About Bizom
Bizom is a company based in Bengaluru (India) founded in 2008 by Shree Bhise, Lalit Bhise, Chhavi Gupta, and Vasudeva Manjunath.. Bizom has raised $19.18 million across 9 funding rounds from investors including IndiaMART, Microsoft and SIDBI. The company has 345 employees as of October 19, 2024. Bizom offers products and services including Sales Force Automation, Distributor Management System, Auto Replenishment System, B2B WhatsApp, and Smart Merchandising. Bizom operates in a competitive market with competitors including Salesforce, HubSpot, Freshworks, SugarCRM and RELEX, among others.
- Headquarter Bengaluru, India
- Employees 345 as on 19 Oct, 2024
- Founders Shree Bhise, Lalit Bhise, Chhavi Gupta, Vasudeva Manjunath
- Stage Minicorn
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Sectors
RetailTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Mobisy Technologies Private Limited
- Date of Incorporation 04 Feb, 2008
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$7.69 M (USD)0as on Mar 31, 2023
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Net Profit
$-1.21 M (USD)0as on Mar 31, 2023
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EBITDA
$-920.16 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$19.18 M (USD)
in 9 rounds
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Latest Funding Round
$12 M (USD), Series B
Feb 17, 2023
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Investors
IndiaMART
& 14 more
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Employee Count
345
as on Oct 19, 2024
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Products & Services of Bizom
Bizom offers a comprehensive portfolio of products and services, including Sales Force Automation, Distributor Management System, Auto Replenishment System, B2B WhatsApp, and Smart Merchandising. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for streamlining sales processes in retail environments
System to optimize distributor networks and operations
Automates stock replenishment for efficient supply chains
Enables B2B messaging for order and sales interactions
Provides insights for effective product merchandising strategies
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Funding Insights of Bizom
Bizom has successfully raised a total of $19.18M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $12 million completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series B — $12.0M
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First Round
First Round
(02 Sep 2008)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series B - Bizom | Valuation | Pavestone Capital | |
| Oct, 2021 | Amount | Series A - Bizom | Valuation | IndiaMART |
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| May, 2020 | Amount | Series A - Bizom | Valuation | IndiaMART |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bizom
Bizom has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include IndiaMART, Microsoft and SIDBI. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in technology and growth sectors are managed by Pavestone.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by the private equity firm.
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Founded Year | Domain | Location | |
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Early stage venture capital firm investing in India and US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bizom
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bizom
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bizom Comparisons
Competitors of Bizom
Bizom operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Salesforce, HubSpot, Freshworks, SugarCRM and RELEX, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based CRM and collaboration solutions are provided for enterprises.
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Provider of AI-powered customer relationship management software
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| domain | founded_year | HQ Location |
Cloud-based business process management suite solutions are delivered.
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| domain | founded_year | HQ Location |
AI-based open-source CRM software is offered for customer lifecycle collaboration.
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Unified platform for retail and supply chain planning is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bizom
Frequently Asked Questions about Bizom
When was Bizom founded?
Bizom was founded in 2008.
Where is Bizom located?
Bizom is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Bizom?
Lalit Bhise is the current CEO of Bizom. They have also founded this company.
Is Bizom a funded company?
Bizom is a funded company, having raised a total of $19.18M across 9 funding rounds to date. The company's 1st funding round was a Series A of $1.52M, raised on Sep 02, 2008.
How many employees does Bizom have?
As of Oct 19, 2024, the latest employee count at Bizom is 345.
What is the annual revenue of Bizom?
Annual revenue of Bizom is $7.69M as on Mar 31, 2023.
What does Bizom do?
Founded in 2008 in Bengaluru, India, Bizom operates in the retail technology sector, providing a platform that digitizes sales and distribution processes for CPG and FMCG brands. Services include sales force automation, distributor management systems, retail execution, and management tools. Proprietary analytics powered by AI and ML generate custom reports, alerts, and insights, with features such as image recognition, auto-replenishment, business intelligence, smart merchandising, trade financing, and promotion management.
Who are the top competitors of Bizom?
Bizom's top competitors include HubSpot, Salesforce and Freshworks.
What products or services does Bizom offer?
Bizom offers Sales Force Automation, Distributor Management System, Auto Replenishment System, B2B WhatsApp, and Smart Merchandising.
Who are Bizom's investors?
Bizom has 15 investors. Key investors include IndiaMART, Microsoft, SIDBI, Pavestone Capital, and Triton Investment Advisors.
What is Bizom's valuation?
The valuation of Bizom is $16.05M as of Oct 2021.
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