Top deals of Sept 29-Oct 5: B2B platform Bizongo raises $50 million

Smartpaddle Technology, operating under the trade name Bizongo, secured Series E funding of $50 million from Schroder Adveq, International Finance Corporation (the private equity arm of the World Bank), Chiratae Ventures (IDG), B Capital, and British International Investment (CDC Group), according to PrivateCircle Research.

Mumbai-based Bizongo is a vendor digitisation platform offering supply chain automation and financing, and procure-to-pay visibility for packaging, apparel, and other customised goods. It has raised the amount at a valuation of $980 million, just $20 million short of reaching unicorn status.

Bolt Earth, run by Revos Auto Tech Pte Ltd, raised $20 million from Union Square Ventures, Prime Venture Partners, and ITI Growth Opportunities Fund. The Bengaluru-based startup offers charging infrastructure and software products for electric vehicles (EVs). It will use the funds to expand its footprint domestically and enter into new markets.

Healthcare platform Clinikally Digital Health raised $7 million from Rebel Fund, Arash Ferdowsi, Kunal Shah, Austen Allred, Alagu Periyannan, Tanay Tandon, Deepika Bodapati, James Beshara, Y Combinator, Tribe Capital, Goodwater Capital, Sequoia Scout Fund, and Qasar Younis. The startup links consumers with licensed dermatology practitioners for conditions such as acne, hair loss, male or female pattern balding, eczema and rosacea.

Fintech startup Dpdzero Technologies raised seed funding of $6 million from Nikhil Kumar, Blume Ventures, India Quotient, and Sunil Gulati. It will use the funds for strategic allocation, enhancement of product distribution, product development, and talent acquisition.

ClearFeed, an enterprise conversation support platform, has raised $4 million in seed funding from Surge and 8VC. It will use the funds for product development and in its India expansion plans.