ShopUp is Bangladesh's leading full-stack B2B commerce platform for small businesses (online and offline).
ShopUp provides easy access to B2B sourcing, last-mile logistics, digital credit and business management solutions to small businesses.
ShopUp was founded in 2016 by Afeef Zubaer Zaman, Siffat Sarwar and Ataur Rahim Chowdhury. The company is headquartered in Dhaka, Bangladesh.
ShopUp offers a number of core services to small businesses including B2B sourcing through a wholesale marketplace, logistics, and working capital through partnerships with banks and other partners and business management solutions.
ShopUp’s B2B commerce app Mokam allows small retail shops to access products of manufacturers, producers and distributors with 24-hour doorstep delivery. The company also allows shop owners to buy products on credit using ShopUp’s Baki, a buy now, pay later product embedded in the app.
ShopUp operates a large last-mile logistics network in Bangladesh, REDX, and is committed to addressing gaps in the country’s food supply chain infrastructure.
ShopUp is backed by Valar Ventures, Tiger Global, Sequoia Capital India, Prosus Ventures, Flourish Ventures, VEON Ventures, Lendable, The City Bank, and others. The company raised $30M in Debt financing on Feb 01, 2023. This brings ShopUp's total funding to $232.4M to date.