ShopUp logo — Start Earning Today!

ShopUp

Start Earning Today!

Founded 2016 Bangladesh Bangladesh 23 employees Debt Financing Total: $231.74M B2B, E-Commerce +1

General Information

Company Name ShopUp
Founded Year 2016
Location Bangladesh Bangladesh
Founders / Decision Makers
Team member
Employees 23
Industries B2B, E-Commerce, Logistics
Funding Stage Debt Financing
Social

BounceWatch is an independent company data service, not affiliated with ShopUp. To contact ShopUp, visit shopup.com.bd.

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About ShopUp

ShopUp is a Bangladesh-based startup that provides an online platform for entrepreneurs to kickstart their businesses with zero investment. Founded in 2016, the company offers a wide range of wholesale products across 450+ categories, including grocery items and daily essentials. Its slogan, "Start Earning Today!" embodies its mission to empower business owners to earn from the comfort of their homes. In February 2023, ShopUp secured a significant $30.00M Debt Financing investment from City Bank and Lendable. This investment signifies the growing confidence of investors in the potential of ShopUp within the B2B, E-Commerce, and Logistics industries. With a focus on enabling entrepreneurship and facilitating online business, ShopUp appears to be a promising player in the startup ecosystem of Bangladesh.

Business keywords: Reseller App, Bangladesh, Small Business, B2B Commerce, Wholesale, Last-mile Logistics, Digital Credit, Social Commerce, Business Management, Online Business, Zero Investment, Dhaka

Funding Rounds & Investors (10)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $30.00M 2
The City Bank, Lendable
02 Feb 2023
Series B $65.00M 1
Valar Ventures
27 Jun 2022
Series B $34.00M 5
Lonsdale Social Innovation Capital, Omidyar Network +3
04 Jan 2022
Series B $75.00M 4
Valar Ventures, Flourish Ventures +2
07 Sep 2021
Series A $22.50M 4
Speedinvest, Lonsdale Social Innovation Capital +2
20 Oct 2020
Seed Round $2.50M 2
Surge, Flourish Ventures
19 Apr 2019
Seed Round $1.00M 2
Bill & Melinda Gates Foundation, Surge
19 Feb 2019
Seed Round $1.62M 1
Omidyar Network
12 Nov 2018
Grant Undisclosed 1
Ministry of Information and Communications Technology, Bangladesh
31 Aug 2018
Angel Round $120.00K -
23 Dec 2017

ShopUp Alternatives & Competitors

View All Alternatives
ShopUp vs
Checkbox
Checkbox Bangladesh

An omni-channel B2B commerce platform empowering micro-entrepreneurs to start their businesses witho...

Debt Financing
10 employees
B2B, E-Commerce
ShopUp vs

Delivering Happiness!

Series G
8372 employees
E-Commerce, Logistics
ShopUp vs
Sway
Sway United States

Transforming Shipping & Returns 📦 ✨

Series A
111 employees
E-Commerce, Internet

FAQ About ShopUp

Start Earning Today!
ShopUp was founded in 2016.
ShopUp is headquartered in Bangladesh.
ShopUp operates in B2B, E-Commerce and Logistics. Its work centres on Reseller App, Bangladesh, Small Business and B2B Commerce.
ShopUp has approximately 23 employees.
ShopUp has completed 10 funding rounds, raising a total of $231.74M. The latest funding stage is Debt Financing.
Top alternatives and competitors to ShopUp include Checkbox, Xpressbees (BusyBees Logistics Solutions Pvt. Ltd.), Sway, Rider (YC WC22), RouteKick. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ShopUp and Checkbox are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ShopUp, https://bouncewatch.com/company/shopup, updated 2 December 2024. When citing, please name BounceWatch and link this page.

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