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ShopUp raises $22.5 Mn funding led by Sequoia Capital India, Flourish ventures

Shortpedia

Content Team
Image Credit: Shortpedia

Bangladesh-based social commerce platform ShopUp has raised $22.5 Mn in a Series A round, which was led by Sequoia Capital India and Flourish Ventures, with additional participation through VEON Ventures, Speedinvest, and Lonsdale Capital. With this fresh capital, the company plans to increase its retail reach, deepen partnerships with manufacturers, and focus on building tech-first infrastructure.