India's Bizongo expects to raise $15 mln in funding from B Capital, others

07/21/2019 2:08:00 PM (GMT)

Bizongo, an Indian business to business marketplace for packaging materials, intends to secure $15 million in a Series C round of financing.

Bizongo is expecting to secure the new funds from its existing backers, B Capital and International Finance Corp. (IFC).

Additionally, the proposed financing may also see participation from Accel and Chiratae Ventures. The firm’s valuation post this funding round stands at more than $95 million.

In May 2018, Bizongo had collected $22 million in a Series B funding round led by B Capital and IFC.

Bizongo

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