B2B Platform Bizongo Acquires IoT Startup Clean Slate Technologies
Bizongo, a business-to-business (B2B) e-commerce and supply chain enablement platform, has acquired Mumbai based IoT (internet of things) and real-time location services solutions provider Clean Slate Technologies for an undisclosed amount.
Owned and operated by SmartPadle Technology Pvt Ltd, Bizongo plans to equip more than 100 Indian factories with its IoT powered cloud factory solution by 2023 through this acquisition of Clean Slate.
With this deal, Clean Slate’s team, including founding team members Siddharth Desai, Mayank Sharma, and Anubhaw Kumar, will join Bizongo.
Bizongo | B2B Platform For Made-to-Order Products
Founded in 2015 by three IIT graduates, Aniket Deb, Sachin Agrawal and Ankit Tomar, Bizongo enables businesses with services across vendor management, supply chain automation, and cash flow optimization using its proprietary digital platforms like Procure Live, Artwork Flow, and Partner Hub.
The B2B platform aims to empower businesses with reduced operational overhead, cost savings, and easier contract management with its bouquet of digital services in the era of increasing commodity prices.
Speaking about the development, Ankit Tomar, Co-founder and Chief Technology Officer, Bizongo, said,
“Cloud factories have a critical role to play here, as they enable a manufacturer to give complete visibility across floor level operations and also the entire value chain. With the acquisition of Clean Slate, we aim to empower and enable manufacturers across India to achieve their potential.”
Founded by Mayank Sharma, Siddharth Desai and Anubhaw Kumar in 2016, Clean Slate is a Mumbai-based bootstrapped startup helping factories and warehouses improve inventory accuracy, workforce productivity and optimize the MHE fleet.
As per Bizongo, the acquisition of Clean Slate Technologies will enable it to further strengthen its technological infrastructure and provide local manufacturers access to automation and real-time data analytics.
The startup added that the inter-connectivity between machinery would help small and medium manufacturers to limit supply chain disruptions, optimize production, and reduce time and effort in raising invoices and undertaking collections. This, in turn, will empower manufacturers to boost exports, compete with global competitors and add value differentiation by giving live visibility to customers.
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