Chaldal wins follow-on investment from Startup Bangladesh | The Business Standard
Skip to main content
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Tuesday
June 17, 2025

Sign In
Subscribe
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
TUESDAY, JUNE 17, 2025
Chaldal wins follow-on investment from Startup Bangladesh

Corporates

TBS Report
24 August, 2022, 12:00 pm
Last modified: 24 August, 2022, 12:15 pm

Related News

  • The hidden cost of taxing e-commerce
  • 10 Minute School regains Tk5cr investment from Startup Bangladesh
  • How Chaldal managed to avert huge loss during internet blackout
  • Startup Bangladesh cancels investment proposal for Ayman Sadiq’s 10 Minute School
  • Bangladesh Venture Capital invests Tk2.5cr in Chaldal and Sokrio

Chaldal wins follow-on investment from Startup Bangladesh

TBS Report
24 August, 2022, 12:00 pm
Last modified: 24 August, 2022, 12:15 pm
Photo: Courtesy
Photo: Courtesy

Startup Bangladesh Limited, the first government-backed fund, has invested in Chaldal Limited in their "Series C Plus" fundraising round.

The flagship VC fund has co-led the round with Taavet+Sten and invested Tk5 crore, reads a press release.

Chaldal, an online grocery delivery company, started its journey back in 2014 and was founded by Waseem Alim, Zia Ashraf, and Tejas Viswanath.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

"We are immensely proud of our relationship with Startup Bangladesh Limited. Having been one of the companies from the first batch in which Startup Bangladesh has invested, they have also supported us with follow-on investments in our previous rounds," Chaldal Limited Managing Director Waseem Alim said, adding, "I believe this fund we will be able to expand our operations further and venture into logistics, online pharmacy, and payments. Chaldal is wholly focused on Bangladesh and its future."

During the fundraising programme, State Minister of ICT Division Zunaid Ahmed Palak, MP, said, "Bangladesh holds the most promising opportunity for venture capital and private equity investments for the startup industry in the region. Startup Bangladesh Limited is investing in startups that are contributing to our national achievement through their crucial and essential solutions toward building a smart Bangladesh. I am glad to see that Chaldal through their ideas and innovation with technology, are playing a critical role in addressing the market needs and contributing to developing products and services that can be accessible and affordable for all."  

Startup Bangladesh Limited Managing Director Sami Ahmed said, "Chaldal Limited is one of the pioneers in the industry and an example for others to follow. The company was part of the first batch of our investments and since then has grown tremendously year on year. We are proud to be investing in Chaldal once again and hope that Chaldal will break new boundaries for the ecosystem. The Startup ecosystem in Bangladesh is full of ventures who, with their determination and hard work, can reach new limits and push the industry forward. I wish Chaldal and their team all the success and congratulate them on the investment from Startup Bangladesh."

Currently, Chaldal delivers around ten thousand orders per day and serves around half a million families every year. Chaldal currently operates from 32 warehouses located in Dhaka, Chattogram, Narayanganj, Gazipur, Jashore, Khulna, Sylhet, and Rajshahi. Chaldal is the single largest employer in the Hi-tech parks in Bangladesh. The company currently employs around 3,000 employees in total.

Chaldal / Chaldal dot com / Startup Bangladesh Limited

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Israeli Prime Minister Benjamin Netanyahu attends a joint press conference with US Secretary of State Marco Rubio at the Prime Minister's office in Jerusalem, February 16, 2025. Photo: Ohad Zwigenberg/Pool via REUTERS/File Photo
    Killing Khamenei will end conflict: Netanyahu
  • Rising default loans threaten jobs, growth, trade
    Rising default loans threaten jobs, growth, trade
  • Bangladesh gains bigger share in US apparel market as China loses ground, sees 29% export growth in Jan-Apr
    Bangladesh gains bigger share in US apparel market as China loses ground, sees 29% export growth in Jan-Apr

MOST VIEWED

  • Bangladesh Bank Governor Ahsan H Mansur. TBS Sketch
    Merger of 5 Islamic banks at final stage: BB governor
  • UCB launches Bangladesh's first microservices-based open API banking platform
    UCB launches Bangladesh's first microservices-based open API banking platform
  • Photo: Collected
    Pakistan rejects reports of missile supply to Iran
  • Infographic: TBS
    Non-performing loans surge by Tk74,570cr in Q1 as hidden rot exposed
  • BSEC seeks roadmap from 60 firms on Tk30cr capital compliance
    BSEC seeks roadmap from 60 firms on Tk30cr capital compliance
  • Former Bangladesh High Commissioner to the UK Saida Muna Tasneem. Photo: Collected
    ACC launches inquiry against ex-Bangladesh envoy Saida Muna, husband over laundering Tk2,000cr

Related News

  • The hidden cost of taxing e-commerce
  • 10 Minute School regains Tk5cr investment from Startup Bangladesh
  • How Chaldal managed to avert huge loss during internet blackout
  • Startup Bangladesh cancels investment proposal for Ayman Sadiq’s 10 Minute School
  • Bangladesh Venture Capital invests Tk2.5cr in Chaldal and Sokrio

Features

The GLS600 overall has a curvaceous nature, with seamless blends across every panel. PHOTO: Arfin Kazi

Mercedes Maybach GLS600: Definitive Luxury

18h | Wheels
Renowned authors Imdadul Haque Milon, Mohit Kamal, and poet–children’s writer Rashed Rouf seen at Current Book Centre, alongside the store's proprietor, Shahin. Photo: Collected

From ‘Screen and Culture’ to ‘Current Book House’: Chattogram’s oldest surviving bookstore

1d | Panorama
Photos: Collected

Kurtis that make a great office wear

3d | Mode
Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

5d | Panorama

More Videos from TBS

Phulbari, Banglabandha Borders Closed Due to Protests by Indian Truck Workers

Phulbari, Banglabandha Borders Closed Due to Protests by Indian Truck Workers

6h | TBS World
Why is China's economy not booming?

Why is China's economy not booming?

7h | Others
An additional 36 countries may be added to the travel restrictions imposed by the United States.

An additional 36 countries may be added to the travel restrictions imposed by the United States.

10h | TBS World
NPLs surge by Tk74,570cr in Q1 as hidden rot exposed

NPLs surge by Tk74,570cr in Q1 as hidden rot exposed

10h | TBS Insight
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net