BizzSetu, an India-based SaaS-based Transaction Processing Platform (TPP) startup, raised seed funding from a group of individual investors.
With this funding, BizzSetu will now develop the final product and get the first set of users within 3 to 4 months.
Round: Seed Round
Funding Month: May 2022
Lead Investors: Undisclosed
Additional Investors: Undisclosed
Company Website: https://www.bizzsetu.com/
Software Category: Transaction Processing Platform (TPP)
About the Company: Co-founded by two brothers – Deepak Kedia and Narayan Kedia. BizzSetu, a SaaS-based Transaction Processing Platform for the MSME sector, BizzSetu is a bridge between transacting parties in the MSME sector in India. BizzSetu intends to solve the problem faced by small manufacturers and their customers in day-to-day transaction processing. Coming from a business family, the founders identified the problem faced by the manufacturing sector in handling transactions as the segment still uses conventional methods like phone, email, and the courier to handle transactions. With over two decades of combined experience in the service sector, the founders resolved to solve this problem by providing a single platform connecting various transacting parties and hence providing a seamless experience.