Aniket Deb (Bizongo)
Overview
Aniket Deb is an Indian entrepreneur known for co-founding Bizongo, a B2B e-commerce and supply chain platform that specializes in packaging, textiles, and other contract manufacturing goods. Established in 2015, Bizongo has been instrumental in digitizing the vendor management process and automating supply chains for small and medium-sized enterprises (SMEs) across India. With a focus on streamlined supply chain solutions and innovative vendor management, Aniket Deb has been a pivotal figure in advancing technology-driven solutions in the B2B sector.
Recent Developments
In recent years, Bizongo has witnessed significant developments under the leadership of Aniket Deb and his co-founders.
- April 2023: Bizongo raised $50 million in a Series E funding round, targeting a unicorn status and emphasizing its focus on digitizing supply chains and expanding its digital offerings.
- September 2024: The company announced strategic leadership changes, appointing Prahlad Krishnamurthi as CEO to drive Bizongo's next phase of growth.
- March 2025: Bizongo received another round of funding amounting to $4.5 million, aimed at scaling operations and achieving profitability by the fiscal year 2026.
- July 2025: Bizongo faced allegations of financial misappropriation related to its interactions with TradeCred. The company denied these allegations, emphasizing its adherence to ethical practices and commitment to resolving outstanding financial disputes amicably.
- July 2025: Despite these challenges, Bizongo managed to reduce its net debt significantly and maintain its position as an essential player in the B2B sector.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Aniket Deb |
| Born | India |
| Nationality | Indian |
| Occupation | Co-founder of Bizongo |
| Known For | B2B e-commerce, Supply Chain Digitization |
| Education | IIT Bombay |
Early Life and Education
Aniket Deb grew up in India with a keen interest in technology and innovation. He pursued his higher education at the prestigious Indian Institute of Technology (IIT) Bombay, where he studied disciplines that laid a strong foundation for his career in technology and entrepreneurship. Post-graduation, he briefly worked as a Solutions Analyst at Opera Solutions and joined the Business Intelligence team at Housing.com, experiences that instilled in him a deep appreciation for the impact of technology in business operations and startups.
Career and Notable Achievements
- 2015: Aniket co-founded Bizongo with the vision of creating a comprehensive platform to streamline the procurement and supply chain processes for SMEs in India.
- 2017: Recognized by Forbes in the '30 Under 30 - Asia - Retail & Ecommerce' for pioneering work in the e-commerce sector.
- 2019: Bizongo was ranked as the #1 fastest-growing technology startup in Deloitte's Technology Fast 50 India.
- 2020: Received the BusinessWorld Young Entrepreneur Award.
- 2023: Named in Fortune 40 Under 40, reflecting Bizongo's significant growth and impact.
Current Work and Impact
Currently, Bizongo is striving to become a leader in B2B supply chain automation and vendor management solutions in India. The platform's innovative approach in digitizing the fragmented B2B market has enabled numerous SMEs to enhance their operational efficiency and vendor reliability. Bizongo is actively working on expanding its geographical reach and integrating cutting-edge technology into its offerings, contributing significantly to the growth and digital transformation of India's B2B ecosystem.
Bizongo CEO
As of 2025, Bizongo's leadership includes Prahlad Krishnamurthi as the CEO. Under his leadership, the company is pursuing a strategic path to expand its operational scale and financial growth with the target of achieving profitability by FY26.
Bizongo Valuation
As of recent reports, Bizongo is valued at approximately $987 million, indicating its close proximity to achieving unicorn status. This valuation reflects the company's robust growth metrics and its pivotal role in India's B2B digital transformation.
Bizongo Funding
Bizongo has successfully raised substantial venture capital over the years, amounting to $257 million across various funding rounds. These investments came from prominent investors like Accel, B Capital, and Tiger Global, supporting Bizongo's expansion and technological advancements.
Conclusion
Aniket Deb has positioned himself as a foremost entrepreneur in India's tech-driven B2B sector. Through his leadership at Bizongo, he has significantly contributed to the automation and digitization of the supply chain and vendor management processes, benefiting countless SMEs. As Bizongo continues to grow and evolve, Aniket Deb's vision and innovative contributions will likely sustain its impact in the industry, potentially redefining the landscape of B2B commerce in India.