, Bangladesh
Logo of PriyoShop

PriyoShop raises $5m in pre-Series A funding round

The financing will help the company upgrade its tech infrastructure for its users.

Bangladesh-based e-commerce platform PriyoShop has raised $5m in a pre-Series A funding round led by Century Oak Ventures.

With the funding, PriyoShop has planned to upgrade its technology infrastructure for users and expand to new markets.

The financing will also help initiate transformative retail supply chain solutions to assist micro, small and medium-sized enterprises (MSMEs) in their respective sectors, making financial options and value-added services available.

PriyoShop sees this as one of its initiatives to modernise its operations by merging finance and technology, concentrating on providing an optimised shopping experience for small enterprises.

ALSO READ: Singapore's Qoo10 buys e-commerce platform Wish

“We have made a great difference in the lives of small business owners over the past two years. The capital will be strategically deployed to enhance our technology infrastructure, expand our reach, and introduce innovative solutions, including our financing services, helping us better serve MSMEs and retail partners,” Asikul Alam Khan, Founder and CEO of PriyoShop, said.

Currently, PriyoShop has over 55,000 merchants on the platform, with over 1 million more expected to be added this year. It has also formed exclusive partnerships with over 200 brands and suppliers, setting expansion into the food and beverage industry.

Kawan Lama Indonesia mengaburkan batas antara belanja online dan offline

Pengunjung  platform e-commerce grup, Ruparupa.

K3Mart memadukan budaya Korea dan produk UMKM lokal dalam satu gerai

Convenience store itu menyediakan perbandingan produk impor dan produk lokal sebesar 50:50 di 30 outlet mereka.

Meningkatkan penelusuran dan efisiensi manajemen inventaris dengan barcode 2D GS1

Barcode 2D ini berfungsi sebagai penyimpanan data yang kompak.

The Coffee Bean & Tea Leaf menyeimbangkan kualitas dan kenyamanan melalui produk ritel

Mereka memperluas rangkaian produk termasuk berbagai kopi single-origin yang disesuaikan dengan preferensi pemanggangan yang berbeda.

KCG menguasai brand positioning untuk segmen premium di Indonesia

Mereka mengadopsi solusi berbasis teknologi terbaru untuk sukses mengelola 92 toko ritel di 20 kota di Indonesia.

Ini alasan brand-brand mewah meningkatkan investasi AI

Sektor ini telah menginvestasikan lebih dari $360 juta dalam AI selama tiga tahun terakhir.

Bacha Coffee menguasai retail kaya sensorik di Jakarta

Memadukan warisan dan kemewahan, Bacha Coffee Plaza Senayan menghadirkan pengalaman unik bagi pecinta kopi Indonesia.

Bagaimana WCT Malls meningkatkan penjualan tenant melalui pemasaran terarah

Melalui pemasaran terarah, mal ini meningkatkan penjualan tenant dan tingkat okupansi.