ShopUp

Sequoia-backed ShopUp to expand reach as revenue tops $129m

Sequoia-backed ShopUp to expand reach as revenue tops $129m

The Bangladesh-based B2B platform plans to roll out its business in other developing markets, focusing on the Gulf region.
Miguel Cordon · · 2 min read
Sequoia-backed ShopUp doubles revenue in FY 2022

Sequoia-backed ShopUp doubles revenue in FY 2022

Its CFO Vashistha Maheshwari told Tech in Asia that in 2023, increasing monetization and hitting EBITDA breakeven are ShopUp’s key areas of focus.
Miguel Cordon · · 3 min read
Bangladesh-based B2B platform bags $30m in debt financing

Bangladesh-based B2B platform bags $30m in debt financing

The funding includes US$20 million from Lendable, marking the UK-based debt provider’s first bet in South Asia.
Gabriel Budi Sutrisno · · 1 min read
Peter Thiel’s Valar Ventures leads Bangladeshi ecommerce firm’s $65m raise

Peter Thiel’s Valar Ventures leads Bangladeshi ecommerce firm’s $65m raise

ShopUp provides buy now, pay later and last-mile logistics services to small sellers in Bangladesh.
Roehl Niño Bautista · · 1 min read

A strong start to the new year

Flipkart, Antiy, Remilk and more startups raised funds this week.
Stefanie Yeo · · 5 min read

Someone’s putting Bangladesh on the map

The Checkout is Tech in Asia’s free newsletter that breaks down the biggest stories and trends in ecommerce.
Nikita Puri · · 7 min read
  • Premium Content

Why Bangladesh’s rising star has big-name VCs hooked

ShopUp – perhaps the country’s most well-funded startup – is poised to become a dominant force in Bangladesh’s ecommerce industry.
Mike Aquino · · 8 min read
  • Briefing

Peter Thiel’s VC fund, Sequoia join $75m round of Bangladesh B2B commerce firm

ShopUp says the investment is the largest series B funding for a B2B commerce startup in South Asia.
Aditya Hadi Pratama · · 1 min read

Sequoia India, Flourish Ventures lead $22.5m round in Bangladeshi B2B commerce startup

The round is Sequoia Capital India and Flourish Ventures’ first investment in Bangladesh.
Doris Yu · · 2 min read
  • Briefing

In brief: Bangladesh-based fintech gets $1.62m from Omidyar Network

Facebook, Google, Amazon, and Grab also joined the round.
Aya Lin · · 1 min read
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