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Bizongo raised $30 million funding in Series C round

Nabanita Dutta

News Editor

Bizongo, a B2B packaging materials marketplace has raised $30 million in its Series C funding. Along with its existing investors, Swiss Hedge fund Schroder Adveq had led the round. Zurich-based Schroder Adveq manages assets of about $10 million, operates multiple investment strategies, manages private equity fund to fund and they believe that digitizing the B2B packaging marketplace has a bright future in the market.