Five-Year-Old Startup, Bizongo raises $30M In Packaging Marketplace

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Bizongo being significant B2B online commercial centers for packaging needs in India has brought $30 million up in crisp financing. As it hopes to bring up its impression in the country and extend to more classifications.
It was esteemed at about $96 million in its Series B financing round in 2018, as indicated by an examination of its administrative filings. Mumbai-based Bizongo has raised about $56 million to date. This five-year-old startup fills in as a commercial center for organizations to distinguish, purchase, and sell packing material arrangements across ventures. It likewise offers an in-house packing plan, advancement, and procurement solutions.

Bizongo extents the country’s driving online business, retail and FMCD enterprises. On its site, it makes reference to that it works with 750 makers in India, and has supplied 290 million packing units to date. It additionally claims to have served more than 350 brands. About $56 million to date. It was esteemed at about $96 million in its Series B financing round in 2018, as indicated by an analysis of its administrative filings.

With a digital supply chain solution ensuring 100% availability at lesser investors, there are around 750+ manufactures Nationwide and 290 Million, packaging units delivered. The founders are transforming and digitizing the highly fragmented B2B packaging marketplace by leveraging technology and a unique supply chain efficiency solution

“Bizongo has demonstrated strong momentum by continuing to add marquee clients and we have been impressed with the company’s rapid growth trajectory over the past year,” said Kabir Narang, general partner.

To know more visit – https://bizongo.com/

To read more Startup Stories visit – https://www.thebusinesspress.in/category/startup-stories/

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