Homevideos Newsstartup News

    Startup Street: ShopUp raises $75 mn in series B funding

    videos | IST

    Startup Street: ShopUp raises $75 mn in series B funding


    Bangladesh-based B2B commerce startup ShopUp secures $75 million in a new round of funding led by Peter Thiel's Valar Ventures, with participation from Prosus ventures, Sequoia Capital and Flourish Ventures.

    Bangladesh's full-stack business-to-business (B2B) commerce platform ShopUp has raised $75 million in a series B funding round led by Peter Thiel's Valar Ventures.
    The round also included investment from Prosus Ventures, the venture investment arm of Prosus, along with existing investors Flourish Ventures, Sequoia Capital India, and VEON Ventures.
    This new round of funding comes only 10 months after the startup announced its series A round of $22.5 million and this round brings ShopUp’s total funding to over $110 million. To talk about ShopUp’s future road map, its co-founder and CEO, Afeef Zaman spoke to Startup Street.
    Watch accompanying video for more.
    Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
    next story

      Most Read

      Market Movers

      View All