Page 3 - B2b Startups
Ankiti Bose steps down from Zilingo board, was fired from firm in May
Bose was fired from the Singapore-based B2B e-commerce startup company on May 20 on grounds of financial irregularities
 "Ankiti Bose steps down from Zilingo board, was fired from firm in May")
3 friends set on a new path of building Udaan into a global public company
India's largest business-to-business e-commerce platform said it has achieved positive unit economics and gearing up for an IPO
 "3 friends set on a new path of building Udaan into a global public company")
InsurTech models to help Indian insurance mkt hit $222 bn by FY26: Redseer
New online distribution models such as B2C, B2B and B2B2C are key drivers of growth, with B2C in particular, gaining significant opportunities.
 "InsurTech models to help Indian insurance mkt hit $222 bn by FY26: Redseer")
Top B2B player Moglix bolsters top rung, elevates three execs as MDs
The announcement comes as a boost to Moglix's senior leadership as it is poised for global expansion and growth
 "Top B2B player Moglix bolsters top rung, elevates three execs as MDs")
Blockchain is completely useless for core banking: Bhavin Turakhia of Zeta
Serial entrepreneur dwells on banking software, blockchain and Zeta's technology roadmap in a conversation with Business Standard
Noida-based edtech startup Classplus raises $70 mn in fresh funding
The new funding round came eight months after Classplus raised a $65 million series C funding in June last year.
 "Noida-based edtech startup Classplus raises $70 mn in fresh funding")
Shipskart raises Rs 20.5 crore from Trail Mix Ventures, others
Tradeworks.vc, Motion Ventures and Eternia Investments also participated in the funding round.
B2B logistics tech platform Oorjaa raises Rs 9 cr in pre-Series A round
The funds will be used to focus on the product and tech development, expanding into new geographies and on working capital requirements
 "B2B logistics tech platform Oorjaa raises Rs 9 cr in pre-Series A round")
Smartron launches 2nd-gen tbike OneX for B2B segment; price at Rs 38,000
With this launch, the company said it now has five tbike models in its product portfolio
 "Smartron launches 2nd-gen tbike OneX for B2B segment; price at Rs 38,000")
Bosch acquires 26% stake in B2B e-commerce firm Autozilla Solutions
The Hyderabad-based, Autozilla Solutions specialises in the development of electronic parts catalogues for spare parts
 "Bosch acquires 26% stake in B2B e-commerce firm Autozilla Solutions")
ElasticRun, a B2B e-commerce start-up, raises $330 mn at $1.5-bn valuation
In the last round, which was Series D in April 2021, the e-commerce start-up had been valued at $400 million
 "ElasticRun, a B2B e-commerce start-up, raises $330 mn at $1.5-bn valuation")
Vaibhav Gupta's plan for Udaan's journey to IPO
The IPO of B2B e-commerce platform Udaan has the potential to impress investors. In a chat with Business Standard's Nivedita Mookerji, Udaan's CEO Vaibhav Gupta tells us about his IPO plans and more
 "Vaibhav Gupta's plan for Udaan's journey to IPO")
TMS Ep108: LIC IPO, Vaibhav Gupta of Udaan, nervous FIIs, OTT platform
What does the LIC IPO mean for investors and govt? What's Vaibhav Gupta's plan for Udaan's journey to market debut? What is making FIIs nervous? What is OTT platform? Find all answers here
 "TMS Ep108: LIC IPO, Vaibhav Gupta of Udaan, nervous FIIs, OTT platform")
B2B platform Bizongo concludes maiden ESOP buyback worth $3.7-mn
Business-to-business e-commerce and supply chain enablement platform Bizongo has announced the completion of its first employee stock ownership plan (ESOP) buyback programme worth USD 3.7 million.
 "B2B platform Bizongo concludes maiden ESOP buyback worth $3.7-mn")
Price Company emerging as lowest-cost community grocery e-commerce player
The udan-owned firm is benefitting immensely by riding on the massive Kirana stores, supply chain and logistics network and sourcing capabilities of udaan
 "Price Company emerging as lowest-cost community grocery e-commerce player")
B2B company Mintifi raises $40 mn in Series C funding to expand business
Mintifi works with over 100 leading brands that include Tata Motors, Bridgestone Tyres and Berger Paints for helping their supply chain
B2B e-commerce platform OfBusiness raises $325 mn at $5 bn valuation
Delhi-based startup that sells industrial goods online and provides financing to small businesses.
 "B2B e-commerce platform OfBusiness raises $325 mn at $5 bn valuation")
B2B ecommerce platform Bizongo raises $110 mn led by Tiger Capital
B2B ecommerce platform Bizongo on Monday said it has raised $110 million in a Series D round led by New York-based Tiger Global Management
 "B2B ecommerce platform Bizongo raises $110 mn led by Tiger Capital")
Nexprt raises $5 mn in seed round from Sequoia Capital India and Lightspeed
Early backers Titan Capital and other notable angel investors also participated; proceeds to be used to scale existing business and launch new verticals in manufacturing domain
 "Nexprt raises $5 mn in seed round from Sequoia Capital India and Lightspeed")
LenDenClub raises $10 mn in funding round, plans $1 bn loan book by FY23
Founded in 2016, LenDenClub uses technology to bring borrowers and investors on its platform.
 "LenDenClub raises $10 mn in funding round, plans $1 bn loan book by FY23")
