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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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Ruhul Kader is a Dhaka-based writer, researcher, and entrepreneur. He is also the co-founder and CEO of Future Startup and the author of Rethinking Failure: A short guide to living an entrepreneurial life. He writes about entrepreneurship, business, strategy, technology, and culture. He can be reached at [email protected]

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