Bizongo
Bizongo is an India-based B2B platform that digitizes vendor ecosystems for enterprises and MSMEs, embedding AI-powered supply chain financing, raw material procurement, and ESG compliance workflows on a single cloud stack. It serves 450+ enterprise customers and 7,500+ vendors across manufacturing and consumer industries.
- Company typePrivate
- Founded2015
- HeadquartersMumbai, India
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What Bizongo does
Bizongo (legally Smartpaddle Technology Private Limited) is a Mumbai-headquartered B2B platform company founded in 2015 that builds vendor digitization, raw material procurement, and embedded supply chain financing infrastructure for Indian enterprises and their SME vendor networks. Its core offering is a cloud platform that connects large brands, their suppliers (MSMEs), and financial institutions in a single three-sided workflow covering purchase orders, GST e-invoicing (InstaInvoice), delivery tracking, ESG scorecards, and AI-powered transaction scoring that underwrites the entire vendor base for lenders. The platform has processed more than 760,000 transactions and onboarded over 7,500 vendors and 450+ enterprise customers across industries including fashion, metals, pharma, FMCG, and packaging, facilitating approximately ₹14,000 crore of invoice financing.
Revenue is generated through three streams: platform and transaction fees from digital procurement services, subscription revenue from vendor digitization and compliance management, and interest or fee income from embedded supply chain financing routed through partner banks and NBFCs. Pricing is quote-based on enterprise requirements, transaction volumes, and customer turnover. The company operates a sales-led, enterprise-field-sales go-to-market targeting brands and large enterprises, complemented by a financial institution distribution channel. Its product surface spans BizongoBuy (raw material procurement, particularly aluminium and steel), BizongoFin (the carved-out supply chain financing vertical), FactoryIntel (IoT-based cloud factory management acquired via Clean Slate Technologies and FactoryPlus), and sub-brands ArtworkFlow and Desworks for creative and design workflows.
The company has scaled through multiple funding rounds — most recently a $50 million Series E led by Schroder Adveq in March 2026 at a $980 million valuation — and counts Tiger Global, IFC, British International Investment, Chiratae Ventures, Accel, and B Capital among its institutional shareholders. Prahlad Krishnamurthi was elevated to Group CEO in March 2025, replacing founder-led leadership, and the business is reported as profitable with Rs 184 crore of debt repaid (a 90% reduction). Bizongo currently operates only in India, leaving geographic expansion as an open vector.
Bizongo firmographics
Firmographics- Name
- Bizongo
- Legal name
- Smartpaddle Technology Private Limited
- Website
- https://bizongo.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Bizongo is an India-based B2B platform that digitizes vendor ecosystems for enterprises and MSMEs, embedding AI-powered supply chain financing, raw material procurement, and ESG compliance workflows on a single cloud stack. It serves 450+ enterprise customers and 7,500+ vendors across manufacturing and consumer industries.
- Ownership category
- akta.pro rank
Bizongo industry classification
Industry- Product category
- Vendor Digitization Platform
- NAICS
- Credit Card Issuing (52221)
- SIC
- Miscellaneous Business Credit Institution (6159), Finance Services (6199)
- akta.pro primary industry
- Data Platform, BI & Analytics Integration (BPAEAAAI)
- akta.pro secondary industries
- B2B / Invoice-Based BNPL (Trade Credit at Checkout) (FSAGAIAC), Augmented Analytics & AI-Assisted BI (NLQ/NLG, Insights) (HDAEAMAD)
Keywords
Where Bizongo is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
Bizongo business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Others
Revenue model
- Platform/Transaction Fees: Revenue from platform usage fees, transaction processing, and digital procurement services for brands and enterprises.
- Supply Chain Financing: Interest income from embedded supply chain financing through the platform's financial institution network, enabling early payments to vendors.
- Vendor Digitization Services: Subscription or service fees for vendor digitization, onboarding, and compliance management services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise/Brand Plans |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Bizongo product offering
Product offeringCore offering
Bizongo is a tech-enabled B2B platform that digitizes vendor ecosystems for brands and enterprises, covering purchase order management, delivery tracking, GST e-invoice generation, compliance monitoring, and ESG scoring. It operates embedded supply chain financing using a proprietary AI-powered transaction score, enabling financial institutions to underwrite the SME vendor network. Its BizongoBuy vertical enables raw material procurement (aluminium, steel), and acquired subsidiaries provide IoT-enabled cloud factory intelligence.
Product overview
Bizongo operates as a multi-module B2B platform-as-a-service offering, legally registered as Smartpaddle Technology Private Limited. The core platform centers on vendor digitization with embedded supply chain financing, supported by specialized modules including BizongoBuy (raw material procurement), BizongoFin (supply chain financing), FactoryIntel (cloud factory IoT), and features like InstaInvoice (GST e-invoicing), ESG Scorecard (compliance assessment), and RM Consolidation. The ecosystem includes sub-brands ArtworkFlow (AI creative management) and Desworks (design storytelling). Legacy products ProcureLive and PartnerPlus served as earlier B2B platforms before consolidation into the current unified architecture.
Differentiator
Problem solved
Functional benefit
Brands
- ArtworkFlow: AI Powered creative management software for artwork and design workflows.
- Desworks
- BizongoBuy
- BizongoFin
- Next by Bizongo
- InstaInvoice
Products and services
- Bizongo Vendor Digitization Platform India's leading vendor digitization platform with embedded financing that enables brands and enterprises to digitally transform their supply chain, standardize vendor operations, and provide access to supply chain financing through an integrated financial institution network.
- BizongoFin (Supply Chain Financing) Embedded supply chain financing vertical providing working capital management and supply chain financing solutions that enable early payments to vendors through a platform-integrated financial institution network, improving profitability and supply chain agility.
