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ShopUp raises $22.5 million to digitize millions of mom-and-pop shops in Bangladesh

TechCrunch

A startup that is aiming to digitize millions of neighborhood stores in Bangladesh just raised the country’s largest Series A financing round. Dhaka-headquartered ShopUp said on Tuesday it has raised $22.5 ShopUp has raised about $28 million to date. A young entrepreneur is building the Amazon of Bangladesh.

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Indonesian earned wage access platform Wagely raises $8.3M as it expands into Bangladesh

TechCrunch

Wagely , an earned wage access (EWA) platform based in Jakarta and Dhaka, has raised $8.3 Wagely, an Indonesian earned wage access and financial services platform, raises $5.6M. It brings wagely’s total raised to $14 million since it was launched in 2020. GajiGesa, a fintech for unbanked Indonesian workers, lands $6.6M

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Bangladesh-based Maya, a startup focused on accessible healthcare, raises $2.2 million seed round

TechCrunch

Based in Bangladesh, Maya is dedicated to making it easier for women to get healthcare, especially for sensitive issues like reproductive and mental health. The startup announced today it has raised $2.2 “Growing up in Bangladesh, we got minimum sexual education. million in seed funding.

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The power of corporate philanthropy to engage employees

Fast Company Tech

Google matched employee donations and the campaign raised over $800,000. The funds supported programs to immunize Syrian children in Iraq, Rohingya children in Bangladesh, and Brazilian children residing in the most remote areas of the Amazon. Google has also been a critical emergency giving partner of UNICEF.

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Fairbanc provides BNPL for micro-merchants in Indonesia

TechCrunch

Fairbanc announced today it has raised $4.8 Fairbanc was founded in 2019 by Wharton-graduate Mir Haque, who first piloted the startup in Bangladesh before choosing Indonesia as its main market. Haque was born in Bangladesh and described it to TechCrunch as “the birthplace of micro-finance.”

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Nomod raises $3.4M seed to allow merchants accept payments without hardware

TechCrunch

The company has raised $3.4 This suite of services is essential in the primary markets in which Nomod is aiming to build a significant merchant base, like Saudi Arabia, the UAE and Bangladesh. For Bangladesh, card POS hardware is pretty expensive for small and medium merchants.

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Chaldal, Bangladesh’s largest grocery delivery platform, raises $10M Series C

TechCrunch

Chaldal Wants To Become The Amazon Fresh Of Bangladesh’s Capital. “When we started, Instacart was still the dominant model, but we took a different stand and said we want to deliver from our own warehouses because that leads to better inventory management,” co-founder and chief executive officer Waseem Alim told TechCrunch.