<ul data-eligibleForWebStory="false"><li>Bizongo refuted allegations of fraudulent diversion and misappropriation of funds amounting to Rs 69 crore by TradeCred.</li><li>Bizongo has repaid over Rs 184 crore to TradeCred in the past year, reducing its principal obligation to Rs 66 crore.</li><li>The company offered 10% equity to TradeCred and has reduced its net debt significantly, operating profitably in raw materials supply.</li><li>Bizongo stated it remains compliant with regulatory norms, prioritizes transparency, ethical conduct, and the trust of stakeholders.</li></ul>

Bizongo Denies Allegations Of Misappropriation, Says Repaid Rs 184 Crore To TradeCred Last Year

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