About Bizongo
Bizongo is a Retail company based in Mumbai (India) founded in 2015 by Sachin Agrawal. Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions. It operates in the Retail, Financial Services, and Technology sectors. Bizongo has raised $257.08 million across 16 funding rounds from investors including IDFC First Bank, Accel and International Finance Corporation. The company has 250 employees. Bizongo has completed 3 acquisitions, including Clean Slate Technologies, FactoryPlus and GoHexa. Bizongo was last valued at $945.1 million in October 2023. Its chief executive, as recorded, is Sachin Agrawal. Its website bizongo.com draws about 16 thousand monthly visits. Its Indian entity Smartpaddle Technology Private Limited reported revenue of ₹185 Cr. Bizongo offers products and services including Vendor Digitization Platform, InstaInvoice, and GoBiz Tender. Its focus areas include B2B E-Commerce, Technology Enablers, Procurement Management and Enterprise Applications. Its competitors include FlexiLoans, Lendingkart and Yubi; 3 of its 3 listed competitors have raised funding.
Company details
Bizongo was founded in 2015 and is headquartered in Mumbai, India. A platform is operated to deliver AI-driven tools for vendor digitization, procurement management, and supply chain financing. Services include digital vendor management, material procurement oversight, packaging sourcing, and purchase order handling. Operations serve industries such as packaging, textiles, and apparel, with additional sectors supported through integrated solutions.
- Headquarters Mumbai, India
- Employees 250
- Founders Sachin Agrawal
- Stage Soonicorn
- SectorsRetailFinancial Services Technology
- Email••••••••
- Phone•••• ••••
- Website bizongo.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Smartpaddle Technology Private Limited
- Date of Incorporation 28 Mar, 2015
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹185 Cr
FY 2023 · +37% YoY
- Net Loss-₹292 Cr
FY 2023 · -158% margin
- EBITDA-₹135 Cr
FY 2023 · -73% margin
- Total Equity Funding$257.08M (USD)
in 16 rounds
- Latest Funding Round$4.5M (USD), Series E
Mar 2025
- InvestorsIDFC First Bank
& 33 more
- Employee Count250
- Investments & AcquisitionsClean Slate Technologies
& 2 more
Associated legal entities of Bizongo
Bizongo operates through Smartpaddle Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Smartpaddle Technology Private Limited CIN U72300MH2015PTC263147 | Active | 28 Mar 2015 | Mumbai, Maharashtra | ₹185 Cr | 250 | 2 | View details |
Products & Services of Bizongo
Bizongo offers a comprehensive portfolio of products and services, including Vendor Digitization Platform, InstaInvoice, and GoBiz Tender.
Platform for digitizing vendor ecosystems and supply chain integration.
Tool to generate accurate GST e-invoices quickly.
Platform for managing business tenders and transactions.
Apps and channels of Bizongo
its YouTube channel Bizongo has 121 subscribers and 30 videos.
Videos from Bizongo
The most watched videos on Bizongo's YouTube channel, Bizongo (121 subscribers). Click a video to play it here.
More on Bizongo.
Funding Insights of Bizongo
Bizongo has successfully raised a total of $257.08M across 16 strategic funding rounds. The most recent funding activity was a Series E round of $4.5 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $257.08M
- Total Rounds 16
- Last Round Series E — $4.5M
- First Round $78,898
(Jul 2015)
- Investors Count 34
Latest 10 of 16 funding rounds of Bizongo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2025 | $4.5M | Series E | – | – | |
| Oct 2023 | $50M | Series E | $945.1M | Schroders Capital | |
| Aug 2022 | $25M | Series D | $600M | – | |
| Dec 2021 | Grant | – | – | ||
| Nov 2021 | $110.81M | Series D | $••••• | Tiger Global Management, Shimshon Finance | |
| Jun 2021 | $1.22M | Series C | $••••• | B Capital | |
| Apr 2021 | Series C | $••••• | AddVentures | ||
| Apr 2021 | $3.6M | Debt – Conventional | – | – | |
| Sep 2020 | $9.8M | Series C | $••••• | Trifecta Capital, AddVentures | |
| May 2020 | Debt – Conventional | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2023 | $945.1M | •••••••• |
| Aug 2022 | $600M | •••••••• |
| Nov 2021 | $••••• | •••••••• |
| Jun 2021 | $••••• | •••••••• |
| Apr 2021 | $••••• | •••••••• |
| Sep 2020 | $••••• | •••••••• |
| Jul 2019 | $••••• | •••••••• |
| Feb 2018 | $••••• | •••••••• |
Full valuation and stage history of Bizongo
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $945.1M (Oct 2023). 34 investors in total: 24 institutional and 10 angel.
