Page 4 - B2b Startups

B2B platform Bizongo concludes maiden ESOP buyback worth $3.7-mn

Business-to-business e-commerce and supply chain enablement platform Bizongo has announced the completion of its first employee stock ownership plan (ESOP) buyback programme worth USD 3.7 million.

Price Company emerging as lowest-cost community grocery e-commerce player

The udan-owned firm is benefitting immensely by riding on the massive Kirana stores, supply chain and logistics network and sourcing capabilities of udaan

B2B company Mintifi raises $40 mn in Series C funding to expand business

Mintifi works with over 100 leading brands that include Tata Motors, Bridgestone Tyres and Berger Paints for helping their supply chain

B2B e-commerce platform OfBusiness raises $325 mn at $5 bn valuation

Delhi-based startup that sells industrial goods online and provides financing to small businesses.

B2B ecommerce platform Bizongo raises $110 mn led by Tiger Capital

B2B ecommerce platform Bizongo on Monday said it has raised $110 million in a Series D round led by New York-based Tiger Global Management

Nexprt raises $5 mn in seed round from Sequoia Capital India and Lightspeed

Early backers Titan Capital and other notable angel investors also participated; proceeds to be used to scale existing business and launch new verticals in manufacturing domain

LenDenClub raises $10 mn in funding round, plans $1 bn loan book by FY23

Founded in 2016, LenDenClub uses technology to bring borrowers and investors on its platform.

B2B packaging solutions startup DCGpac.com raises Rs 5 cr in pre-series A

DCGpac, which has sold over 200 million products across India so far, is growing more than 15 per cent month-on-month by revenue. It turned EBITDA positive this September

Udaan eyes funding to become largest B2B retail player in Asia

The company has already raised $1.2 billion and is currently valued at $3.1 billion

Udaan co-founder Sujeet Kumar on ambitions in a post-pandemic world

Co-founder Sujeet Kumar shares the story of how Udaan managed not only to sustain itself but also grow in spite of the pandemic disruption, in an exclusive interview with Business Standard

Udaan aims to have 100 exclusive brands in tie-up with small garment makers

Udaan exclusive brands have been specially created to help and empower small businesses - including manufacturers and retailers of Bharat to compete with established brands

Bizongo turns profitable; eyes $300 mn in annualised revenue by FY22

The tech-enabled B2B e-commerce platform for customised goods, has grown four times since the start of the year, and already surpassed $200 million in annualised revenue.

India's largest B2B e-comm firm Udaan starts 'Mega Bharat Sale' for kiranas

In view of the the upcoming festive season, the 'Mega Bharat Sale' will run from October 6 to October 12 on the Udaan platform

Jeff Bezos makes first-ever investment in southeast asia's e-commerce

Indonesian startup Ula offers technology solutions to small retailers and seeks to expand its base.

B2B networking platform Anar raises $6.2 mn in seed funding round

The Anar business app caters primarily to small-and-medium businesses (SMBs) across the value chain, from manufacturers to retailers and resellers, helping them connect and interact with one another

Udaan names co-founder Vaibhav Gupta as CEO, eyes IPO in 18-24 months

The other two co-founders, Amod Malviya and Sujeet Kumar, as Board members will actively work with Gupta to ensure the company effectively transitions to a CEO-led structure

Supply chain firm Delhivery acquires Spoton Logistics for unknown sum

Samara Capital and Xponentia, which together acquired Spoton from IEP in 2018, are making a full exit for cash as part of the deal

Credit in 2 minutes for 1.5 mn kiranas under Flipkart Wholesale's new plan

The digital B2B marketplace has announced the launch of industry-first credit programmes that aim to help kiranas manage their working capital and grow their business

Flipkart Wholesale plans to triple footprint in India by serving Kiranas

E-commerce adoption by kiranas on Flipkart Wholesale doubled in Jan-June this year over last year. This is seen growing 180% in July-December 2021, over the same period last year

Amazon enters India wealth management with bet on startup Smallcase

Smallcase improves digital access to capital markets by offering weighted portfolios of stocks and exchange traded funds.