BVCL invests Tk 2.5 crore in Chaldal and Sakriyo

Daffodil family's Bangladesh Venture Capital Limited (BVCL) has invested a total of Tk 2.5 crore in e-commerce companies Chaldal and Sakriyo Technologies Limited. Chairman of BVCL Dr. Md. Sabur Khan disclosed this investment in the 'Founders Insight' event held on Tuesday at Daffodil Plaza 71 Auditorium.

Apart from Chaldal founder CEO Wasim Alim, and Sakriyo Technologies Ltd. founder CEO Md. Mubir Mahbub Chowdhury, Raisul Kabir, Founder and CEO of BrainStation 23 PLC was also present in this panel discussion at that time. In the panel discussion, these entrepreneurs shared their valuable experiences and discussed various important topics including fundraising, IPO opportunities for startups and maintaining motivation during the entrepreneurial journey.

It was informed at the event that Chaldal.com is a leading e-commerce platform in Bangladesh, which has revolutionized the essential goods delivery industry. Founded in 2014, Chaldal provides customers with a seamless online shopping experience, with over 10,000 products at competitive prices and fast delivery. Committed to innovation and customer satisfaction, Chaldal has quickly become a trusted name among consumers. Using technology and efficient logistics services, Chaldal is setting new standards in the Bangladeshi market. Currently they are serving more than 25 lakh customers in 3 districts including Dhaka, Chattogram and Jashore.

Sakriyo Technologies Ltd on the other hand is a SAS platform based Distribution Management System (DMS). Sakriyo (DMS) is a smart sales automation system used in retail channel management. Sakriyo has over 40 clients across 24 industry categories. Active (DMS) is being used by its clients' sales teams in all districts of Bangladesh. Active has a wide variety of clients, offering SAS-based solutions for sales teams of 800+ members to even 5-member sales teams. In the last 12 months, using Sakriyo (DMS), their clients visited 1.43 crore outlets and generated over 86 lakh invoices, valued at over Tk 2,738 crore.

Shaukat Hossain, CEO, Bangladesh Venture Capital Limited said, “We are delighted to assemble such a panel of renowned startup experts and support promising startups through our investment fund. This event is a reflection of our commitment to encourage entrepreneurship and accelerate the economic growth of Bangladesh.”