VC Fund Investments
B2C social commerce startup BizzTm raises $1.2 M from 2am VC, Axilor Ventures, others
Gurugram-based BizzTM, a B2C social commerce startup, has raised USD 1.2 million in a seed round from 2am VC along with Axilor Ventures, Let's Venture, IIMI Fund, Qua Capital, Incisive Ventures, and angel investors such as Anupam Mittal (founder, Shaadi.com), Ramakant Sharma (co-founder, Livespace), Abhishek Nag (director at Netflix) and Ryan Valles (a US-based serial entrepreneur). Family Offices like those of the Patni Family and the Supriyajith Family. Almoayed General also contributed to the funding round. BizzTM aims to help retailers sell without owning inventory through supply chain platforms working on aggregated delivery services. It will use the new funds to further expand its presence in 100 new cities across North India while adding new categories, deploying more technology and improving the supply chain infrastructure.
From the Venture Intelligence PE-VC Deal Database: Between Dec-20 and Aug-21, BizzTM had attracted funding from Axilor Ventures. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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