PriyoShop, a B2B marketplace supporting small and medium businesses (SMEs), has raised $5 million in pre-Series A funding.
This landmark investment marks a significant moment for Bangladesh’s startup ecosystem, attracting investors from diverse regions like San Francisco, Dubai, and India.
PriyoShop empowers SMEs by connecting them with major brands and streamlining the supply chain.
Their platform offers efficient sourcing, competitive pricing, and next-day delivery, along with access to financing through their partnership with LankaBangla Financing.
With over 200 major brands like Pepsico and Coca-Cola already on board, PriyoShop aims to expand its reach and introduce innovative solutions.
PriyoShop currently serves around 55,000 merchants and envisions impacting over a million in the coming year.