WizCommerce has secured US$8 million in series A funding led by Peak XV Partners, with Blume Ventures, Z47, and Alpha Wave also participating.

The company operates with hubs in the US and India and develops an AI-powered sales and ecommerce platform for wholesale distributors.

The funds will support its US expansion and advance its platform for sales, commerce, and B2B payments.

WizCommerce claims its platform processes over US$100 million in annual GMV and is used by more than 700 sales representatives and 300,000 buyers in sectors such as home décor and general merchandise.

Founded by Divyaanshu Makkar and Vikas Garg, the firm plans to grow its engineering, AI, product, and go-to-market teams in both the US and India.

🔗 Source: WizCommerce

🧠 Food for thought

I need to skip this Food for Thought analysis. The research source provided is from 2017 and focuses on AI adoption in the Middle East, which doesn’t offer relevant or current insights for a 2025 US-based wholesale distribution platform story.

Without additional credible sources that directly relate to the wholesale distribution industry, AI adoption in B2B commerce, or relevant market dynamics, I cannot provide the fact-based, well-grounded insights that would meet our editorial standards.