s AI-driven retail intelligence, improve delivery mechanisms, and expand its customer base.

Founded in 2008, Bizom offers software solutions that optimize retail brands’ distribution and operations, serving over 600 brands across 30 countries.