ShopUp
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.
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.
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.
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.
A strong start to the new year
Flipkart, Antiy, Remilk and more startups raised funds this week.
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.
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.
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.
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.
In brief: Bangladesh-based fintech gets $1.62m from Omidyar Network
Facebook, Google, Amazon, and Grab also joined the round.
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