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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.
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
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.
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.
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.”
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.
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.
Launched on Black Friday, the campaign provides a list of demands for Amazon, which include raising pay for workers in Amazon’s warehouses, extending paid sick leave, and allowing workers to organize in unions. Amazon warehouse workers risked their lives as essential workers.”.
Starling raised a huge new round in the fintech space, and Deliveroo dropped some financial numbers on its path to going public in short-order. Postscript raised $35 million for its Shopify-SMS service; Praava Health raised $10.6 million to bring better healthcare to Bangladesh.
In Bangladesh, students often rely on after school learning centers for study help or test preparation, but many of the best ones are concentrated in major cities. million seed round co-led by returning investor LearnStart (the seed fund of edtech investment firm Learn Capital) and Anchorless Bangladesh. .
South Africa, Zimbabwe and Bangladesh are some of the markets where the calling app is widely used. Talk360’s partnerships with agents like PesaPoint in Kenya and Flash in South Africa, also enables users to purchase airtime vouchers from a network of over 750,000 physical points of sale.
The company has now raised more than $80 million, and while it is not disclosing its valuation, PitchBook data notes that it is $715 million as of this round (which appears to have closed earlier in the year). Taptap Send has been steadily growing and adding more countries to its list of served markets.
My answer is two things: it helps me raise money for Benetech and the people I meet who are also social entrepreneurs are my closest peers in the world. Plus, they are expanding into other areas of sustainability work, such as solar powered water pumps in rural Bangladesh. In a great way!
Bangladesh, one of the largest exporters of ready-made garments, saw export earnings plunge from $34.13 The round brings Fashinza’s total raised to $135 million, which Gupta says is being used to refine the company’s supply chain technology and expand into new markets, including raw materials procurement.
Mumbai-headquartered Infra.Market said on Thursday it has raised $20 million in a Series B financing round. The four-year-old startup has raised about $50 million to date. Some of its clients are in Bangladesh, Malaysia, Singapore and Dubai. The startup aims to grow this figure to $300 million by March next year.
It’s been a while since KaiOS raised (or more specifically disclosed) outside investment: its last funding was in 2019, when it raised $50 million from investors including Cathay Innovation, Google and TCL. India, followed by China, Pakistan and Bangladesh, are the countries that dominate the feature phone market today.
The company announced today it has raised more than $1 million in seed funding, which it claims is one of the largest seed rounds ever for a Vietnamese health tech startup. Praava Health raises $10.6M to increase access to quality healthcare in Bangladesh.
For more about Brankas’ start, see TechCrunch’s 2019 profile of the company , the same year it raised its Series A. Tt will also announce partnerships with digital banks and fintech companies in Vietnam and Bangladesh, two new markets where Brankas will go live early this year.
Twinco Capital , a Madrid and Amsterdam-based startup making it easier to access supply chain finance, has raised €3 million in funding. Exporters in countries like Bangladesh, China or Vietnam that have been supplying European companies for years, with stable commercial relationships.
Months after the initial close of its seed round, Talk360 , a South African Voice over Internet Protocol (VoIP) startup, has raised an additional $3 million, bringing the total investment raised in the round to $7 million. South Africa’s Talk360 raises $4M to build single payment platform for Africa. seed funding.
The startup, which counts Nexus, Foundamental and Accel Partners among its investors, has raised about $275 million to date. “We Some of its clients are in Bangladesh, Malaysia, Singapore and Dubai. “We The new round valued Mumbai-headquartered Infra.Market at $2.5 We are delighted to double-down on our investment in Infra.Market.
A free agent is a person (many times a GenY, but not always ) who is a passionate about a social cause, but is working outside of a nonprofit organization to organize , mobilize , raise money , and engage with others. For example, in Bangladesh, people mistrust nonprofits, but they are more open to individuals.
Last year, rali_cap raised $2 million, money it has since deployed. Rali_cap is particular about startups in large markets across these regions — Nigeria, Egypt and South Africa in Africa; Brazil and Mexico in Latin America; and Pakistan and Bangladesh in South Asia. That’s one way we position ourselves.”
The latest round gives Amagi total funding raised to date of $150 million, Baskar Subramanian, co-founder and CEO of Amagi, told TechCrunch. How Bongo, the ‘Netflix of Bangladesh,’ won the local video streaming market with just $10M. Nadathur Holdings continues as an existing investor.
Their startup, five-month-old SourceWiz, said on Thursday it has raised $3 million in a round led by Blume Ventures and Falcon Edge Capital’s Alpha Wave Incubation (AWI). (A It also plans to expand its offerings to other Asian countries such as Bangladesh, Indonesia, and Vietnam in the future.
