Bangladesh has reached a defining moment in its digital journey as ShopUp, a leading Bangladeshi startup, has raised $110 million and entered into a strategic merger with Sary, a Saudi-based B2B services and marketplace platform with a growing presence across the GCC region.
This marks one of the most significant global expansion milestones ever achieved by a startup from Bangladesh, said a statement issued by the Chief Adviser鈥檚 Press Wing.
This moment is more than a funding headline-it鈥檚 a clear signal that Bangladeshi startups are ready for the world stage.
To accelerate this momentum, Bangladesh Bank has committed to a landmark startup funding initiative of Tk聽800 crore in equity and Tk聽400 crore in debt.
This fund will serve as a catalytic boost for early and growth-stage startups, empowering local founders to innovate, scale and compete globally, the statement read.
