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BD Venture Invests in Logistics Startup E-Desh

BD Venture Limited, country’s first venture capital firm, has recently invested in E-Desh Limited, an e-commerce logistics company, per a press release. Both companies have signed an agreement where Mr. Shafique-ul-Azam, Managing Director of BD venture Limited, and Mr. Zain Mohammad Yaseen, Managing Director of E-Desh Limited were present at the agreement-signing ceremony. 

Maslin Capital Limited, Asian Capital Venture Limited along with some individual foreign investors also participated in this round. 

E-Desh Limited wants to utilize this fund to increase local and global business, expand footprint, capacity and area coverage, and develop tech products related to logistics services.

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Mohammad Ruhul Kader is a Dhaka-based entrepreneur and writer. He founded Future Startup, a digital publication covering the startup and technology scene in Dhaka with an ambition to transform Bangladesh through entrepreneurship and innovation. He writes about internet business, strategy, technology, and society. He is the author of Rethinking Failure. His writings have been published in almost all major national dailies in Bangladesh including DT, FE, etc. Prior to FS, he worked for a local conglomerate where he helped start a social enterprise. Ruhul is a 2022 winner of Emergent Ventures, a fellowship and grant program from the Mercatus Center at George Mason University. He can be reached at [email protected]

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