# Shohoj

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shohoj

- Industry: Internet
- Headquarters: Dhaka, Bangladesh
- Website: www.shohoz.com
- Total disclosed funding: $26M
- Latest round: Series A (Jun 1, 2023)
- Investors on record: 12

## About

Shohoj Limited is an online ticketing platform that facilitates travel-related services, enabling seamless access to bus, train, air, and event ticket bookings across Bangladesh.Shohoj Limited, founded in 2013 and headquartered in Dhaka, Bangladesh, operates as a comprehensive online ticketing platform providing diverse travel and event-related services. The company has undergone strategic pivots to enhance its offerings, resulting in significant growth. Founded by Maliha Quadir, who has a background in entrepreneurship, Shohoj has attracted attention from investors. The company raised USD 18.50 million in Series A funding on June 1, 2023, led by VNV Global, alongside other participants, totaling USD 18.50 million raised to date with a current valuation of USD 76.60 mn.Shohoz is a comprehensive online ticketing platform that provides multiple travel-related services aimed at enhancing user convenience in Bangladesh. The company's primary offerings include bus, train, air, and launch ticket bookings, along with event and park ticketing options. With over 100 bus operators and the complete range of Bangladesh Railway tickets available online, Shohoz eliminates the need for physical queuing, allowing users to purchase tickets effortlessly through their website or mobile application. The platform caters to a diverse clientele, including individual travelers, families, and event-goers, and is designed to serve the entire nation of Bangladesh by facilitating seamless travel experiences. The user-friendly interface supports quick searches and secure payment options, addressing the end user's need for efficient and hassle-free travel planning.Shohoz's revenue model is primarily driven by transaction-based income through ticket sales across its various service categories. Customers engage with the platform to purchase tickets directly for public transport and events, utilizing payment methods such as bank cards and mobile banking. The company operates on a commission structure, earning revenue from bus and airline operators as well as event organizers for the tickets sold via its platform. Shohoz has sold over 250 million tickets and focuses on direct-to-consumer sales while leveraging partnerships with over 1,000 trusted travel partners, solidifying its market position as a leading ticketing destination in Bangladesh.In June 2023, Shohoj Limited raised USD 18.50 million in Series A funding, led by VNV Global and including several other investors. This funding will be utilized to further enhance their platform, potentially introducing new products and expanding into new markets. The company aims to explore opportunities beyond Bangladesh, targeting regional expansions by the end of 2024, while continuing to innovate in the travel service sector.

## Funding rounds

- Series A, Jun 1, 2023, $19M — Partech Partners, VNV Global, 500 Global, Tekton Ventures, Linear Capital, Octave Capital, Great Noble International, Cypress Capital, K9 Industries Pte. Ltd, CMPL Angel Seed Fund
- Series A, May 8, 2018, $3M — UCL Asia, Linear Capital
- Seed, Jun 25, 2015, $4.2M — Pegasus Tech Ventures

## Investors

- Pegasus Tech Ventures (https://capitalatlas.ai/funds/pegasus-tech-ventures) — Seed
- UCL Asia (https://capitalatlas.ai/funds/ucl-asia) — Series A
- Linear Capital (https://capitalatlas.ai/funds/linear-capital) — Series A
- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series A
- VNV Global (https://capitalatlas.ai/funds/vnv-global) — Series A
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A
- Tekton Ventures (https://capitalatlas.ai/funds/tekton-ventures) — Series A
- Octave Capital (https://capitalatlas.ai/funds/octave-capital) — Series A
- Great Noble International — Series A
- Cypress Capital — Series A
- K9 Industries Pte. Ltd — Series A
- CMPL Angel Seed Fund — Series A