# Bzaar

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bzaar

- Industry: Internet
- Headquarters: Wilmington, US
- Website: www.bzaar.com
- Total disclosed funding: $8M
- Latest round: Seed (Dec 7, 2021)
- Investors on record: 1

## About

Bzaar Inc, based in Wilmington, US, operates as a provider of comprehensive supply chain solutions, specializing in sourcing products from India for retailers and wholesalers.Bzaar Inc, founded in 2020, provides end-to-end supply chain solutions focused on product sourcing from India. The company is headquartered in Wilmington, US. Ghulam Murtaza, the founder, has a history in the industry, although no prior company information is available. In December 2021, Bzaar raised USD 4.00 mn in a SEED round led by Canaan Partners, bringing the total amount raised to USD 4.00 mn. The company has completed 2 deals to date.Bzaar offers comprehensive end-to-end supply chain solutions, specializing in the sourcing of products from India. The company's core offerings include vendor identification, product development, quality assurance, warehousing, and shipping services, designed to address the complexities of international sourcing. Bzaar's services cater to businesses seeking reliable, high-quality products across various categories like furniture, textiles, kitchen and dining, home decor, outdoor items, and seasonal party supplies. The customer base primarily consists of retailers and wholesalers looking to diversify their sourcing strategies and capitalize on India’s growing manufacturing capabilities, serving clients across North America and Europe through a vetted network of certified vendors and manufacturers adhering to international quality standards.Bzaar generates revenue through business-to-business transactions, primarily with retailers and wholesalers. The company employs a transaction structure that includes service fees for sourcing, product development, and logistics management. Each engagement typically involves upfront costs associated with briefing calls, research, and design, followed by pricing determined by the specifics of the production and shipping processes. Additionally, the company offers add-on services such as original design and packaging, contributing to its revenue stream. While pricing plan details are not disclosed, the firm focuses on delivering high-quality products and services that enhance sourcing efficiency for its clients.Bzaar plans to utilize the recent funding of USD 4.00 mn raised in December 2021 to acquire more verified, export-ready manufacturers for its platform and strengthen its operations in India. The company is strategizing to enhance its product offerings and expand into new markets, specifically targeting additional regions in North America and Europe by the end of 2023, in conjunction with the upcoming launch of new product lines designed to meet evolving customer needs.

## Funding rounds

- Seed, Dec 7, 2021, $4M — Canaan Partners
- Seed, Sep 20, 2021, $4M — Canaan Partners

## Investors

- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Seed