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Tiger Global-backed vendor digitisation platform Bizongo said Tuesday it has acquired Titan Capital-backed FactoryPlus, a factory digitisation app for micro, small and medium enterprises (MSMEs).
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A majority of the investment was seed-stage funding, across 92 rounds. In October last year, startups had raised a total of $1.14 billion across 149 rounds, as per Tracxn data. Signs of a funding winter had begun to emerge from September 2022.