Bizongo, the B2B startup focused on the packaging industry, has raised Rs 825 crore in its Series D round of funding led by Tiger Global, according to regulatory filings.
In this transaction, Tiger Global has infused Rs 337.5 crore by subscribing to this issue, followed by Rs 131.25 crore each by B Capital and CDC Group. IFC, the private sector arm of World Bank, subscribed by injecting Rs 118.23 crore, and Schroder Capital infused Rs 60 crore.
The other investors in this round include Chiratae Ventures, Bruno E Raschle, Satyadharma Investments, and Castle Investments.
Reports indicate that the latest round of funding for Bizongo comes at a valuation of Rs 4,500 crore.
