Mumbai-based packaging company Bizongo has raised $50 million in its series E funding round. Led by existing Schroder Adveq, the round witnessed participation from International Finance Corp, Chiratae Ventures, B Capital, and British International Investment. Bizongo focuses on digitizing the massively fragmented B2B segment of made-to-order goods. The fresh funds will be used for the firm’s aggressive expansion plans.
_
This article has been summarised for a quick read. You can find the original article on Deal Street Asia.