Smartpaddle Technology Private Limited - Company Profile

Founded by IIT Bombay and IIT Delhi graduates, Bizongo sells boxes, bags, containers and disposable food containers.

04 Jul 2024 mint

When you thought you were the boss of digitization for MSME factories, but then Bizongo comes along and acquires your app. Now you and your team are joining forces with Bizongo to help small manufacturers get the best deals on raw materials and get financing on the go. Bye bye Better Capital and Titan Capital, thanks for the seed money. FactoryPlus is all about making factories smarter, faster, and cheaper so owners can focus on growing their business. And Bizongo is all about connecting supply chains and improving cash flow with their fancy embedded solutions. Oh, and they just got a $50 million funding round but also had to lay off 15% of their staff. Ouch..

28 Dec 2023 Incubees

21 Nov 2023 Tech in Asia

Funding in Indian startups plummeted almost 38% from $139 million raised across 33 rounds in the same period last year, according to data provided by market intelligence firm Tracxn. .

06 Oct 2023 Economic Times

05 Oct 2023 Entrackr

"Startup Bizongo fires 50 employees after getting $50M funding. They say it's for 'business goals' but no one knows which teams were affected. Maybe they want to make more money by focusing on raw materials and procurement. But it's weird because they just got a lot of money and almost became a unicorn. Founded by IIT grads, Bizongo helps businesses manage vendors and supply chains. #startuplife #layoffs #moneytalks".

05 Oct 2023 Inc42 Media