Shopfront

InternetSeries BDhaka, Bangladeshshopup.com.bd

Latest round

Series B

Last raised

Dec 2021

Total raised

$183M

Investors

17

About Shopfront

Founded in 2017 by Afeef Zaman, Asif Faiyaz, Ataur Chowdhury, Mushfiqur Rahman, Navaneetha J, Samanta Tira, and Sujayath Ali, Shopfront Limited operates primarily from Dhaka, Bangladesh. The company specializes in offering integrated solutions for small businesses and has successfully completed 8 deals as of February 2, 2023.Shopfront Limited offers a suite of technology-driven solutions aimed at supporting small businesses in Bangladesh. Its key products include Mokam, a B2B commerce platform that connects mills and manufacturers with small retail shops ensuring a consistent supply of essential food and household items. REDX serves as the country’s largest last-mile logistics network, efficiently delivering goods across 493 sub-districts in 64 districts.Shopfront Limited generates revenue through a diverse transaction structure that includes business models catering to small retailers and wholesalers. Transactions typically involve direct sales facilitated through the Mokam platform, where retailers access products at competitive prices, with REDX managing logistics to enhance efficiency. The company plans to enhance its supply chain operations and tackle the food waste issue in Bangladesh.

Who invested in Shopfront

17 investors across 5 rounds

See all investors in Shopfront

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Funding rounds

  1. Series B

    Dec 28, 2021

    Amount

    $83M

    Investors

    Locked

  2. Series B

    Sep 1, 2021

    Amount

    $74M

    Investors

    Locked

  3. Series A

    Oct 21, 2020

    Amount

    $7.8M

    Investors

    Locked

  4. Series A

    Sep 1, 2020

    Amount

    $15M

    Investors

    Locked

  5. Seed

    Jul 31, 2019

    Amount

    $3.4M

    Investors

    Locked

Questions about Shopfront

Who invested in Shopfront?

Shopfront has 17 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Shopfront raised?

Shopfront has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Shopfront last raise money?

Shopfront's most recent round on record is a Series B, in Dec 2021.

What does Shopfront do?

Founded in 2017 by Afeef Zaman, Asif Faiyaz, Ataur Chowdhury, Mushfiqur Rahman, Navaneetha J, Samanta Tira, and Sujayath Ali, Shopfront Limited operates primarily from Dhaka, Bangladesh.

Where is Shopfront headquartered?

Shopfront is headquartered in Dhaka, Bangladesh.

Which VCs invest in companies like Shopfront?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back internet companies at Shopfront's stage. Their profiles are linked below.

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