PriyoShop is a B2B e-commerce marketplace that is digitalising B2B trade for the unorganised MSME sector in Bangladesh. The company's platform connects small-scale retailers directly with manufacturers and suppliers. PriyoShop's app allows small retailers to procure inventory from wholesalers, distributors and manufacturers at competitive rates. PriyoShop targets a large network of 5M retail shops in Bangladesh that account for 97% of the country's retail sector.

Founder: Dipty Mandal 10 years of domain expertise.

Awards

•   Origin Startup Leader of the Year
•    Sankalp Dhaka Award 2023
•    Top 50 Huwaei Cloud Startup Ignite
•    Top 50 Startup Startup Wheel
•    Top 100 e27 

Core products and services

•    Marketplace - PriyoShop is an on-demand B2B marketplace that empowers retailers by connecting them directly to brands.
•    Logistics - Executes seamless smart transition to transport goods.
•    Pay Later - To empower MSMEs' buying capabilities.

Upcoming projects

•    Credit Scoring
•    Point of Sale (POS) payment 

Traction

•    15x growth in GMV
•    12x growth in revenue
•    Empowering 36K merchants
•    Impacting 26M people

Competitive advantage

•    By providing a digital platform that is backed by a full-stack solution, PriyoShop is able to help small retailers grow their businesses without having to make any additional investments.

Notable competition

•    No direct competition in Bangladesh

Impact

•    The digitalisation of small retail shop
•    Creating employment opportunities for small retailers
•    Increase revenue
•    Decent work and economic growth - SDG 8
•    Industrial innovation and infrastructure growth - SDG 9
   

Contact: Asikul@priyoshop.com