Monday, December 11, 2023
HomeInsightFunding Alert Tech Startup Bizzo raises $2 mn in funding

[Funding alert] Tech Startup Bizzo raises $2 mn in funding

Tech Startup Bizzo
Tech Startup Bizzo

Bizzo, a tech startup has raised $2 million in a funding round from Orios Venture Partners and ICICI bank.

The startup plans to use the funds to help service entrepreneurs build, scale, and organize their businesses digitally.

The Mumbai-based Bizzo was founded in 2021 by Viineit Toshniiwal, It helps its users to create their own customized booking portal and empowers them to create a digital catalog of their services and link pricing and availability.

The startup focuses on empowering service providers to build, scale and organize their businesses digitally and aims to develop a universal vendor-side app to facilitate the digitization of services.

“We are delighted to have ICICI Bank and Orios on board as investors in Bizzo’s vision to digitally empower India’s vast SMB ecosystem. For too long now, India’s small businesses were pushed towards aggregation. However, the trend now is to move towards de-aggregation and reduced dependence on centralised monolith platforms with closed systems. The next decade is going to be all about unbundling and using open architecture-based systems that bring autonomy to small and independent businesses”, said, Viineit Toshniiwal, CEO and Co-Founder at Bizzo.

He added that the ultimate goal of Bizzo is to become a solution provider for SMB businesses wishing to join the digital mainstream and enjoy the benefits of digitisation.

The platform can be useful for the following types of services Accommodation, Transportation, Health & Sports, Tourism & Sightseeing Experience ,Tour Operators / Travel Agents, Hobbies Coaches, Spiritual, Personal Care Services, Home Nurses / Caregivers Doctors, Home Catering Service Providers, Drivers on Demand and etc.

“At Orios, we always back tenacious and visionary founders, especially those who are determined to become change-makers. Bizzo’s plan to empower the SMB services ecosystem is in line with our overall thesis of backing ideas that use technology to disrupt traditional ecosystems, thus, benefitting all stakeholders”, said, Anup Jain, Managing Partner, Orios Venture Partners.

About Bizzo

Bizzo is a Business App to manage bookings 24×7, digitally! BizzO helps users to create their own customized booking portal. It empowers him to create a digital catalog of their services and link pricing and availability, so as to offer a 24×7 online booking experience to their customers.

BizzO enables us to consolidate bookings from all social media platforms such as WhatsApp, Facebook Instagram, Justdial, and Google my business on a single App. BizzO automates its routine tasks such as bookings, generating confirmation vouchers, invoicing, collecting payments and managing rescheduling and refunds thus saving precious time.

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