Four-year-old Infra.Market said on Thursday it has raised $100 million in a Series C round led by Tiger Global. The new round, which brings Infra.Market’s total to-date raise to about $150 million, comes just two months after the Mumbai-headquartered startup concluded its Series B round.
The consumer fintech company is focused on helping people build credit and raised $30 million in June 2021. In June of 2021, the company raised $150 million at a $2.17 In June of 2021, the company raised $150 million at a $2.17 The B2B payments company raised $200 million at a unicorn valuation in 2021. billion valuation.
Based in Singapore and San Francisco, Thunes is backed by investors including Insight Partners, GGV and Checkout.com, and has raised $130 million in funding to date. This enables many more consumers and small businesses to send funds to markets in Africa, Asia and Latin America, where digital wallets are often the default payment method.
For the unacquainted, Ramp is a spend management startup that last August raised $300 million at a $3.9 Other prominent players in the space include Brex, which last month announced a $300 million raise at a $12.3 billion valuation. billion. . Launching soon – a weekly fintech focused newsletter in your inbox. Sign up here !
For example, I'm planning on going to India and Bangladesh next month for the first time, and to Uganda and Sudan next year. My commitment was to take Bookshare.org international, including raising the money for making that possible. Bookshare.org Goes International This year marked my first attendance at the Clinton Global Initiative.
Their marketing has tangible results: in 2012 alone they raised $33 million, and over $8 million of that was raised through their online fundraising platform. At the time of writing this article nearly 180,000 people had collectively raised almost $29 million on charity: water’s online platform. Learn more here.
This charity also has offices in India , Nepal , and Tanzania operates its own projects and supports partners in Tanzania, India, and Nepal and works on behalf of children in places like the Occupied Palestinian Territories, Pakistan, Peru, Cambodia, China, and Bangladesh. It has just 20 UK-based staff.
Bfree , a Nigerian credit management fintech, has embarked on global expansion after raising $1.7 Funds that participated in the latest round included 4Di Capital, Octerra Capital, VestedWorld, Voltron Capital, Logos Ventures and several other angel investors, bringing the total capital raised by the Lagos-based startup to $2.5
He chronicled his story and work in Bangladesh using social media tools and engaging story telling techniques. Check out what the Austin area social media activists are doing to raise awareness about hunger and poverty in their local community. s why this project is called ???uncultured??? uncultured???
Each attending cooperative might represent, for example, 600 artists back home in Bangladesh. Oh yeah, and he used to organize a CROP walk almost every year in our town to raise money for local hunger agencies. As Thanksgiving approaches, I have a lot to be thankful for: my family, my friends, my work, my home and my health.
Raising money for personal causes, and medical fundraising, in particular, is having a moment in places like India with crowdfunding websites like GlobalGiving’s partner, Impact Guru. And the government of Bangladesh announced plans for a nationwide mobile payments system by early 2018.This
million: we raised X which equaled Y and resulted in Z. Based in Bangladesh, BRAC is one of the largest international development organizations in the world, and their 2018 Annual Report uses innovative design elements to present their numerous programs and initiatives in an accessible way. The annual report from 350.org
WHO And here’s a picture of a very happy lad, Mithu, in Bangladesh, proud of his improved pit latrine. Girl Up gives American girls the opportunity to channel their energy and compassion to raise awareness and funds for programs of the United Nations that help some of the world’s hardest-to-reach adolescent girls.
Put her friends on short-term discreet projects and managed to raise 40 million in 9 months. When you have a volunteer experience that makes you question your life or see that someone in Bangladesh is the same as you, it makes you more passionate to give back for the rest of your life. We want to drive the talent to nonprofits.
They clearly show how they raised X which equaled Y and resulted in Z. BRAC Based in Bangladesh, BRAC is one of the largest international development organizations in the world, and their 2018 Annual Report uses innovative design elements to present their numerous programs and initiatives in an accessible way.
While visiting Bangladesh in 2014 for a family wedding, however, Sinha had a “lightbulb moment” after her mother nearly died after an operation at a top private hospital. ” Born and raised in the United States, Sinha moved to Bangladesh in 2015 to start working on Praava. . million seed for regional expansion.
UNICEF’s impact has been far and wide during the global COVID-19 pandemic as the organization has worked to accelerate vaccination efforts , support children impacted by the pandemic , and raise critical awareness about mental health at a time when depression and anxiety are increasing at alarming rates. Photo credit: UNICEF.
This pipeline — from physical protest to social media to establishment outlets — is what has helped the convoy evolve from a local standoff into a televised event that can raise millions from supporters thousands of miles away. From physical protest to social media to establishment outlets.
The victims of Cyclone Sidr in the southwestern region of Bangladesh have immediate needs for relief items, including food and non-food items, emergency shelter, basic health care, clean water and more. I thought I'd highlight a few charitable organizations that are working to end hunger and some opportunities for donations.
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