About WizCommerce
WizCommerce is a company based in Bengaluru (India) founded in 2020 by Divyaanshu Makkar and Vikas Garg.. WizCommerce has raised $13.54 million across 3 funding rounds from investors including Peak XV Partners, Z47 and Neon Fund. The company has 62 employees as of April 06, 2024. WizCommerce operates in a competitive market with competitors including Cart.com, Zubale, BigCommerce, Unicommerce and AnyMind Group, among others.
- Headquarter Bengaluru, India
- Employees 62 as on 06 Apr, 2024
- Founders Divyaanshu Makkar, Vikas Garg
- Stage Minicorn
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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- Legal Name Oritur Technologies Private Limited
- Date of Incorporation 14 Oct, 2020
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$252.85 K (USD)1580.74as on Mar 31, 2023
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Net Profit
$-1.95 M (USD)-449.75as on Mar 31, 2023
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EBITDA
$-2.06 M (USD)-481.7as on Mar 31, 2023
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Total Equity Funding
$13.54 M (USD)
in 3 rounds
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Latest Funding Round
$8 M (USD), Series A
Aug 25, 2025
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Investors
Peak XV Partners
& 32 more
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Employee Count
62
as on Apr 06, 2024
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Funding Insights of WizCommerce
WizCommerce has successfully raised a total of $13.54M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in August 2025. 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 3
- Last Round Series A — $8.0M
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First Round
First Round
(05 Oct 2021)
- Investors Count 33
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Series A - WizCommerce | Valuation | Peak XV Partners | |
| Jul, 2022 | Amount | Seed - WizCommerce | Valuation | Z47 | |
| Oct, 2021 | Amount | Seed - WizCommerce | Valuation | Alpha Wave Global |
| 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 WizCommerce
WizCommerce has secured backing from 33 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Peak XV Partners, Z47 and Neon Fund. 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 investment firm
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Founded Year | Domain | Location | |
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Investment in Enterprise AI startups is provided by Neon Fund.
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Founded Year | Domain | Location | |
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Venture capital firm focused on growth-stage companies
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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 WizCommerce
| 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 - WizCommerce
| 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 |
Wizcommerce Comparisons
Competitors of WizCommerce
WizCommerce 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 Cart.com, Zubale, BigCommerce, Unicommerce and AnyMind Group, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Software suite solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
Platform offering retail sales enablement and reward software
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| domain | founded_year | HQ Location |
SaaS-based software suites for e-commerce operations are provided.
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| domain | founded_year | HQ Location |
Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping
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| domain | founded_year | HQ Location |
Platforms for e-commerce, marketing, and manufacturing are provided.
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| domain | founded_year | HQ Location |
Software suite solutions are provided for brands and e-commerce businesses.
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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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| domain | founded_year | HQ Location |
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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Frequently Asked Questions about WizCommerce
When was WizCommerce founded?
WizCommerce was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is WizCommerce located?
WizCommerce is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of WizCommerce?
Divyaanshu Makkar is the current CEO of WizCommerce. They have also founded this company.
Is WizCommerce a funded company?
WizCommerce is a funded company, having raised a total of $13.54M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Oct 05, 2021.
How many employees does WizCommerce have?
As of Apr 06, 2024, the latest employee count at WizCommerce is 62.
What is the annual revenue of WizCommerce?
Annual revenue of WizCommerce is $252.85K as on Mar 31, 2023.
What does WizCommerce do?
WizCommerce was established in 2020 in Bengaluru, India, within the technology sector focused on wholesale and distribution. AI-driven tools are utilized to support digital sales processes and ecommerce platforms tailored for distributors. Operations are streamlined through features that manage inventory, orders, and customer interactions. The companys services address efficiency challenges in wholesale activities, serving businesses in the supply chain domain.
Who are the top competitors of WizCommerce?
WizCommerce's top competitors include CommerceIQ, Global-e and Cart.com.
Who are WizCommerce's investors?
WizCommerce has 33 investors. Key investors include Peak XV Partners, Z47, Neon Fund, Ritesh Ramakrishnan, and Chetan Mehta.
What is WizCommerce's valuation?
The valuation of WizCommerce is $22.85M as of Jul 2022.