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New Deal

New Deal

Announced

4 Oct 2023

Schroder Adveq led a $50m funding round in Bizongo.

Financials

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Transaction Value£39m

Consideration TypeCash

Capital Owned-

Capital Bid For-

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

bidder

International Finance Corporation

bidder

B Capital Group

bidder

Chiratae Ventures

bidder

Tiger Global Management

target

BIZONGO

bidder

Schroder Adveq

bidder

British International Investment

Sources

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Tags

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E-commerce

e-commerce packaging

India

Private Equity

Completed

Friendly

Acquisition

Minority

Private

Cross Border

Synopsis

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Schroder Adveq, a private equity firm, led a $50m funding round in Bizongo, an AI-powered vendor digitization platform provider.

Service Providers (1)

Dealmakers

legal advisors

Azb & Partners

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