Investors in Bizongo
Bizongo has secured backing from 34 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include IDFC First Bank, Accel and International Finance Corporation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Multistage investments are directed toward technology, healthcare, and climate sectors. | b.capital | Manhattan Beach, United States | ||
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
Venture capital fund focused on seed-stage startups | chiratae.com | Bengaluru, India | ||
Government agency focused on small and medium-sized businesses | 1948 | bii.co.uk | London, United Kingdom | |
Investments are directed toward late-stage and growth-stage technology companies. | marsgrowth.com | Singapore, Singapore | ||
Agri-tech startups are incubated with expert networks and funding access. | pusakrishi.in | Delhi, India | ||
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Private equity firm focused on multiple sectors | castleim.com | Alexandria, United States | ||
Startups in industrial, B2B, and enterprise verticals are invested in. | addventures.co.th | Bangkok, Thailand |
Investor details for Bizongo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Smartpaddle Technology Private Limited (Bizongo)
Smartpaddle Technology Private Limited is the primary company behind Bizongo. The board of Smartpaddle Technology Private Limited currently have 2 directors; the longest-serving is Sachin Agrawal, appointed in 2015. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sachin Agrawal DIN 07088504 | Director | 28 Mar 2015 | 11 yrs 7 mo | Smartpaddle Technology Private Limited |
| Gulshan Kumar Kaushik DIN 11306501 | Director | 24 Nov 2025 | 11 mo | Smartpaddle Technology Private Limited |
People of Bizongo
1 people are tracked at Bizongo (1 in leadership); the tracked headcount is 250.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership |
Complete people profiles for Bizongo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Bizongo
Figures of Smartpaddle Technology Private Limited, the primary company behind Bizongo, for FY 2023. Revenue was ₹185 Cr (+37% year on year). Net loss was -₹292 Cr (-158% margin). EBITDA was -₹135 Cr (-73% margin). Revenue has grown at a compounded annual rate of -10% over three years and +41% over five years.
- ₹185 CrRevenue · FY 2023 · +37% YoY
- -₹292 CrNet loss · -158% margin
- -₹135 CrEBITDA · -73% margin
- ₹55.2 LakhPaid-up capital
- 250Employees (provident fund records)
- -10%Revenue CAGR, 3 years
- +41%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Smartpaddle Technology Private Limited are on its company page.
Detailed financial statements for Bizongo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Investments & Acquisitions by Bizongo
Bizongo has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Clean Slate Technologies, FactoryPlus and GoHexa.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based factory management software is offered for manufacturers. | factoryplus.in | Noida, India | 2021 | Nov 2023 | •••• | |
Cloud-based proximity marketing platform for retailers | cleanslatetechnologies.com | Mumbai, India | 2016 | Mar 2022 | •••• | |
AI and cloud-based student assessments are delivered to colleges. | gohexa.in | Bengaluru, India | 2018 | Jan 2022 | •••• |
Complete acquisition details for Bizongo
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Bizongo
8 dated milestones of Bizongo across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Bizongo is founded.
- Funding First funding round of $79K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires GoHexa.
- Acquisition Acquires Clean Slate Technologies.
- Milestone Reaches Soonicorn status.
- Acquisition Acquires FactoryPlus.
- Funding Latest funding round, Series E, of $4.5M.
Competitors of Bizongo
Bizongo has 3 listed competitors in our database, 3 of them funded. They include FlexiLoans, Lendingkart and Yubi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flexiloans.com | 2016 | Mumbai, India | $96.88M | 624 | Business loans and financial products for MSMEs are provided. | |
| lendingkart.com | 2014 | Ahmedabad, India | $260.24M | 790 | Provider of unsecured business loans and working capital financing to MSMEs | |
| go-yubi.com | 2020 | Chennai, India | $240.86M | 505 | Business loans are facilitated through an online debt marketplace. |
Detailed competitors of Bizongo
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Web traffic of Bizongo
The website of Bizongo (bizongo.com) receives about 16.1K visits a month.
- Monthly visits16.1K
▼ 4% vs previous month
Websites whose visitors overlap most with Bizongo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| paramountglobal.com | 100% | 23.1K | #1,334,250 | View details | |
packoi.com | packoi.com | 77% | #768,457 | – | |
| dragonsourcing.com | 77% | #1,217,100 | View details | ||
| jaggaer.com | 77% | 709.2K | #49,409 | View details | |
| packmojo.com | 77% | 65.9K | #615,510 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 38 similar websites and full traffic analytics for Bizongo
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- 38 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in B2B Marketplaces & Wholesale
2 companies that operate in the same segment as Bizongo (B2B Marketplaces & Wholesale) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online B2B marketplace connecting buyers and suppliers of diverse industrial products | 1999 | Noida, Uttar Pradesh, India | USD 38.2 M | USD 167.23 M | 6,222 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 783.57 M | USD 1.43 B | 2,645 |
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Related news about Bizongo
Complete news archive for Bizongo
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Frequently Asked Questions about Bizongo
Bizongo was founded in 2015.
Bizongo is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sachin Agrawal is the CEO of Bizongo, as recorded in our data. They have also founded this company.
Bizongo is a funded company, having raised a total of $257.08M across 16 funding rounds to date.
Bizongo has 250 employees.
The primary company behind Bizongo, Smartpaddle Technology Private Limited, reported revenue of ₹185 Cr for FY 2023, up 37% year on year.
Bizongo was founded in 2015 and is headquartered in Mumbai, India. A platform is operated to deliver AI-driven tools for vendor digitization, procurement management, and supply chain financing. Services include digital vendor management, material procurement oversight, packaging sourcing, and purchase order handling. Operations serve industries such as packaging, textiles, and apparel, with additional sectors supported through integrated solutions.
Bizongo's top competitors include FlexiLoans, Yubi and Lendingkart.
Bizongo offers Vendor Digitization Platform, InstaInvoice, and GoBiz Tender.
Bizongo has made 3 acquisitions, including Clean Slate Technologies, FactoryPlus, and GoHexa.
Bizongo has 34 investors. Key investors include IDFC First Bank, Accel, International Finance Corporation, Schroders, and British International Investment.
The valuation of Bizongo is $945.1M as of Oct 2023.