SWAP

Full stack Recommerce marketplace for Bangladesh, planning to go beyond to revolutionise circular economy globally

General Information
Company Name
SWAP
Founded Year
2019
Location (Offices)
Bangladesh +1
Founders / Decision Makers
Number of Employees
56
Industries
E-Commerce, Lending and Investments, Mobile +1
Funding Stage
Seed
Social Media

SWAP - Company Profile

SWAP is a leading player in the E-Commerce industry, providing a novel solution for hassle-free selling in Bangladesh. Founded in 2019, the company's mission is encapsulated by its slogan: swap.com.bd | Selling made - Simpler, Safer & Faster! SWAP differentiates itself by offering a seamless selling experience, eliminating the need to search for buyers and haggle over prices. Sellers have the flexibility to choose the most convenient option for them - from doorstep pickups to designated agent/shop drop-offs. The latest milestone for SWAP came in the form of a BDT50.00M Seed Round investment, secured on 16 November 2022. Notably, this investment was led by Startup Bangladesh Limited, indicating a vote of confidence from a prominent player within the investment landscape. This injection of capital is poised to further fuel SWAP's expansion and solidify its market presence in Bangladesh. SWAP's innovative approach to simplifying the selling process aligns with the growing trend towards convenience and efficiency in e-commerce. The recent investment signifies belief in SWAP's potential to capitalize on this trend and cement its position as a frontrunner in the e-commerce landscape in Bangladesh.

Taxonomy: selling, convenience, marketplace, Bangladesh, pickup service, agent network

Funding Rounds & Investors of SWAP (3)

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Funding Stage Amount No. Investors Investors Date
Seed Round BDT50.00M 1 16 Nov 2022
Seed Round $1.25M 3 14 Oct 2021
Pre Seed Round $200.00K 1 14 Apr 2021

Latest News of SWAP

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No recent news or press coverage available for SWAP.

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