
BizeeBuy
Enabling backend commercial operations for D2C brands.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
* | N/A | Early VC | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 157 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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BizeeBuy, operating under the legal name Intellifi Technologies Private Limited, provides a cloud-based Enterprise Resource Planning (ERP) platform tailored for the backend commercial operations of direct-to-consumer (D2C) brands and manufacturers. Founded in Delhi, India, in 2019 by Ravi Tiwari, the company aims to unify B2B commerce stakeholders on a single platform to automate and streamline processes. Ravi Tiwari, the Founder and CEO, has a background in quality engineering, process improvement, and holds a Ph.D. in Industrial Engineering from the Indian Institute of Technology, Delhi, which informs the company's focus on operational efficiency.
The company's core business revolves around its Software-as-a-Service (SaaS) platform that simplifies and digitizes complex B2B commercial transactions. It serves mid-market manufacturing businesses, particularly D2C brands, helping them move away from manual methods like spreadsheets for critical operations. The business model appears to be subscription-based, providing access to its comprehensive suite of tools. In December 2022, BizeeBuy secured $355K in a seed funding round led by Indifi, which acquired a minority stake to bolster tech offerings for SMEs.
The BizeeBuy platform offers an integrated solution for managing the entire B2B operational lifecycle. Its eProcurement module features tools for competitive sourcing through reverse auctions, multi-level approval workflows, and cost center management. A key function is inventory management, which allows for real-time stock tracking, automated adjustments, and warehouse management. The platform also facilitates production management based on Bill of Materials (BOM), sales and dispatch management for both online and offline channels, and vendor collaboration through a dedicated portal for purchase order (PO) acknowledgments and invoicing. Furthermore, it includes accounts payable automation with 2-way and 3-way matching of invoices against POs and goods receipt notes (GRNs), alongside robust reporting and analytics capabilities.
Keywords: B2B commerce, ERP platform, procurement management, D2C brands, supply chain management, vendor management, inventory control, accounts payable automation, SaaS, manufacturing ERP, Ravi Tiwari, eProcurement, reverse auction, Bill of Materials, cost tracking, purchase order management, financial reporting, warehouse management, business process automation, Delhi startup