M&A

B2B marketplace Bizongo acquihires college placements platform Hexa

Entrackr  

B2B e-commerce and supply chain enablement platform Bizongo has acquihired Bengaluru-based Hexa, a cloud platform for college placements. Hexa co-founder Shubam Goyal will join Bizongo as senior product manager and Sushmita Chavan, head of business operations at Hexa will join as product intelligence specialist along with six other team members. Hexa, started in April 2020 is a cloud platform to increase placement ratio at colleges, by preparing the students with industry ready skill sets. It also partnered with over 25 colleges and 10 partner companies to on-board over 15,000 students on its platform. Bizongo offers digital vendor management, supply chain automation & supply chain financing as key services to its enterprise customers. Bizongo had recently raised USD 110 million in its Series D round led by Tiger Global Management.

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