- BizongoBuy (NextBuy) Raw material procurement platform enabling businesses to source and purchase industrial raw materials such as aluminium, steel, and other materials with digitized procurement workflows and vendor management capabilities.
- FactoryIntel (Cloud Factory / FactoryPlus) Cloud factory solution providing IoT and factory intelligence capabilities for manufacturing operations monitoring and automation, enabling deployment of cloud solutions across factories.
- ArtworkFlow AI-powered creative management software for managing artwork, design approvals, and creative workflows in the supply chain process.
- Desworks Design storytelling tool enabling businesses to create and manage visual design assets and presentations for B2B communications.
- InstaInvoice AI-powered GST e-invoice generation feature that enables accurate invoice creation in 1-click for streamlined procure-to-pay lifecycle management.
- ESG Scorecard ESG compliance assessment tool that evaluates vendors on Environmental, Social, and Governance parameters, enabling brands to identify ESG-compliant suppliers and access government incentives.
Quantifiable outcome
- 760,626 transactions processed on the platform
- +7 more outcomes
Companies that use Bizongo
Customer profileNamed customers17 records
Segments3 records
Ideal customer profiles3 records
Bizongo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature6 records
Bizongo partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- NALCO (National Aluminium Company)coreBizongo signed MoU with NALCO to offer digital procurement solutions for industrial buyers through BizongoBuy platform. The partnership aims to meet rising demand for aluminium products via digital distribution, targeting 100+ aluminium & steel SME manufacturers.
- Clean Slate TechnologiescoreAcquired by Bizongo to provide IoT solutions to factories in India. The acquisition aimed to boost factory automation and intelligence within the Indian manufacturing sector, enhancing Bizongo's cloud factory capabilities.
Scale indicators12 records
Recent moves6 records
Expansion highlights5 records
Bizongo competitors and assessment
Company assessmentDirect peers
- Lendingkart: Lendingkart is an Indian B2B digital lending platform working capital loans to SMEs, comparable to the credit intermediation role Bizongo performs via its embedded financing flows.
- OfBusiness: OfBusiness is an Indian B2B platform providing raw material procurement (steel, polymers, commodities) with embedded financing for SMEs — directly comparable to Bizongo's procurement + lending model.
- Udaan: Udaan is a B2B commerce platform connecting manufacturers, wholesalers, and retailers across India, with embedded credit and logistics features that overlap with Bizongo's vendor digitization play.
- KredX: KredX is an Indian invoice financing and supply chain finance platform that enables MSMEs to access working capital — directly comparable to BizongoFin's embedded invoice financing.
- CredAble: CredAble is an Indian supply chain finance and working capital platform for enterprises and their SME ecosystems, directly comparable to BizongoFin's embedded SCF offerings.
- C2FO: C2FO operates a global working capital marketplace connecting enterprises and their suppliers for early payment, comparable to Bizongo's supply chain financing vertical.
- Moglix: Moglix is an India-headquartered B2B industrial procurement platform serving manufacturing OEMs and SMEs, with comparable verticals in raw material sourcing and supplier financing.
- Vayana Network: Vayana Network is an Indian trade finance and supply chain financing platform connecting buyers, suppliers, and financiers — overlapping with Bizongo's AI-powered transaction scoring and SCF network.
Broad incumbents
- Coupa Software: Coupa is a global business spend management platform with procurement, invoicing, and supply chain finance capabilities — a broad incumbent operating in the same enterprise procurement space as Bizongo.
- SAP Ariba: SAP Ariba is a global B2B procurement and supplier management platform used by large enterprises; a broad incumbent in the same category as Bizongo's vendor digitization platform.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Bizongo social profiles
Digital presenceBizongo compliance and trust
Trust signalCompliance2 records
Bizongo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bizongo leadership team
Management profileNumber of profiles
Profiles19 records
Bizongo subsidiaries and ownership
Company hierarchySubsidiaries4 records
Bizongo funding detail
Funding detailFunding overview
Funding rounds13 records
Investors19 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bizongo M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bizongo
What does Bizongo do?
Bizongo is a tech-enabled B2B platform that digitizes vendor ecosystems for brands and enterprises, covering purchase order management, delivery tracking, GST e-invoice generation, compliance monitoring, and ESG scoring. It operates embedded supply chain financing using a proprietary AI-powered transaction score, enabling financial institutions to underwrite the SME vendor network. Its BizongoBuy vertical enables raw material procurement (aluminium, steel), and acquired subsidiaries provide IoT-enabled cloud factory intelligence.
Is Bizongo a public or private company?
Bizongo is a private company. It is classified as venture growth investor backed and is currently operating.
When was Bizongo founded?
Bizongo was founded in 2015. It employs 251 to 500 people.
Where is Bizongo based?
Bizongo is headquartered in Mumbai, India, in the Asia region.
How does Bizongo make money?
Three revenue lines are on record. Platform/Transaction Fees are the primary driver. The others are supply Chain Financing and vendor Digitization Services.
Who are Bizongo's main competitors?
Direct peers on record are Lendingkart, OfBusiness, Udaan, KredX, CredAble, C2FO, Moglix and Vayana Network. Broad incumbents are Coupa Software and SAP Ariba.
Does Bizongo have an API?
No public API is recorded for Bizongo.
What industry is Bizongo in?
Bizongo's product category is Vendor Digitization Platform. Its primary akta.pro industry code is BPAEAAAI, Data Platform, BI & Analytics Integration, with a secondary code of FSAGAIAC, B2B / Invoice-Based BNPL (Trade Credit at Checkout). Its NAICS code is 52221 and its SIC code is 6159.