Bizongo Raises Equity Funding from Accel

bizongoBizongo, a Mumbai, India-based B2B marketplace for the chemicals, plastics, and packaging industry segments, raised an undisclosed amount of equity funding.

Accel Partners made the investment.

The company intends to use the funds to expand operations.

Launched in November 2014 by Sachin Agrawal, Ankit Tomar, and Aniket Deb, Bizongo operates a B2B ecommerce marketplace for the $170 billion Packaging, Paints, Plastics & Chemical industry across India.
The platform, which raises more than 2,000 live quotes everyday, features search filters, a live chat platform and recently introduced the “Direct Sell” facility, through which buyers can place low, and medium quantity orders, making goods accessible to both industrial and non-industrial customers.
The marketplace integrates with third party logistics providers.

FinSMEs

19/10/2015

Join the discussion