Paragon invests in e-commerce venture

Economy

TBS Report
02 December, 2019, 10:15 pm
Last modified: 03 December, 2019, 05:55 pm
Upon this signing, Paragon group now holds 35 percent equity of Aadi Bd Ltd.

Paragon, one of the largest business groups in the country, has joined hands with Aadi, an e-commerce venture in Bangladesh, to take Bangladesh virtual marketplace to the next level through this e-commerce collaboration.

Aadi Bd Ltd, an e-commerce venture in Bangladesh, has recently raised a formal investment to cover the angel round funding requirements of the company after operating a year in the market.

Paragon held an official signing ceremony in its corporate headquarters to close this round of funding and declare the partnership between the two companies. 

Upon this signing, the Paragon group now holds 35 percent equity of Aadi Bd Ltd.

Moshiur Rahman, chairman and managing director of Paragon Group; Yasmin Rahman, director of Paragon Group; Kazi Nazrul Islam, chairman of Aadi Bd Ltd; Fatima Begum, managing director and CEO of Aadi and Anma Shahinm, director of Aadi and other high officials of both the companies were present at the programme. 

Launched in December 2018, Aadi currently focuses on removing all the barriers of international selling for the local fashion retailers and manufacturers.

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