How much funding has ShopUp raised?

ShopUp has raised $259.0M in total funding, most recently a Series C round.

Who are ShopUp's investors?

ShopUp's investors include Valar Ventures, Sanabil Investments, Prosus, Flourish Ventures, Sequoia Capital.

Where is ShopUp headquartered?

ShopUp is headquartered in Dhaka, Bangladesh.

What industry is ShopUp in?

ShopUp operates in E-Commerce, Fintech, Logistics.

ShopUp

Acquired

Small Businesses, Big Impact

Dhaka, Bangladesh · Founded 2017 · $259.0M raised

E-Commerce

Fintech

Logistics

Headquarters: Dhaka
Employees: 501–1000
Founded: 2017
Business Model: B2B

Website: shopup.org
Total Funding: $259.0M
Last Round: $96.5M Series CAug 2024
Rounds: 5

About

ShopUp is Bangladesh's leading full-stack B2B commerce platform, operating two core products: Mokam, a B2B sourcing marketplace connecting mills and manufacturers to neighborhood retail shops, and REDX, the country's largest last-mile logistics network spanning 493 sub-districts across 64 districts. The platform also offers BNPL financing solutions, enabling small retailers to access inventory, delivery, and working capital in one place.

Summary

ShopUp is an E-Commerce company based in Dhaka, Bangladesh, founded in 2017. It has raised $259.0M in total across 5 rounds, most recently a $96.5M Series C round in Aug 2024. Investors include Valar Ventures, Sanabil Investments and Prosus.

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