Shohoz Raises $15 Million Funding Round to Win Bangladesh's Ride Sharing Market
Morgan Stanley (MS)
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Source: PR Web
DHAKA, Bangladesh (PRWEB) September 24, 2018 Shohoz, a Bangladesh-based online ride-sharing and ticketing platform, announced today that it has raised US$15 million pre-series B investment led by Singapore's Golden Gate Ventures. Other investors participating in this round include Linear VC, 500 Startups and Singaporean angel investor Koh Boon Hwee. Shohoz lets consumers book car and motorbike rides for their daily commute, reserve bus seats, ferry, and even buy movie tickets from its website and app. It will use the fresh capital for customer acquisition and retention and expand into other on-demand services.The vision of Shohoz is to create a single platform that will provide the most convenient and simple solutions to help consumers solve their daily needs and hassles. This 'super-app' is envisioned to provide all major on-demand services like transportation, food, medicine, financial services, bus tickets, and more -- all with one swipe on their smartphone. Shohoz started end 201
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