ShopUp startup raises USD 74.4 million, becoming the most well-funded Bangladeshi startup.

After raising last year USD 22.5 million from the most renowned venture capital firms in the world: Omidyar, Sequoia Capital, Gates Foundation... and growing 15 times its initial size in one year, ShopUp is becoming the number one choice for the 4.6 million grocery stores or equivalent “neighborhood shops”, offering them more than 10,000 products, credit access, “last mile delivery”.

ShopUp is becoming at the same time for its 500,000 customers: a supplier, a bank, and a logistic company. All this available in a mobile phone application.

ShopUp shows all the signs to become the first billion-dollar startup in Bangladesh.

https://asia.nikkei.com/Spotlight/DealStreetAsia/Bangladeshi-retail-tech-startup-raises-74m-from-US-fund

https://www.cnbc.com/2018/07/17/shopup-bangladesh-start-up-uses-facebook-to-help-micro-entrepreneurs.html

https://www.dealstreetasia.com/stories/bangladesh-shopup-valar-ventures-258873/

https://www.dhakatribune.com/business/2021/06/09/op-ed-bangladesh-s-secret-weapon-to-becoming-the-next-economic-powerhouse

https://techcrunch.com/2020/10/19/shopup-raises-22-5-million-to-digitize-millions-of-mom-and-pop-shops-in-bangladesh/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAACLq1yvDXIRPvQPPsLhdA7agZODxDBq_8WdRl-gbXRqQEMGP8jixEbE2Dgw-1Itz48iOQtb4vlA9UeLqkbrEv7AVMFjt39ELYC4XvxshBd4YasV3yEirEQKIksLRceJChMD1O2rE6e3KoD3p9No1hCbxKjDTC4AhdlKSmzkFSCdL

https://thefinancialexpress.com.bd/views/shopups-journey-how-the-bangladeshi-startup-secures-the-largest-series-a-funding-1603899484