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Thursday, March 3, 2022
Global Fame Awards organised by Vkonnect Star Events receives a starry turnout*
Wednesday, March 2, 2022
Balika Vadhu Actress Neha Marda Takes Free Publicity From PR firm Shimmer Entertainment, Refuses To Pay Later says Cofounder’s Namita Rajhans and Tasneem Lathiwala of Shimmer Entertainment
Bizongo’s revenue across textile hubs grows 20X in 11 months
as manufacturers adopt digitisation
Textile hubs of Tamil Nadu, Andhra Pradesh, and Karnataka are witnessing a rapid shift in MSMEs embracing technology platforms to fast track their business. Full stack B2B trade enablement platform Bizongo has seen its annualized revenue grow 20 times to INR 600 crore in the last 11 months from these regions.
Karnataka alone contributes 14 per cent to the national garment production in India and the state capital Bengaluru is known as the Garment Capital of India, owing to the presence of a large number of fabric and yarn manufacturers.
A substantial part of the growth is driven by the digitized and automated supply chain financing solution provided to manufacturers to help them with their credit and working capital needs. The steep rise in cotton prices and coal shortage have kept manufacturing units under pressure, increasing the need for MSMEs to seek credit to keep their production on track. Bizongo has been helping MSMEs with collateral free and minimum documentation working capital lines.
Bizongo’s Partner Hub platform helps textile manufacturers avail services across production planning, order delivery timelines, payment reconciliation, to do away with manual tasks. Bizongo has also launched IoT enabled cloud factory setups that power MSMEs to give real time updates to their enterprise customers about their products and order status, and also reduces time and effort in raising invoices and undertaking collections.
Bizongo’s supply chain finance model is rooted in generating free cash flow and offering faster access to working capital, which enables manufacturers to improve performance. This approach has spiraled the technology firm to become a market leader in the customized goods categories such as textiles, apparels and other contract manufactured goods.
Bizongo has strong partnerships with over 25 financial institutions to facilitate credit and working capital needs of MSMEs. Some of the enterprise customers are Hours Overseas, Tripal Traders, and Namo Traders.
Anupam Chaudhary, Owner, Namo Traders said, “Our sales have gone up by 45%. Despite the demand, we were facing challenges in supplying to our customers due to lack of working capital. Bizongo helped us achieve consistent growth in our business by resolving the issues around working capital.”
In 2021, the technology platform has facilitated INR 1200 cr through its supply chain financing.
The strong demand for digital platforms comes as enterprises face challenges arising from higher Total Cost of Ownership (TCO), manual processes, offline catalog and artwork management, ad-hoc vendor engagement, inaccurate purchase planning, high inventory, loss of sales, and delayed payments to vendor partners.
About Bizongo
Bizongo was founded in 2015 by three IIT graduates Aniket Deb, Sachin Agrawal, and Ankit Tomar, to digitally transform the fragmented and unorganized yet unique and ubiquitous B2B segment of customized goods. Today, the company focuses upon packaging, textiles, apparel & other contract manufacturing goods as its product portfolio and has a network of over 3,000 partner factories. Through its proprietary digital platforms, such as Procure Live, Partner Hub, and Artwork Flow, Bizongo offers Digital Vendor Management, Supply Chain Automation & Supply Chain Financing as key services to its enterprise customers. The B2B e-commerce platform services 300+ enterprise customers in fashion & lifestyle, pharmaceuticals, consumer discretionary, consumer staples, home & personal care, and
e-commerce.
Mediamax Entertainment presents a soulful track "O Bhole"
On the occasion of Maha Shivratri
Mediamax Entertainment presents ‘O Bhole’ featuring Sunny K, Music: Sushil Kumar Boghi, Singer/lyrics: Raj Kumar, Camera & post-production: Reg-D Production, Editor: Regan Dadu (Reg-D), Project Design: DJ Sheizwood (Ashish Chandra) and Concept & Direction: Manisha Kaushal
THIS SUMMER, CREATE LASTING MEMORIES WITH YOUR LOVED ONES BY INDULGING IN EXCITING ACTIVITIES ON YAS ISLAND, ABU DHABI.
