bangladesh
Alibaba extends logistics arm to Pakistan for e-commerce unit Daraz
Cainiao, the logistics service operated by Alibaba, is launching two automated distribution centers in Karachi and Lahore as its first entry into Pakistan, it announced on Friday. Alibaba’s over
South Africa’s Talk360 raises $4M to build single payment platform for Africa
Many businesses looking to set up pan-African operations are often met with the challenge of establishing payment services that are appropriate for each country they go to. Most of the payment service
RaliCap gets backing from global VCs and launches $30M fintech fund for emerging markets
RaliCap, an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. Last month, the firm, formerly known as Rally Cap Ventures, reached its first close
Tofino Capital reaches first close of $10M fund to back startups in frontier markets
Tofino Capital, a venture capital firm targeting early-stage startups in emerging markets, has launched its $10 million fund. It is announcing the first close of this fund at $5 million and hopes to a
Indonesian earned wage access platform Wagely raises $8.3M as it expands into Bangladesh
Wagely, an earned wage access (EWA) platform based in Jakarta and Dhaka, has raised $8.3 million in pre-Series A funding, just seven months after announcing its seed round. The new funds will be used
Nigerian ethical credit-recovery fintech Bfree secures $1.7M, expands to Asia, Europe, South America and across Africa
Bfree, a Nigerian credit management fintech, has embarked on global expansion after raising $1.7 million in a pre-Series A round, to tap the opportunities in emerging markets, where digital lending ap
Taptap Send raises $65M to build cross-border remittances focused on the most underserved markets
Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing countries, off t
Google’s Area 120 launches Qaya, a service offering web storefronts for digital creators
A team at Google is today launching a new service called Qaya, which will allow creators to easily set up new web storefronts where they can sell their products and services directly to their audience
SOSV, SBK Tech Ventures and Miaki start a new accelerator in Bangladesh
SOSV, the venture capital firm known for its vertical-focused accelerators like HAX, is expanding its footprint to Bangladesh. SOSV’s Asia-focused accelerator called MOX, SBK Tech Ventures (an e
Meet the startups changing mobility for emerging middle classes
In emerging economies, where spending billions to build public transit infrastructure can be out of reach, startups are using technology to meet the mobility needs of a rising urban middle class. Swvl
Chaldal, Bangladesh’s largest grocery delivery platform, raises $10M Series C
Founded in 2013, Bangladesh’s Chaldal was one of the first grocery delivery startups in the world to use the “dark” store model, picking up orders from its own warehouses instead of retail s
Commerce platform ShopUp raises $75 million in Bangladesh’s largest funding
ShopUp, a startup that is digitizing neighborhood stores in Bangladesh, has raised $75 million in a new financing round that is also the largest in the South Asian market. Peter Thiel’s Valar Ventur
Shikho, an edtech startup focused on Bangladesh’s students, gets $1.3M seed
In Bangladesh, students often rely on after-school learning centers for study help or test preparation, but many of the best ones are concentrated in major cities. Edtech startup Shikho was created to
Maya, a startup focused on accessible healthcare in Asia, raises $2.2 million seed for regional expansion
Maya is dedicated to making it easier for women to get healthcare, especially for sensitive issues like reproductive and mental health. Now the startup, based in Bangladesh and incorporated in Singapo
Moderna is developing three new mRNA-based vaccines for seasonal flu, HIV and Nipah virus
Moderna, the biotech company behind one of the two mRNA-based vaccines currently being rolled out globally to stem the tide of COVID-19, has announced that it will pursue development programs around t
ShopUp raises $22.5 million to digitize millions of mom-and-pop shops in Bangladesh
A startup that is aiming to digitize millions of neighborhood stores in Bangladesh just raised the country’s largest Series A financing round. Dhaka-headquartered ShopUp said on Tuesday it has raise
Google’s AI-powered flood alerts now cover all of India and parts of Bangladesh
India, the world’s second most populated nation, sees more than 20% of the global flood-related fatalities each year as overrun riverbanks sweep tens of thousands of homes with them. Two years ago,
Google launches Kormo app in India to help people find entry-level jobs
Google said on Wednesday it has expanded its jobs app, called Kormo Jobs, to India as the search giant looks to offer a helping hand to millions looking for entry-level roles and further displace Micr
Bangladesh regulator orders telcos to stop providing free access to social media
Bangladesh’s regulator has ordered telecom operators and other internet providers in the nation to stop providing free access to social media services, becoming the latest market in Asia to take
Tibet to become China’s data gateway to South Asia
A sprawling 645,000-square-meter data facility is going up on the top of the world to power data exchange between China and its neighboring countries in South Asia. The cloud computing and data center