BizzTm secures $1.2 Mn in seed round

E-commerce startup BizzTm has raised $1.2 million led by 2 am VC along with Axilor Ventures, Let’s Venture, IIMI Fund, Qua Capital, Incisive Ventures, and angel investors such as Anupam Mittal , Ramakant Sharma, Abhishek Nag, Ryan Valles and family offices like Patni, Supriyajith Family Trust, and Almoayed General.

The brand will leverage the freshly infused capital to further expand its presence in 100 new cities across north Indian regions while adding more categories, onboarding updated technology, and improving existing supply chain infrastructure.

Launched in 2020 by Amit Sharma and Siddharth Biyani, BizzTm operates in the M2B2C model, enabling retailers to sell without owning inventory through innovative supply chain platforms working on aggregated delivery services.

The Gurugram-based firm has recorded 10x growth by selling over 2 million products in less than a year, aspiring to onboard at least 1 lakh retailers and clock over Rs 100 crore Gross Merchandise Value (GMV) by the end of next year.