CDC and AddVentures Lead USD51m Series C for Indian B2B Packaging Materials Marketplace Bizongo

Source(s): VCCircle

CDC Group and AddVentures led a USD51m Series C comprising a mix of debt and equity for Bizongo, an India-based B2B marketplace for packaging materials, with participation from Schroder Adveq and Bruno Raschle and follow-on from Accel, Chiratae Ventures and IFC. Stride Ventures, Trifecta Capital, TradeCred and IDFC First Bank provided debt funding as part of the round. Read more