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- Priyoshop closes $5M pre-series A
Priyoshop closes $5M pre-series A

PriyoShop, a B2B retail marketplace catering to MSMEs in Bangladesh, has successfully closed a pre-Series A funding round, securing $5M.
Investor Line Up: Century Oak Ventures spearheaded the investment, with participation from Evolution Ventures, Iterative, SOSV (Orbit Startups), GFR Fund, BonBillo, Accelerating Asia, South Asia Tech Partners, and Voltity.
Expansion Plans: Armed with this significant financial boost, PriyoShop is set to revolutionize its operations. The company plans to bolster its technological infrastructure, widen its geographic footprint, and deepen its market penetration.
Transforming Retail Supply Chains: Since its inception in July 2021 by Asikul Alam Khan and Dipty Mandal, PriyoShop has been at the forefront of modernizing the retail supply chain landscape in Bangladesh.
Financial Empowerment: PriyoShop has forged a strategic alliance with LankaBangla Financing, a digital financing platform. This partnership enables PriyoShop to offer MSMEs tailored credit facilities and access to supply chain financing options, facilitating their business expansion endeavors.
Brand and Supplier Partnerships: PriyoShop also boasts partnerships with over 200 renowned brands, including companies such as Pusti, Rupchanda, Teer, New Zealand Dairy, Pepsico, and Coca-Cola.
PriyoShop's mission extends beyond mere transactional facilitation; it seeks to spearhead a holistic digital transformation within the retail sector. By digitizing logistics support and adopting full-stack digital infrastructure, PriyoShop empowers brands and suppliers to optimize supply chain management processes effectively.