Bizongo acquires FactoryPlus to digitise MSME factory operations

Posted under: MSME
Date: 2023-11-22
Bizongo acquires FactoryPlus to digitise MSME factory operations

Bizongo, India's vendor digitization platform, has acquired FactoryPlus, a factory digitization app for MSME factories, aligning with Bizongo's vision to enable 'Business on the Go.' The acquisition aims to provide MSMEs with a user-friendly mobile solution for digitization. FactoryPlus' mobile-first SaaS capabilities, including factory inventory management, real-time raw material prices, a news feed, and digital catalogs, will be integrated into Bizongo. Bizongo aims to provide local manufacturers with AI-powered procurement solutions, enabling cost-effective sourcing from top vendors and enhancing cash conversion through financial solutions like Insta invoicing and e-waybill. Bizongo and FactoryPlus are forming a strategic alliance to help MSMEs digitize their manufacturing operations, leveraging digital processes and automated technologies to enhance efficiency and data-driven supply chains.

Read more at: ibsintelligence.com