ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Bangladeshi retail tech startup raises $74m from US fund

ShopUp to expand mobile-first digital platform for mom-and-pop shops

A man sells vegetables on the street in Dhaka on July 6. Bangladesh is one of the most fragmented retail markets in Asia and has huge potential to grow.   © Reuters

SINGAPORE -- ShopUp, a Bangladesh-based startup that is trying to digitalize mom-and-pop shops in the country, has raised $74.4 million in a round led by Valar Ventures, according to Accounting and Corporate Regulatory Authority filings seen by DealStreetAsia.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more