Angel Investments
E-commerce sites search co Wizzy raises $300-K from Manipal Tech & Media, others
Ahmedabad-based Wizzy, an advanced site search solution for e-commerce stores and marketplaces, has raised USD 300,000 in a funding round led by Manipal Technology & Media Group. Concept India, Quattro Ventures, Sat Industrie, Kolte Patil and angels such as Jio Fund head Amey Marshelkar and Times Network VP Jignesh Kenai also joined the round. The startup will use the funds to evolve the product, amplify its reach to store and marketplace owners, and make product discovery and shopping a seamless experience. Wizzy uses artificial intelligence and machine learning algorithms to show the buyers the most optimum products from the client product portfolio, enabling e-commerce companies to make their shoppers find what they want and buy instantly. Wizzy was among the 10 startups which were selected by 100.VC as a part of its class 06 portfolio.
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