Bizongo, a business-to-business marketplace for packaging materials, is raising $15 million from existing investors, including global technology fund B Capital and International Finance Corporation (IFC). The funding is expected to be part of the company’s Series C round, which may also see participation from Accel and Chiratae Ventures. The company’s valuation post this round stands at over $95 million. — Dealstreetasia

Samvad Partners advised Smartpaddle Technology Private Limited, which operates Bizongo, led by a team of partner Junaira Rahman, associate Sanjana Mathur and associate Nikita Tanwar.

J Sagar Associates (JSA) Gurgaon advised B Capital Asia I LP.

2019-07-11

Deal value: Confidential

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