DHAKA, April 9, 2025 (BSS) - Bangladesh has reached a defining moment in its digital journey as ShopUp, a leading Bangladeshi startup, has raised US$110 million and entered into a strategic merger with Sary, a Saudi-based B2B services and marketplace platform with a growing presence across the GCC region. 

This marks one of the most significant global expansion milestones ever achieved by a startup from Bangladesh, said a statement issued by the Chief Adviser's Press Wing. 

This moment is more than a funding headline-it's a clear signal that Bangladeshi startups are ready for the world stage.

To accelerate this momentum, Bangladesh Bank has committed to a landmark startup funding initiative: Taka 800 crore (approximately US$66 million) in equity and Taks 400 crore (approximately US$33 million) in debt. 

This fund will serve as a catalytic boost for early and growth-stage startups, empowering local founders to innovate, scale and compete globally, the statement read.