Bizongo - About the company
Bizongo is a series E company based in Mumbai (India), founded in 2015 by Ankit Tomar, Aniket Deb and Sachin Agrawal. It operates as a Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions. Bizongo has raised $307M in funding from investors like Accel, AddVentures and Schroders Capital, with a current valuation of $*****. The company has 678 active competitors, including 113 funded and 34 that have exited. Its top competitors include companies like Coupa, Zaggle and BharatPe.
Company Details
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions. It offers features including digital vendor management, material procurement management, supply chain financing, packaging sourcing, purchase order management, and more. It caters to multiple industries including packaging, textiles, apparel, and more.
- Website
- bizongo.com
- Social
- Email ID
- *****@bizongo.com
- Phone Number
- +91 **********
- Registered Address
- Level 1, HDIL, Kaledonia, Sahar Road, Andheri East, Andheri East, Mumbai, Mumbai, Maharashtra, India, 400069
Legal entities associated with Bizongo
Bizongo is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SMARTPADDLE TECHNOLOGY PRIVATE LIMITED CIN: U72300MH2015PTC263147 , India, Active | Mar 28, 2015 | $23.1M (As on Mar 31, 2023) | 40 (As on Mar 01, 2026) |
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Bizongo's funding and investors
Bizongo has raised a total funding of $307M over 15 rounds. Its first funding round was on Jul 24, 2015. Its latest funding round was a Series E round on Mar 11, 2025 for $*****. 4 investors participated in its latest round. Bizongo has 22 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of Bizongo:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 11, 2025 | 6849966 | Series E | 2239409 | 3936537 | 8511575 | 7976713 |
Oct 04, 2023 | 9679722 | Series E | 1132686 | 8411145 | 6234190 | |
Aug 03, 2022 | 5767109 | Series D | 4740468 | 7584695 | 1058650 |
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Bizongo's founders and board of directors
Founder? Claim ProfileHere are the details of Bizongo's key team members:
- Ankit Tomar: Former Co-Founder of Bizongo and founder of 1 other company. They are also an angel investor in 3 startups and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Aniket Deb: Former Co-Founder of Bizongo and founder of 1 other company. They are also an angel investor in 3 startups and serve on the board of 1 company.
- Sachin Agrawal: Co-Founder of Bizongo and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
Bizongo's Board of Directors
Bizongo's board has 5 active members. Arijit Sengupta, Ankit Tomar, Aniket Deb, Sachin Agrawal and Ranjith Menon are part of team.Here is the list of Bizongo's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 0m | |
Team | - | Current | 11y 1m | |
Team | - | Current | 11y 1m | |
Investor | B Capital | Current | 5y 4m | |
Investor | Chiratae Ventures | Current | 8y 0m |
View details of Bizongo's Founder profiles and Board Members
Bizongo's employee count trend
Bizongo has 91 employees as of Jul 25. Here is Bizongo's employee count trend over the years:
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Bizongo's Competitors and alternates
Top competitors of Bizongo include Coupa, Zaggle and BharatPe. Here is the list of Top 10 competitors of Bizongo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Coupa 2006, San Mateo (United States), Acquired | Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend | $169M | 87/100 | |
2nd | Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows | $13.7M | 84/100 | ||
3rd | Provider of payment solutions, lending, and investment opportunities for businesses | $584M | 83/100 | ||
4th | Provider of financial services specializing in personal, education, and business loans | $320M | 82/100 | ||
5th |  Funding Societies 2015, Singapore (Singapore), Series D | Digital platform providing financing solutions for small businesses | $242M | 82/100 | |
6th | Online marketplace for business loans | $241M | 79/100 | ||
7th | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | $307M | 77/100 | ||
8th | Provider of loan products and services for small and medium businesses | $90.8M | 77/100 | ||
9th | Provider of loans, credit cards, gold investment, insurance, and UPI | $215M | 77/100 | ||
10th | Concur 1988, Bellevue (United States), Acquired | Provider of travel, expense, and invoice management solutions for businesses | - | 75/100 |
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Bizongo's Latest cap tables and shareholding
Founders own 13.44%, Funds (largest shareholder) own 72.26%, Enterprises own 0.27% and Angels own 1.45%. The net worth of Bizongo's founders is INR 1,060Cr as of Oct 10, 2023.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 13.44% | 1,060Cr | 4969667 | 6024387 | 6283041 | 5429657 |
5597 | 1300 | 3211 | 4759 | 5419 | 8087 | |
6939 | 2579 | 8222 | 3532 | 7727 | 5883 | |
2974 | 9073 | 9740 | 5986 | 7023 | 1752 | |
Fund | 72.26% | 5,680Cr | 3784872 | 6878218 | 7004289 | 7391523 |
78 | 48 | 62 | 52 | 41 | 47 | |
0 | 0 | 0 | 0 | 0 | 0 | |
2324612 | 4131671 | 9741373 | 2250166 | 4299295 | 4839114 | |
692545 | 273944 | 737679 | 584780 | 138081 | 615609 | |
Enterprise | 0.27% | 20.9Cr | 0 | 0 | 0 | 0 |
Angel | 1.45% | 114Cr | 6 | 5 | 8 | 6 |
ESOP Pool | 10.04% | 789Cr | 9583416 | 1650680 | 5766912 | 8828592 |
Total | 97.46% | 7,660Cr | 7515644 | 6943235 | 5338849 | 4072067 |
To unlock detailed Cap Table of Bizongo Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Bizongo's Shareholding
Bizongo's Investments and acquisitions
Bizongo has made 1 investments in companies including Salt. Bizongo has also acquired 3 companies including FactoryPlus and Clean Slate Technologies.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Nov 21, 2023 | Acquisition | 2021 | Noida (India) | |
Mar 21, 2022 | Acquisition | 2016 | Mumbai (India) | |
Jan 11, 2022 | Acquisition | 2018 | Bengaluru (India) |
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Reports related to Bizongo
Here is the latest report on Bizongo's sector:
News related to Bizongo
Filter this listMedia has covered Bizongo for a total of 3 events in the last 1 year, 1 of them has been about company updates.
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Bizongo refutes allegations of misappropriation in TradeCred complaintYourStory•Jul 04, 2025•Bizongo
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Bizongo founders, investors face EOW complaint over alleged Rs 124 cr fraudMoneycontrol•Jul 03, 2025•TradeCred, Bizongo
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Bizongo Elevates Prahlad Krishnamurthi as CEO, Raises USD 4.5 Million in FundingIndiatimes•Mar 11, 2025•Bizongo, Accel Entertainment, B Capital, IFC and 1 other
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NALCO partners with Bizongo for digitised procurement solutions for industrial buyersConstructionWeekonline.in•Oct 28, 2024•NALCO, Bizongo
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Accel-backed Bizongo Appoints CEOs For Business Verticals, Group CTPO and CFOBW Disrupt•Sep 16, 2024•Bizongo
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Bizongo carves out BizongoFin, BizongoBuy as new businesses with senior appointmentsThe Economic Times•Sep 16, 2024•Bizongo
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