Nexthand.com champions circular economy in electronics sector
In a world grappling with mounting e-waste and environmental degradation, Nexthand.com is emerging as a bold new solution driving the circular economy movement in South Asia.
Founded by retail veteran Abu Sayed Piash in December 2023, the company is redefining how consumers buy and sell electronics, making sustainability practical and affordable.
Nexthand.com offers pre-loved electronics—smartphones, laptops, tablets, and accessories—at accessible prices while allowing customers to sell their old devices for cash or trade them in for refurbished ones. This simple yet powerful idea addresses the growing need for reuse, repair, and responsible consumption, aligning directly with the United Nations Sustainable Development Goals (SDGs), particularly SDG 12: Responsible Consumption and Production and SDG 13: Climate Action.
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With operations launched in January 2025, Nexthand.com has already recorded 30% month-on-month growth and is on track to surpass $1 million in sales within its first operational year — a testament to the growing demand for ethical tech solutions. The platform's success is built on Mr Piash's decade of experience leading Sumashtech Ltd, Bangladesh's largest electronics retail chain, known for its stellar customer service and trust.
"Our mission is to democratise access to quality electronics while reducing the environmental footprint of technology," said Abu Sayed Piash, Founder and CEO of Nexthand.com. "Every device reused is less in a landfill and one step closer to a sustainable future."
The platform is also gaining strong investor confidence. Backed by early-stage investor ABM Obaidullah and Singapore-based Tiger Ventures, Nexthand.com is raising $1 million in a seed round, expected to close by June 2025, to scale its operations across South and Southeast Asia.
By enabling consumers to participate directly in the circular economy, Nexthand.com not only helps reduce e-waste but also extends the life cycle of electronics, conserves natural resources, and lowers carbon emissions associated with manufacturing new devices.
As the climate crisis intensifies and global e-waste crosses 50 million tons annually, platforms like Nexthand.com represent a much-needed shift toward sustainable consumption. The company offers both impact and opportunity for eco-conscious consumers and investors alike.
