December 22, 2024
Startup Updates

Bizom Raises $12 Million in Series B Funding Led by Pavestone

Bizom, a leading retail intelligence platform, has secured $12 million in its Series B funding round, with Pavestone contributing $7.5 million.

The round also saw participation from IndiaMART and other family offices. This investment will help Bizom scale its AI-powered Real Intelligence initiative, enhance delivery mechanisms, and expand its key accounts.

Bizom’s platform is used by over 600 retail brands across industries like FMCG, dairy, and CPG, providing real-time insights to optimize distribution and improve sales efficiency. With operations across 30 countries, Bizom enables brands to digitalize their route-to-market processes and gain visibility into market demand.

Pavestone, a Hyderabad-based technology fund, focuses on helping early-growth stage B2B tech companies tackle global challenges. This strategic investment in Bizom further strengthens its position in the retail intelligence space, ensuring continued innovation and growth for its expanding customer base.