ShopUp, a full-stack B2B commerce platform in Bangladesh, recently announced that it had received USD $30 million in debt funding, according to a report by Asia Tech Daily.
With so many events taking place throughout 2022, we can hope that the coming year will provide more opportunities for the local startups to flourish further in the grand scheme of things.
The Bangladeshi startup ecosystem has seen remarkable growth in the past few years with approximately 1,200 active startups across sectors, including fintech, logistics, healthcare, tourism, agriculture and education. In fact, startups like ShopUp, bKash, Pathao, Chaldal, Maya, Shajgoj, and iFarmer have innovated new products and processes to transform the market and have attracted millions of dollars in foreign investments for Bangladesh along with creating thousands of new jobs.
The country's largest business-to-business (B2B) e-commerce platform, ShopUp, has raised more than Tk 550 crore ($62.89 Million) in its latest round of fund-raising as it looks to ramp up its operation by bringing small neighbourhood groceries and small retail shops online.
ShopUp, the full-stack B2B commerce platform, recently soft-launched its brand new headquarters at the capital's SKS Tower in Mohakhali. ShopUp's new headquarters has a massive capacity of 60,000 square feet.
ShopUp, a full-stack B2B commerce platform in Bangladesh, recently announced that it had received USD $30 million in debt funding, according to a report by Asia Tech Daily.
With so many events taking place throughout 2022, we can hope that the coming year will provide more opportunities for the local startups to flourish further in the grand scheme of things.
The Bangladeshi startup ecosystem has seen remarkable growth in the past few years with approximately 1,200 active startups across sectors, including fintech, logistics, healthcare, tourism, agriculture and education. In fact, startups like ShopUp, bKash, Pathao, Chaldal, Maya, Shajgoj, and iFarmer have innovated new products and processes to transform the market and have attracted millions of dollars in foreign investments for Bangladesh along with creating thousands of new jobs.
The country's largest business-to-business (B2B) e-commerce platform, ShopUp, has raised more than Tk 550 crore ($62.89 Million) in its latest round of fund-raising as it looks to ramp up its operation by bringing small neighbourhood groceries and small retail shops online.
ShopUp, the full-stack B2B commerce platform, recently soft-launched its brand new headquarters at the capital's SKS Tower in Mohakhali. ShopUp's new headquarters has a massive capacity of 60,000 square feet.
