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ShopUp secures USD 30 million debt financing to fuel expansion and strengthen supply chain operations


  • ShopUp, the largest full-stack B2B commerce platform in Bangladesh, announces a major milestone in securing $30 million in debt financing.

  • The $30 million financing round was comprised of $20 million from Lendable, the global provider of debt to fintech companies in emerging markets, marking their first investment in South Asia.

Read more: ShopUp secures USD 30 million debt financing to fuel expansion and strengthen supply chain...

More Articles ...

  1. Carousell Group integrates Laku6 team, AI-first diagnostics technology to drive mobile recommerce expansion across Greater Southeast Asia
  2. SEAC Thailand Launches 456 Smart Learning Ecosystem To Upskill Learners
  3. The full Samsung Galaxy S23 line up is now available for pre-order from M1
  4. Over 3 million tonnes of ore extracted from Udokan copper deposit
  5. Skipton International Launches Limited Company Buy-To-Let Lending
  6. Avery Dennison wins AsiaStar 2022 award for AD CleanFlake
  7. Huobi Issued a Declaration in Response to Numerous Public Concerns
  8. Employee-Centric HR Policies Earn SABIC the Top Employer Award in APAC for a 10th Year Running
  9. Big C and DHL Supply Chain Thailand deploys electric trucks to reduce carbon emissions
  10. Dear Reality releases EXOVERB, unlocking a new dimension of spatial perception in stereo productions
  11. VACUUMSCHMELZE (VAC) Announces Binding Supply Agreement with General Motors (GM) to Support EV Growth
  12. Oasys to be Listed on Leading Japanese Crypto Exchange, bitbank
  13. D&A Jewellery: Spectacular Flagship Jewellery Boutique Opens In Singapore
  14. Metadream launches Bondee, a next-gen social app
  15. IMAX China Reports Second Highest CNY Four-Day IMAX box office total of RMB 161 million
  16. Prudential plc to open branch in Macau to provide life and health insurance solutions
  17. Singapore firms can now tap on Temus-IMDA’s talent conversion programme to fill tech roles
  18. Amazon Web Services powers Bondee to take the Asia social media scene by storm
  19. Trading, Simplified: Bybit Launches Unified Trading Account, Transforming the Trading Experience for Investors
  20. beIN SPORTS To Exclusively Broadcast Formula One In 10 Territories In Asia
  21. A Turning Point In Vietnam’s HealthTech: VinBrain Announces Collaboration with Microsoft To Expand AI-Powered Healthcare to Patients Worldwide
  22. Chinachem Group Confirms to make its Second Purchase in Prime London Office Building for £349.5m
  23. SIBUR develops proprietary special component for production of rubbers and SBS polymers
  24. Strength in sustainability: Vetter wins gold in EcoVadis ranking
  25. Asian Consumer Electronics Online Exhibition 2023 Grand Opening
  26. NTT deploys intra-mart’s capabilities in Hong Kong, launches new digital transformation solution
  27. Suvo Strategic Minerals completes acquisition of Muchea Silica Sand Project
  28. Triangle Energy hails new farm-in partner New Zealand Oil & Gas
  29. OMUSUBI Anniversary Celebrations – Brand New Stores in Taikoo Place and Lan Kwai Fong Incorporating Sustainability with the Authentic Taste of Japan – Recommendation of Omusubi and Soup Pairing Limited-time Triple Offers at Taikoo Place: Receive a Free C
  30. MSIG Renews Commitment to Food Aid Foundation
  31. YouBiz research reveals key trends and challenges facing Southeast Asian SMEs in 2023
  32. dobiQueen Launches 6-Hour Laundry Service
  33. Chubb Appoints Hng Keng Yoong to Lead its General Insurance Business in Singapore
  34. Schneider Electric named as a ‘Lighthouse’ in Diversity, Equity & Inclusion by the World Economic Forum
  35. PCCW/HKT Launches Metaverse Virtual World PCCW-HKT Futurera
  36. DEUTZ AG: ‘POWERING PROGRESS’ strategy program: DEUTZ enginges will continue to keep the world moving
  37. Clash of Clans Showcases Rabbit Year Publicity Animation, Releasing Limited-Edition Skins and Scenery
  38. Sunmood Divorce Consultancy Announces the Expansion of Customer Service Hours and the Implementation of a WhatsApp-based CRM System to Improve Divorce Services
  39. Chinese consumers are eager to purchase luxury as a means of social advancement and self-differentiation, finds KPMG report
  40. HSG Offers A Digital Payment Platform To ACU In Emerging Markets
  41. DHL Global Forwarding Asia Pacific recognized as Top Employer 2023
  42. DHL Express kicks off 2023 with Top Employer achievement for Asia Pacific
  43. Millennials have big wellness ambitions, but lack the means to achieve them, Bupa survey finds
  44. Hong Kong Baptist University heralds future cinematic experience by establishing the Visualisation Research Centre
  45. Moobicast Recognised as Participating Aggregator (PA) Under IMDA’s Full SSIR Regime, Implements Feature to Combat Fraudulent Messages
  46. COMIRNATY® Bivalent COVID-19 Vaccine is Officially Approved as Regular Imported Vaccine by the Pharmaceutical Administration Bureau of Macao SAR
  47. Qianhai’s First Major Project in Hong Kong: "Shenzhen and Hong Kong Join Hands to Win the Future" Introduced at the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone Promotion Conference held in Hong Kong
  48. Qianhai Announces Ten Major Events Marking its Comprehensive Deepening of Reform and Opening up
  49. ST Design’s Sale Soars 10 Times Through Youtube Promotion, and Bespoke Progress Tracking System Around the Corner
  50. Asian University for Women Celebrates Tenth Commencement; John Edward Sexton, President Emeritus of New York University and Champion of Global University Network will be the Commencement Speaker

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