|Investor||Valar Ventures, Prosus Ventures|
Bangladesh ShopUp raised $75 million led by Valar Ventures, and Prosus Ventures in the series B financing round. ShopUp is a full-stack platform for B2B platforms.
CEO Afeef Zaman said that we started our operations in Asia and ex-investors backed us for the Asian market.
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We have Baki, REDX, integrated with ShopUp which helps us to grow 13X in revenue. eCommerce Platform ShopUp offers small traders and businesses doorstop logistic services so they can grow their businesses.
Valar Ventures said that Asia is the largest cluttered market in logistics and ShopUp help them to organise.