Thu Aug 3, 2023 12:00 AM Final replace on: Thu Aug 3, 2023 12:11 AM
ShopUp, a B2B platform for small companies, has received “Funding Excellence Award” on the Bangladesh Startup Summit 2023 for elevating greater than $201 million from traders.
Afeef Zaman, founder and CEO of ShopUp, acquired the award from Prime Minister Sheikh Hasina on the inauguration ceremony of the Bangladesh Startup Summit 2023 on the InterContinental Dhaka on Saturday, stated a press launch.
“The popularity will encourage us to double down on our efforts to make sure inexpensive entry to high quality meals for a good portion of the inhabitants,” stated Md Raquibuddoula Chowdhury, director and head of name and communications at ShopUp.
ShopUp raised greater than $201 million from famend traders like Valar Ventures, Prosus, Sequoia Capital, Flourish Ventures, Tiger World, and plenty of extra.
With these investments, the corporate has established a nationwide community of small retailers that present entry to meals and family necessities for 20 million residents of the nation. Amongst others, Zunaid Ahmed Palak, state minister for ICT, was current.