Bijnis raises USD 30 mln in Series B round

Tuesday 28 September 2021 11:03 CET | News

Bijnis, a B2B platform for manufacturers, has raised a USD 30 million in a Series B round led by Westbridge Capital.

The round also saw the participation of existing investors InfoEdge, Matrix Partners India, and Sequoia Capital India.

Bijnis will use the capital to grow its customer base comprising retailers and manufacturers, besides creating more efficient tools to help manufacturers manage their operations and supply chains better.

Bijnis connects factories and manufacturers, and looks to help them procure raw materials directly, besides managing logistics and payments. The startup caters to manufacturers and small businesses in fashion, footwear, and lifestyle sectors.

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Keywords: funding, SMEs, retail, startup
Categories: Payments & Commerce | Payments General
Countries: India
This article is part of category

Payments & Commerce