Mr. Aniket Deb is currently the Co-founder of Bizongo.

After graduating from IIT Bombay, Mr. Deb spent 5 months at Opera Solutions as a Solutions Analyst in Big Data, which was his first job. He was based out of Noida at the time. He then moved to Housing.com in Powai, Mumbai, to become an integral part of their Business Intelligence team. For the first time, he got a sense of startups and their pace of execution and ended up enjoying it a lot. After spending a year there, he decided to start his own venture, propelled by India’s Prime Minister, the Honourable Shri Narendra Modi’s ‘Make in India’ vision.

Mr. Deb conceptualised and started Bizongo in 2015 with his co-founders, Sachin and Ankit, at a time when the concept of B2B e-commerce in India was unheard of. They aspired to build India’s Alibaba and help Indian SMEs through a full-stack solution. They started with being a packaging marketplace and soon scaled rapidly because of their differentiated value proposition and best-in-class unit economics.

Post-COVID-19, they realized the merit of being category agnostic and pivoted into becoming an end-to-end supply chain platform with embedded working capital solutions. In October 2023, they raised their Series E round of capital at a $987 million valuation. They have marquee investors like Tiger Global, Accel, Chiratae Ventures, IFC, BII, BCapital, and Schroders, among others.

Throughout building the company, he and his co-founders empowered over 10,000 SMEs and disbursed over Rs. 12,000 Crores as working capital loans via their lending partners. During the peak of COVID-19, they enabled their partner manufacturers to start making PPE kits from scratch, which were then sold to Central Government institutions.

As a member of TEAM – Tech Entrepreneurs Association of Mumbai, Mr. Deb’s goal is to try and develop Mumbai into a full fledged innovation hub. He spends a lot of time with young founders and startup professionals, trying to help them navigate business and personal challenges.

Mr. Deb also has a strong academic orientation. In 2023, he co authored a case study on Bizongo withresearchers at Harvard Business School. In India, he spends time with engineering and business schools, trying to talk to their current students and further inspire them to pursue a career in entrepreneurship and possibly create an impact toward the Viksit Bharat 2047 goal.

In light of his efforts, he was recently invited by the Ministry of Youth Affairs and Sports as a domain expert for the Viksit Bharat manufacturing track, where he was in charge of creating a roadmap for a 25% share of manufacturing in India’s GDP during the year 2047. The presentation was made in front of PM Modi.

Among the many awards and accolades he has received are:

–  Fortune 40 Under 40, 2023.
–  BW Disrupt’s 40 Under 40, 2023.
–  Future Unicorn Award by Hurun India 2022.
–  BusinessWorld Young Entrepreneur Award 2020.
–  Forbes 30 Under 30 Asia, 2017.
–  Undergraduate Research Award URA01 at IIT Bombay 2009.

Any other interesting fact about yourself that you may like to share: I hail from a small town in West Bengal called Chandannagar, and my father is a pediatrician there. I have had limited exposure to the business world and had never seen any large sum of money get transacted/exchanged in front of me.

IIT Bombay has played a massive role in giving me a sense of confidence and a lifelong network of friends and well-wishers, which has definitely helped me become an established startup founder, something that would probably have been a distant dream during my childhood years.

Additionally, I love to talk to people with absolutely no agenda in mind, and it is my primary source of energy and helps me thrive in stressful situations

Hobbies:

–  Music – I love listening to Kishore Kumar and Lata Mangeshkar songs and singing the melodies sometimes.
–  Walks – I love taking walks in and around my house, especially when there is a light breeze blowing.
–  Journalling – I have the habit of writing down my thoughts, especially when I feel some clutter clogging my mind.