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Bizztm logo — Naye Bharat ki Dukaan

Bizztm

Naye Bharat ki Dukaan

Founded 2020 India Gurgaon, India 83 employees Seed Total: $4.20M E-Commerce, IT +2

General Information

Company Name Bizztm
Founded Year 2020
Location India Gurgaon, India
Employees 83
Industries E-Commerce, IT, Information Technology +1
Funding Stage Seed
Social

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About Bizztm

BizzTM is an E-Commerce startup founded in 2020, with the slogan "Naye Bharat ki Dukaan" which translates to "The New Shop of India". The company aims to address the challenges faced by the aspirational population in Tier 2+ cities who are underserved by e-commerce due to high delivery costs and the need for trust. BizzTM has introduced a unique model of community commerce that involves a local network of 'Bizz Owners' who bring innovative categories of products to their community. This model is combined with an innovative aggregated delivery system to make the business model sustainable and efficient. The last significant milestone for BizzTM was the Seed Round investment on 08 March 2023, in which it received backing from Sprint Vc and Acequia Capital (AceCap). With a clear focus on serving the underserved markets and an innovative approach to community commerce, BizzTM presents an interesting investment opportunity for venture capitalists looking to tap into the growing e-commerce market in India. Overall, BizzTM's unique business model, focus on underserved markets, and recent investment from notable VCs position it as a promising player in the Indian e-commerce and technology industries.

Taxonomy: community commerce, Tier 2+ cities, aspirational population, local network, Bizz Owners, aggregated delivery, underserved markets, innovative categories, trustworthy, delivery costs, innovative business model

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $3.00M 5
Capria Ventures Venture Catalysts Incisive Ventures
Capria Ventures, Venture Catalysts +3
19 Dec 2022
Seed Round Undisclosed 2
Magic Fund Titan Capital
Magic Fund, Titan Capital
04 May 2022
Seed Round $1.20M 3
LetsVenture Almoayed Ventures
LetsVenture, Almoayed Ventures +1
01 Dec 2021
Pre Seed Round Undisclosed -
23 Dec 2020

Bizztm Alternatives & Competitors

Bizztm vs
CITYTECH SOFTWARE | Microsoft Gold Partner
CITYTECH SOFTWARE | Microsoft Gold Partner India

Software Development and IT Consulting company offering customized solutions to help global business...

143 employees
IT, Information Technology
Bizztm vs
MBI
MBI United States

Empowering seamless IT support with expert staff, delivering swift and professional solutions tailor...

161 employees
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FAQ About Bizztm

Naye Bharat ki Dukaan
Bizztm was founded in 2020.
Bizztm is headquartered in Gurgaon, India.
Bizztm operates in E-Commerce, IT, Information Technology and Social Media. Its work centres on community commerce, Tier 2+ cities, aspirational population and local network.
Bizztm has approximately 83 employees.
Bizztm has completed 4 funding rounds, raising a total of $4.20M. The latest funding stage is Seed.
Top alternatives and competitors to Bizztm include CITYTECH SOFTWARE | Microsoft Gold Partner, MBI. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Bizztm and CITYTECH SOFTWARE | Microsoft Gold Partner are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Bizztm, https://bouncewatch.com/company/bizztm, updated 24 October 2024. When citing, please name BounceWatch and link this page.

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