Bijnis Rebrands as Zorit and Raises ₹27 Crore
Delhi-based B2B ecommerce startup Bijnis has changed its name to Zorit. It raised ₹27 crore in a funding round led by Sparrow, and the company focuses on quick commerce for businesses.
Quick glossaryZorit, B2B quick commerce, Soonicorn
- Zorit
- The new name of the Delhi startup, formerly called Bijnis, which sells goods to businesses online.
- B2B quick commerce
- Fast online delivery of stock and goods between businesses, such as shops ordering supplies in a rush.
- Soonicorn
- A startup valued close to a billion dollars but not yet above that mark.
Burning Potato score: 69%