Highlights
WizCommerce Secures Rs 79.5 Crore in Funding Round
WizCommerce, a prominent AI-native sales and ecommerce platform designed for wholesale distributors, has successfully obtained Rs 79.5 crore (approximately $8.3 million) in a new funding round from its existing investors. Key contributors include Blume Ventures, Alpha Wave, Z47, 100X VC, and Peak XV Partners. This latest investment follows WizCommerce’s previous $8 million funding round in August 2025, which was also led by Peak XV Partners.
Details of the Funding Round
The WizCommerce board has allocated 7,565 Bridge CCPS at an issue price of Rs 1,05,051 per share as part of this funding initiative, according to filings with the Registrar of Companies (RoC). Blume Ventures led the funding with an investment of Rs 28.72 crore (around $3 million), while Alpha Wave contributed Rs 23.94 crore. In addition, Peak XV Partners and Z47 invested Rs 14.36 crore and Rs 7.65 crore, respectively, whereas 100X.VC contributed Rs 4.79 crore.
Company Valuation and Future Prospects
As estimated by Startup Superb, the valuation of WizCommerce now stands at Rs 443 crore, or $46.6 million, post-money. This marks an increase from the previous valuation of Rs 333 crore during the $8 million Series A round. There are indications that the company may seek additional funding in the current round.
About WizCommerce
WizCommerce was founded by Divyaanshu Makkar, a former executive at Bessemer Venture Partners and EY-Parthenon, along with Vikas Garg, a former executive at Zomato. The company provides an AI-native SaaS platform specifically tailored for wholesale distributors. WizCommerce operates on a subscription and transaction-based revenue model, generating income from its AI-driven sales tools, transaction facilitation, and various value-added services.
Post-investment, Blume Ventures emerged as the largest external shareholder, owning a 17.49% stake in the company. Peak XV Partners follows with a 15.57% stake, while Alpha Wave and Z47 hold 14.85% and 10.38% respectively. 100X.VC possesses a 2.61% share in WizCommerce.
Financial Overview
Although the Bengaluru-based startup has yet to file its financial statements for FY26, its Indian subsidiary reported an operating revenue of Rs 6.15 crore alongside a net loss of Rs 17.36 crore for FY25. These figures, derived from consolidated financial statements filed with the Registrar of Companies (RoC), reflect only the company’s operations in India. A significant portion of WizCommerce’s revenue is actually generated from the US market.