REVOO, a highly renowned electric motorcycle brand has officially launched in Bangladesh recently. Already established as the number one electric motorcycle brand in the African region, REVOO expansion into Bangladesh marks the sixth country to welcome this cutting-edge motorcycle brand, following successful introductions in markets such as Pakistan.
As the world embraces greener and smarter transportation solutions, electric mobility is emerging as the undeniable future. Electric vehicles (EVs), especially two-wheelers, offer a more cost-effective and sustainable alternative to traditional internal combustion engine (ICE) motorcycles. When compared side by side, the cost savings are substantial— the expense of two years worth of fuel for a motorcycle can be equivalent to the price of an electric vehicle. Similarly, the cost of commuting via public transportation for one and a half years can also be exchanged for the purchase of an electric vehicle. In addition to lower operating costs, electric vehicles are designed with advanced smart technologies, further enhancing the riding experience while contributing to a cleaner and more sustainable future.
Revoo comes with a Game-Changer in Electric Mobility. It is well-known among tech enthusiasts for its commitment to smart, innovative, and future-proof transportation solutions. With this launch, the company brings two brand-new electric Motorcycle models to Bangladesh: the A01 and the C03. These Motorcycles promise to revolutionize the way people commute and embrace eco-friendly, sustainable transport in the country.
Pathao has raised $12 million in a pre-series B funding round as part of Bangladesh largest consumer technology provider strategic shift towards fintech.
This investment takes Pathao total capital raised to upwards of $50 million -- the largest by a pre-series B start-up in Bangladesh.
The round was led by the MENA-based VentureSouq, which has made “platform bets” across the Middle East, Africa & South Asia. Additional investment came from Anchorless Bangladesh, Osiris Group, South Asia Tech, Openspace Ventures and other investors.
Having transformed into a profitable and financially robust entity over the past two years, Pathao now plans to holistically serve its customers with fintech offerings.
“Pathao is far more than a brand, or a suite of products -- it is a lifestyle. Just as it has radically transformed urban transportation, logistics and the gig economy, our efforts in fintech will reshape the financial landscape in Bangladesh” said Fahim Ahmed, Managing Director and CEO of Pathao.
iFarmer and VisionSpring Bangladesh Limited have teamed up to provide eye care services to iFarmer registered farmers. Recently, the contract signing event was held at the Gulshan office of VisionSpring Bangladesh Limited.
VisionSpring Bangladesh Limited works towards ensuring the income, education, safety, and well-being of Bangladeshis living at risk of poverty through eye care and eyewear services.
From iFarmer, Fahad Ifaz, CEO; Reasat Hayder , Head of Input and Marketing; Shah Sultan Mohiuddin, Manager, Brand and Activation; and Mayesha Binte Mahbub, Assistant Manager, Marketing Investment and Digital Activation attended the signing ceremony. VisionSpring was represented by Misha Mahjabeen, Country Director; Umme Sauda, Program Manager; and Ashna Afroze, Resource Mobilization Lead.
Through this agreement, VisionSpring will assist in providing eye examinations and affordable eyewear to iFarmer registered farmers. "The first phase of the collaborative eye care program will enable iFarmer to support their farmers by offering affordable and sustainable eyewear and eyecare services," said Fahad Ifaz, CEO of iFarmer. He also thanked VisionSpring Bangladesh Limited for their partnership in this initiative.
Sena Kalyan Travels & Tours, an initiative of Sena Kalyan Sangstha, has taken a significant step forward in enhancing its customer service. Customers can now make payments online, ensuring a seamless experience.
As part of this advancement, Sena Kalyan Travels & Tours signed an agreement with SSLCOMMERZ, the leading payment gateway provider in Bangladesh, on Monday. Under this agreement, Sena Kalyan Travels & Tours will securely accept online payments from its customers, simplifying the booking and payment process for a more convenient experience.
The signing ceremony took place at SKS Tower, Mohakhali, Dhaka. Present at the ceremony were Raiyan S. Islam, Director of SSLCOMMERZ and Brigadier General Md Salahuddin Ahmed, Director General of Sena Kalyan Travels & Tours.
Also, in attendance from SSLCOMMERZ were S M Raihan Rashid (CEO, SSL Sentinel); Md. Sagir Ahmed (Head of E-Commerce Services); Moutusi Hina Hannan (Assistant Manager) and Farhatul Hasan Novel (Executive). Representing Sena Kalyan Travels & Tours were Major Mohammad Mohsinul Haque Chowdhury (Deputy General Manager) and Bashar Abdullah (Officer in Charge).
At the ceremony, it was mentioned that this partnership marks a significant step in the digital transformation of Sena Kalyan Travels & Tours. The company is expected to offer safer, uninterrupted and more user-friendly services to travelers. Raiyan S. Islam, Director of SSLCOMMERZ, highlighted that SSLCOMMERZ consistently provides cutting-edge payment solutions and continues to work towards a digitally connected Bangladesh.