Bizom, a Bengaluru, India-based retail intelligence platform, has raised $12 million in Series B funding.
Investors
The funding round was led by Pavestone, with participation from existing investor IndiaMART and family offices.
Pavestone is a value-focused, growth-stage venture capital firm specializing in early-growth-stage investments, particularly in B2B technology companies. Founded in 2021, Pavestone is based in Hyderabad, India.
Bizom Use of Funds
The funds will drive Bizom's expansion, focusing on scaling its AI-driven Real Intelligence initiative, enhancing delivery mechanisms, and deepening engagements with key clients.
About Bizom
Founded in 2008, Bizom provides a SaaS (Software-as-a-Service) platform focused on transforming retail intelligence and route-to-market operations for businesses. It is designed to help retail brands optimize their distribution channels, improve sales efficiency, and gain real-time insights into market demand. Bizom supports over 600 brands across 30+ countries, offering real-time visibility and advanced solutions for industries such as CPG, dairy, and FMCG.
Funding Details
Company: Mobisy Technologies Pvt. Ltd
Raised: $12.0M
Round: Series B
Funding Date: December 2024
Lead Investor: Pavestone
Additional Investor: IndiaMART
Company Website: https://bizom.com/
Software Category: B2B Sales Force Automation
Source: https://www.entrepreneur.com/en-in/news-and-trends/pavestone-leads-usd-12-mn-series-b-round-in-retail/484458