Fundraising Fox

ShopUp

Founded 2017 · 1,095 employees on LinkedIn · 5 known investors

ShopUp operates a full-stack B2B commerce platform connecting mills and manufacturers to small neighborhood shops, handling sourcing, logistics, and financing for these micro-retailers. It serves Bangladesh's fragmented retail market, giving millions of people access to food and household essentials through its shop network.

Founders & leadership

ShopUp was founded in 2017 by Afeef Zaman, Ataur Rahim Chowdhury, and Sujayath Ali.

AZAfeef Zaman
Afeef ZamaninFounder & Group CEO, SILQ
ARAtaur Rahim Chowdhury
Ataur Rahim ChowdhuryinCo-founder & CEO, ShopUp (Bangladesh)
SASujayath Ali
Sujayath AliinCo-founder & Group COO, SILQ

Investors · 5

Funding

SEC filings, press & company announcements

$100M disclosed across 1 round · 2026

Source: company announcements and press reports — follow each round's link for the claim.

Competitors · 5

by search overlap

Companies competing with ShopUp for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does ShopUp do?
ShopUp operates a full-stack B2B commerce platform connecting mills and manufacturers to small neighborhood shops, handling sourcing, logistics, and financing for these micro-retailers. It serves Bangladesh's fragmented retail market, giving millions of people access to food and household essentials through its shop network.
Who founded ShopUp?
ShopUp was founded by Afeef Zaman, Ataur Rahim Chowdhury, Sujayath Ali in 2017.
Who are ShopUp's investors?
ShopUp's investors include Flourish Ventures, MyAsiaVC, Valar Ventures Llc, Fasanara Capital, Sequoia Capital.
How much funding has ShopUp raised?
ShopUp has disclosed $100M raised across 1 round.