ShareTrip received an investment of BDT 5 crore from startup Bangladesh
ShareTrip, the country's largest and leading online travel agent (OTA), has received an investment of Tk. 5 crore from Startup Bangladesh on its third anniversary. An agreement was reached in this regard on Sunday (August 7) at the Hotel Sheraton, Dhaka. Through this, ShareTrip is recognized as the first company invested in the tourism sector of the country. In order for this OTA to move forward in all areas of the tourism sector, shareTrip has made a strategic investment with an aim to play an influential role in the tourism sector and further digitize its progress, Startup Bangladesh has invested USD 50 million in ShareTrip.
Sharetrip Co-Founder and Chief Executive Officer Sadia Haque and Startup Bangladesh Managing Director Sami Ahmed exchanged the agreement in the presence of ICT State Minister Zunaid Ahmed Palak. Kashef Rahman, the other co-founder of ShareTrip, was also present.
Before the investment, Startup Bangladesh Managing Director Sami Ahmed expressed hope in his speech that ShareTrip will become the first OTA Company in the country.
He said, "Startup Bangladesh embarked on a journey to support the startup ecosystem. Startup Bangladesh helps startups get other funding besides providing funding. Share Trip is running their operations with fully indigenous technology and indigenous manpower. I hope ShareTrip succeeds as an international OTA platform beyond Bangladesh.”
He further said “I am excited to announce Startup Bangladesh's investment in ShareTrip. Startup Bangladesh proudly welcomes ShareTrip to the family, an organization that has accumulated 50 percent of the country's online travel market in a very short span of time. In only three years, the company has achieved a milestone of 25x growth, which is truly amazing. But that's the specialty of startups, that when a great idea is turned into reality with skilled manpower and proper funding, the result is an incredible success. I believe that through innovation and expertise, ShareTrip will establish itself in the global market as well.”
ShareTrip Co-founder and CEO Sadia Haque said, “ShareTrip is not just a travel agent, but an Online Travel Agent and a startup. We are an active change maker in the travel ecosystem. We aim to revolutionize the domestic hotel industry, which is still at a very nascent stage in Bangladesh. We are working with advanced technology to bring in innovations and product developments not only to enhance our product but also to ensure a seamless experience for our customers. Through innovation and superior customer service, we aim to soar even higher.”
ShareTrip's travel and tourism partner organizations were felicitated at the event for their overall support and contribution in various fields during the year 2020-2021 as a symbol of cordial partnership. ShareTrip is the first among tourism sector organizations to present this award to its suppliers and business partners.
The appreciation and award program recognized the efforts of the partners under categories like Exemplary Performing Airline in South Asia, South- East Asia, Americas, Europe, Oceania, Middle East and Central Asia regions and Bangladesh. Leading Campaign Partner, Leading Transaction Partner, Best Commercial Partner, Best Payment Gateway Partner, and Best Performing Agent were among the award winners. and many more. In addition, to understand customers’ preferences, based on a 3-day survey with more than 10,000 responses.
In addition, ShareTrip recognized the People's Choice Airline and People's Choice Hotels sectors based on more than ten thousand opinions in a survey conducted over three days to understand customer preferences.
It may be noted that, ShareTrip has served more than 5 lakh customers across the country. More than 5,000 agents work for the brand, which facilitates travel to remote areas through Access to Information (a2i) digital centers. ShareTrip believes, there is still huge scope for digitization in the country. ShareTrip handles more than 50 percent of the total online activity in the current tourism sector. As digitization in this sector is still in its infancy, consumers are missing out on many services and benefits. Joining hands with stakeholders and partners like the Department of ICT, Ministry of Civil Aviation and Tourism and Bangladesh Bank, ShareTrip aims to create opportunities to encourage foreign investment by expanding the scope of indigenous technology excellence globally.
ShareTrip Co-founder and CEO Sadia Haque said, “ShareTrip is not just a travel agent, but an Online Travel Agent and a startup. We are an active change maker in the travel ecosystem. We aim to revolutionize the domestic hotel industry, which is still at a very nascent stage in Bangladesh. We are working with advanced technology to bring in innovations and product developments not only to enhance our product but also to ensure a seamless experience for our customers. Through innovation and superior customer service, we aim to soar even higher.”
ShareTrip's travel and tourism partner organizations were felicitated at the event for their overall support and contribution in various fields during the year 2020-2021 as a symbol of cordial partnership. ShareTrip is the first among tourism sector organizations to present this award to its suppliers and business partners.
The appreciation and award program recognized the efforts of the partners under categories like Exemplary Performing Airline in South Asia, South- East Asia, Americas, Europe, Oceania, Middle East and Central Asia regions and Bangladesh. Leading Campaign Partner, Leading Transaction Partner, Best Commercial Partner, Best Payment Gateway Partner, and Best Performing Agent were among the award winners. and many more. In addition, to understand customers’ preferences, based on a 3-day survey with more than 10,000 responses.
In addition, ShareTrip recognized the People's Choice Airline and People's Choice Hotels sectors based on more than ten thousand opinions in a survey conducted over three days to understand customer preferences.
It may be noted that, ShareTrip has served more than 5 lakh customers across the country. More than 5,000 agents work for the brand, which facilitates travel to remote areas through Access to Information (a2i) digital centers. ShareTrip believes, there is still huge scope for digitization in the country. ShareTrip handles more than 50 percent of the total online activity in the current tourism sector. As digitization in this sector is still in its infancy, consumers are missing out on many services and benefits. Joining hands with stakeholders and partners like the Department of ICT, Ministry of Civil Aviation and Tourism and Bangladesh Bank, ShareTrip aims to create opportunities to encourage foreign investment by expanding the scope of indigenous technology excellence globally. 
