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Company

ShopUp

Rocket Ship RatingBased on the data VC Catalog holds.

Rocket Ship Rating: 98 out of 100

Embedding commerce, logistics and financing solutions together to supercharge small businesses.

Also known as Shopfront Limited

  • E-commerce & D2C brands
  • Logistics & supply chain
  • Social impact
Status
Mergedas of 2026-09-19Source (opens in a new tab)
Business model
B2B
Headquarters
Dhaka, Bangladesh
Customers
small neighborhood retail shops
Legal name
Shopfront Limited
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Record updated 19 September 2026

About

ShopUp facilitates easy access to food and essentials for 31 million people in the country, by connecting mills and manufacturers to a network of small neighbourhood shops.

Funding snapshot

Total raised
$218MSum of rounds, as of 2026-09-19Source (opens in a new tab)
Latest round
Undisclosed, $110M2025-04

Funding rounds

Round, 2025
$110M2025-04, Company stated
Series B
$108M2021-09, Company stated

About the company

Status notes
In April, Sary, the leading B2B marketplace and services platform in the Gulf, merged with ShopUp to form SILQ Group, creating the largest B2B commerce platform connecting the Gulf and Emerging Asia.
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