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Bizongo eyes own warehouse network
Financial Express Chennai
|March 17, 2025
AS IT EYES the unicorn status, business-to-business (B2B) raw materials marketplace Bizongo, which is currently valued at $980 million, is enhancing its logistics vertical to boost its platform capabilities.
The logistics arm, launched in November 2023, currently works on an asset-light model with partnerships with vendors, but the startup intends to start owning warehouses in the future.
"Rather than owning the vehicles ourselves, we collaborate with transporters and empower them with technology to enhance tracking, turnaround times, and overall reliability. Currently, we do not have our own warehouse network, but we plan to add one in the future," Sachin Agrawal, chief executive and co-founder at Bizongo, said.
Dit verhaal komt uit de March 17, 2025-editie van Financial Express Chennai.
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