E-commerce enabler Optiwise.ai raises $1.3 mn from StartupXseed Ventures

The company plans to spend the proceeds on its products, building a world-class team, and expanding its customer base beyond North America to other emerging e-commerce regions

Optiwise.ai, a marketplace optimisation platform, has raised $1.3 million led by StartupXseed Ventures.

With the new funds coming in, the company will continue to invest in the product, build a world-class team, and expand its current customer base beyond North America to other emerging e-commerce regions globally.

“This investment...further validates our product-market fit strategy and further propels our vision of helping our customers optimise their revenue across marketplaces,” said Deepak Goyal, co-founder and CEO of Optiwise.ai.

The company claims that a majority of the sellers on its platform saw a 3.2x increase in traffic, a 46 per cent surge in