Tiger Global led a $110m Series D round in Bizongo.

Financials

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Transaction Value£83m

Consideration TypeCash

Capital Owned-

Capital Bid For-

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

target

BIZONGO

bidder

Tiger Global Management

bidder

B Capital Group

bidder

International Finance Corporation

bidder

Cdc Investment Works

Sources

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Tags

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E-commerce

Minority

Private

e-commerce packaging

Acquisition

Single Bidder

Cross Border

Friendly

India

Venture Capital

Private Equity

Completed

Synopsis

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Tiger Global led a $110m Series D round in Bizongo, an e-commerce focused packaging company, with participation from B Capital, IFC and CDC. Bizongo’s total fundraising now stands at $187m since it was started in 2015 by founders Sachin Agarwal, Aniket Deb and Ankit Tomar.