Bengaluru-based reverse logistics solutions startup Bizlog has raised ₹12 crore in a pre-Series A round led by IAN Fund. Founded by HS Srinivasan, Krishnan Rajan and EV Shunmugam, Bizlog provides services to organisations to help solve their returns management and reverse logistics issues. It currently offers services in over 30 cities, including Baroda, Pune and Ludhiana.