Bizongo, a B2B ecommerce and supply chain enablement platform, raised $110 million in a Series D round led by New York-based Tiger Global Management. Founded by three IIT graduates Aniket Deb, Ankit Tomar and Sachin Agrawal, Bizongo is digitising the massively fragmented B2B segment of made-to-order goods. With the latest round, Bizongo’s valuation has soared to $600 million, making it the market leader in the segment.
The company will deploy the fresh funds in ramping up its business and tech teams to develop a suite of digital services for both sides of the marketplace. It will also invest in nurturing