Amount Raised
$50 Million
Round Type
Funding Round
Description
Business-to-business vendor-digitisation platform Bizongo raised about $50 million from its existing investors in a Series-E funding round led by Schroder Adveq, a Zurich-based private equity firm.The money was raised at a valuation of $980 million, 63% higher compared with the previous round of funding in August 2022, cofounder and chief executive Sachin Agrawal told ET.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisitIndian School of BusinessISB Digital TransformationVisitNorthwestern UniversityKellogg Post Graduate Certificate in Product ManagementVisitOther participating investors included International Finance Corp, Chiratae Ventures, B Capital and British International Investment, he said.The company, he said, is aiming to post a profit before tax in the fiscal year ending March 2024.It is currently in advanced discussions on an acquisition, said Agrawal, without sharing specific details. In 2022, Bizongo had acquired two companies: Hexa and Clean Slate Technologies.Powered ByVideo Player is loading.Play VideoPlaySkip BackwardMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently behind liveLIVERemaining Time -0:00 1xPlayback RateChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions and subtitles off, selectedAudio TrackPicture-in-PictureFullscreenThis is a modal window.No compatible source was found for this media.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentText BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentTransparentCaption Area BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.AdvertisementThe Tiger Global-backed company was founded in 2015 by IIT graduates Agrawal, Aniket Deb and Ankit Tomar. It offers software-based vendor management and supply-chain automation and financing
Quick answer
Bizongo raised $50 Million in a Funding Round round, dated October 4, 2023.
- How much did Bizongo raise?
- Bizongo raised $50 Million in a Funding Round round on October 4, 2023.
- What does Bizongo do?
- At Bizongo, we help brands and enterprises achieve scalable growth through our AI-powered vendor digitization and embedded financing platform.
- Who are the decision-makers at Bizongo?
- Fundz holds 1 contact at Bizongo. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Professional Services and Sustainability around the same time
Companies in the same sectors as Bizongo that raised within 45 days of this round, from Fundz verified event records.
- PwrCor, Inc. raised $90K (Seed) on November 16, 2023.
- Teal Bio, Inc. raised $3M (Series A) on November 16, 2023.
- Common Energy raised an undisclosed amount (Funding Round) on November 15, 2023.
- Antora Energy raised $4M (Funding Round) on November 15, 2023.
- Duos Technologies raised $2.5M (Seed) on November 10, 2023.
- Aigen raised $12M (Series A) on November 9, 2023.
Who to call at Bizongo, and when
A new round usually means Bizongo is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Bizongo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Bizongo, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Bizongo. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Bizongo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Bizongo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.