B2B ecommerce and supply chain enablement platform Bizongo has announced the acquihirement of Hexa, a cloud platform for college placements.
This is the first acquihire by the B2B SaaS platform, as it gears to innovate and launch new products in the made-to-order segment in the coming months.
The Co-Founder of Bengaluru-based EdTech platform Hexa, Shubam Goyal, Head of Product, will join Bizongo as Senior Product Manager and Sushmita Chavan, Co-founder and Head of Business Operations at Hexa, will join as Product Intelligence Specialist along with six other team members.
Ankit Tomar, Co-founder and CTO at Bizongo, said, “Bizongo has been on a high growth journey over the last year thanks to our people and the continuous product innovation. Hexa’s team has demonstrated a unique ability to stay true to their core – build technology solutions that bring a complete transformation to hitherto manual and time-consuming processes. We are excited to have Shubam, Sushmita and the team to drive Bizongo’s vision of championing digital transformation in the B2B customised-goods segment. Their passion and entrepreneurial mind-set are a perfect match for our team.”
“We are happy to create opportunities for young founders and entrepreneurs that give them a chance to work with the teams they nurtured and continue to work towards a common goal,” Tomar added.
Bizongo aims to add close to 100 people across its product, engineering and sales team by December 2022. The technology company is actively looking at acquihire as a way to strengthen its workforce.
Started in April 2020, Hexa is a cloud platform to increase placement ratio at the colleges. The start-up prepares students with industry-ready skills and powers colleges to connect with more companies for campus hiring.
Goyal said, “We are very excited to become a part of Bizongo, an industry leader in the B2B platform category. We have always believed in building products that solve some critical human challenges, and with Hexa we have been fairly successful. We believe our team will add a lot of value to Bizongo.”
“We are very happy to join Bizongo’s team. Hexa has always believed in being a cohesive bunch of innovators and the acquihire has given us a chance to continue working as a team together,” Chavan added.