Retail intelligence platform Bizom raises $12 million in round led by VC firm Pavestone

Pavestone contributed $5.7 million while existing investor IndiaMart and other family offices chipped in with the remaining. The funds will be used to scale innovations, strengthen delivery mechanisms, and expand key accounts of the platform that optimises distribution processes for retail brands. Bizom's vertical software-as-a-service (SaaS) platform aims at improving sales efficiency, streamlining product distribution, and strengthening retailer-brand relationships.