Wizzy, an advanced site search solution for e-commerce stores and marketplaces, has raised nearly $300,000 in a funding round from Manipal Technology & Media Group.
Concept India, Quattro Ventures, Sat Industrie, Kolte Patil and angels such as Jio Fund head Amey Marshelkar, Times Network VP Jignesh Kenai and other marquee angel investors also joined the round.
According to the Ahmedabad-based startup, it 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.
Founded in 2021 by Aenik Shah and Alok Patel, Wizzy uses artificial intelligence and machine learning algorithms to show the buyers the most optimum products from the client product portfolio on their eCommerce store, enabling e-commerce companies to make their shoppers find what they want and buy instantly.
Wizzy was also among the 10 startups which were selected by 100.VC as a part of its class 06 portfolio which also includes PensionBox, Healthy Barks, Super Scholar, Utsav and SimpliClariFy among others.