Get blown away by the outstanding range of award-winning attractions available at Yas Island Abu Dhabi
Parents can book their vacations now at yasisland.ae
Yas
Island Abu Dhabi, one of the world’s leading entertainment and leisure
destinations, is the best place for kids to visit this vacation. From the
world’s fastest roller coaster, to its largest indoor theme park, to the
highest indoor climbing wall and biggest skydiving chamber, Yas Island Abu
Dhabi promises no one will ever be bored.
Parents can take their
little ones to Yas Island’s award-winning theme parks, dotted across the Island
including Ferrari World Abu Dhabi, Yas Water world Abu Dhabi, and Warner Bros.
World Abu Dhabi. Alternatively, kids can soar in a skydiving
chamber or scale to new heights at the climbing wall at CLYMBTM Abu Dhabi.
For some rest and relaxation, Yas Island has hotels galore such Hilton Abu
Dhabi Yas Island and the W Abu Dhabi - Yas Island, which offers unparalleled
views of the iconic Yas Marina Circuit. With over 2,000 rooms and suites across
eight hotels, offering parents an incredible diversity of hospitality options
ensuring their kids have the freedom to explore and experience the best of Yas
Island, Abu Dhabi.
Kids can gear up for the
action and head down to Yas Marina Circuit. Home to the Formula 1 Etihad
Airways Abu Dhabi Grand Prix, families can go on a motor-themed adventure with
a hair-raising tour around the Circuit, and parents can even demonstrate why
they rule the road when they hire one of the incredible cars available at Yas
Marina Circuit.
Are your kid's picky
eaters? On Yas Island, there’s something for everyone. With 165 restaurants
around Yas Island, the destination is bound to please the whole family. Make
sure to check out Yas Marina, home to some of Abu Dhabi’s most luxurious
super-yachts, with seven restaurants including the seafood eatery, Aquarium;
the artisanal lounge, Iris Yas Island; and the iconic Cipriani restaurant.
If parents want to have
some time for themselves while on vacation, Yas Island is the destination. They
can head to Yas Links, the Middle East’s first true Links coastal golf course,
ranked as the number two golf course in the Middle East. Alternatively, for a
truly rejuvenating vacation, slip into a lounger at Yas Beach, and enjoy the
sounds of the Arabian Gulf lapping the golden sands of Yas Island. And, if one
is wanting to relish a shopping opportunity, Abu Dhabi’s largest mall, Yas
Mall, offers a plethora of retail outlets, with 400 international brands and 79
restaurants and cafes.
Yas Island has all this and much more; so plan your Summer in advance & bring your kids to this exuberant land nestled on the golden coastline of Abu Dhabi & make the most of your child’s summer vacation by creating lasting memories with your loved ones.
Yas Island is one of the world’s fastest-growing leisure and entertainment destinations, located on the golden shores of Abu Dhabi - just 20 minutes from downtown Abu Dhabi and 50 minutes from Dubai. Yas Island offers holidaymakers a diverse mix of award-winning leisure and entertainment experiences, from one-of-a-kind theme parks, world-class shopping, and superb dining, to a links golf course, exciting water and motorsports, and spectacular musical, entertainment, and family events… all within the 25 sq km Island.
The first look Himanee Bhatia's debut novel ‘Ten Fireflies’ is gripping and fascinating.
Himanee shot to fame in her career as an actress with her short film ‘Act Normal’. She has also worked in the short film ‘Khat’ which was released on MX Player a few days back. Now turning an author, is certainly adding another feather to her hat.
'इलू इलू' म्हणत एलीची मराठी चित्रपटात एंट्री
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Connect to Future of Cooling with Whirlpool Voice and Wi-fi enabled 3D Cool Inverter AC in India Mumbai 7 th June 2019: Whirlpoo...
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DESIGNER, STYLIST SAAZISH SIDHU’S “STYLE IN THE CITY” Leading light of Indian fashion landscape, Designer, Stylist & Managing Di...
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COAL showcases at Archana Kochhar’s Fashion Connect in Jaipur. Jaipur, March 2019: COAL, a new entrant in the luxury handbag segmen...