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Covid born tech startup raises $2 million from ICICI Bank-led group of investors

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Bizzo plans to help service-preneurs to digitally build, scale and organise their businesses. Viineit Toshniiwal, CEO and Co-Founder at Bizzo said, “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 brings autonomy to small and independent businesses." Toshniiwal added, “India’s service businesses don't need middlemen, they need a medium, thus, Bizzo’s ultimate goal is to become the go-to solution provider for SMB businesses looking to join the digital mainstream and enjoy the perks of digitisation.

This funding is the first step towards achieving our dream." Anup Jain, Managing Partner, Orios Venture Partners also spoke about the funding into Bizzo’s app and said, “At Orios, we always back tenacious and visionary founders, especially those who are determined to become change-makers.

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