[Funding alert] B2B ecommerce player Bizongo completes $51M funding round

[Funding alert] B2B ecommerce player Bizongo completes $51M funding round
Apart from the equity investments, the Mumbai-based company has also raised debt from Strides, Trifecta Capital, Tradecred, and IDFC First Bank, the B2B ecommerce player said.
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$51 million fresh funding exercise, with investments from the British government's development finance body
CDC and Thailand-based
Addventures, a corporate arm of SCG.
Commitments from the two new investors are the second tranche of the $51 million Series C funding efforts, an official statement said. Bizongo added that other investors who participated in the first tranche included Schroder Adveq, Bruno Raschle, and existing investors Accel, Chiratae, and IFC.

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