About PriyoShop Retail
PriyoShop Retail is a company based in Dhaka (Bangladesh) founded in 2013 by S M Ashik Ahmed, Dipty Mandal, and Asikul Alam Khan.. PriyoShop Retail has raised $5.61 million across 6 funding rounds from investors including Century Oak Ventures, SOSV and GFR Fund. PriyoShop Retail operates in a competitive market with competitors including Sindabad, ECPlaza, EC21 Inc, Shodagor and BongoBaba, among others.
- Headquarter Dhaka, Bangladesh
- Founders S M Ashik Ahmed, Dipty Mandal, Asikul Alam Khan
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Priyoshop Pte. Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.61 M (USD)
in 6 rounds
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Latest Funding Round
$5 M (USD), Seed
Feb 19, 2024
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Investors
Century Oak Ventures
& 13 more
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Employee Count
Employee Count
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Funding Insights of PriyoShop Retail
PriyoShop Retail has successfully raised a total of $5.61M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $5 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Seed — $5.0M
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First Round
First Round
(01 Jun 2018)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - PriyoShop Retail | Valuation | Century Oak Ventures | |
| Feb, 2023 | Amount | Seed - PriyoShop Retail | Valuation |
investors |
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| Jun, 2022 | Amount | Seed - PriyoShop Retail | Valuation | Orbit Startups |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PriyoShop Retail
PriyoShop Retail has secured backing from 14 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Century Oak Ventures, SOSV and GFR Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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A venture capital firm based in Dubai is operated.
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Founded Year | Domain | Location | |
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Venture capital and accelerator services are provided across multiple sectors.
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Founded Year | Domain | Location | |
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Early-stage VR/AR startups are funded by GFR Fund.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PriyoShop Retail
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PriyoShop Retail
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Priyoshop Retail Comparisons
Competitors of PriyoShop Retail
PriyoShop Retail operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sindabad, ECPlaza, EC21 Inc, Shodagor and BongoBaba, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category products are supplied via a B2B platform.
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| domain | founded_year | HQ Location |
Multi-category products are facilitated via an online B2B marketplace.
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| domain | founded_year | HQ Location |
Multi-category products are offered via an online B2B listing platform.
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| domain | founded_year | HQ Location |
An online B2B wholesale marketplace for a wide range of product categories.
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| domain | founded_year | HQ Location |
Functions as an online e-distributor providing a variety of multi-category products to businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Priyoshop Retail
Frequently Asked Questions about PriyoShop Retail
When was PriyoShop Retail founded?
PriyoShop Retail was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is PriyoShop Retail located?
PriyoShop Retail is headquartered in Dhaka, Bangladesh.
Who is the current CEO of PriyoShop Retail?
Asikul Alam Khan is the current CEO of PriyoShop Retail. They have also founded this company.
Is PriyoShop Retail a funded company?
PriyoShop Retail is a funded company, having raised a total of $5.61M across 6 funding rounds to date.
What does PriyoShop Retail do?
PriyoShop Retail was established in 2013 and is headquartered in Dhaka, Bangladesh. An online B2B platform is operated, connecting wholesalers, retailers, manufacturers, and customers. The catalog encompasses electronics, fashion, beauty, stationery, groceries, and additional categories. Transactions and sourcing are facilitated across these sectors in the e-commerce domain.
Who are the top competitors of PriyoShop Retail?
Who are PriyoShop Retail's investors?
PriyoShop Retail has 14 investors. Key investors include Century Oak Ventures, SOSV, GFR Fund, BonBillo, and Accelerating Asia Ventures.