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Posts Tagged ‘ Tolexo ’

Online business goods marketplace Tolexo shuts down retail B2B wing

Thursday, March 16, 2017 | More »

Tolexo
Noida-based IndiaMART InterMESH Ltd is shutting down the retail B2B wing of its online business goods marketplace Tolexo due to flagging sales and underperformance following the government’s demonetisation move, Dinesh Agarwal, the company’s founder and chief executive, told VCCircle. Ag...

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B2B marketplace OfBusiness raises $11 mn from Zodius Capital, Matrix Partners

Online business-to-business (B2B) marketplace OfBusiness has raised $11.1 million (around Rs 75 crore) in its Series B round of funding, led by Zodius Technology Opportunities Fund, it said in a statement. Existing investor Matrix Partners and angel investors also participated in the round. The Gurg...

13 December, 2016 | More »

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B2B packaging material marketplace Bizongo raises $3 mn from IDG, Accel

Smartpaddle Technology Pvt. Ltd, which owns and operates business-to-business (B2B) marketplace for packaging materials Bizongo, has raised $3 million (around Rs 20 crore) in Series A round of funding from IDG Ventures and existing investor Accel Partners. The Mumbai-based startup will use the money...

5 November, 2016 | More »

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How B2B marketplaces are riding the SME wave

Sanket Gupta, owner of Pune-based plastics products maker Shri Ram Plastics, hasn’t had to deal with the polymer traders in Pune and Mumbai since a business partner told him about online B2B marketplace Bizongo. He now buys goods worth Rs 10-12 lakh a month on the Bizongo platform. “We make the ...

14 April, 2016 | More »