Investment Details
Investor Type
Corporate VC
Asset Class Focus
Venture Capital
Stage Focus
Seed, Early Stage, Growth
Geographical Focus
Bangladesh
Industries Focus
- Technology
- Consumer Goods
- Retail
- E-commerce
- Logistics
- Chemicals
- Supply Chain
- Fashion
- Electronics
- Home Appliances
- Lifestyle Products
- Office Supplies
- Industrial Equipment
- Spare Parts
- Apparel Manufacturing
Investment Size:
5,000,000 to 5,000,000 USD
Investor Details Founded: 2016
Zero Gravity Ventures Limited (ZGVL) is an e-commerce venture from Ananta Group, one of Bangladesh's leading conglomerates. The company operates two prominent online platforms: sindabad.com, a business-to-business (B2B) e-commerce site offering a wide range of products including office supplies, industrial items, and chemicals; and kiksha.com, a business-to-consumer (B2C) platform focusing on fashion, electronics, and lifestyle products. ZGVL aims to make e-commerce accessible to people from all walks of life, providing comprehensive online business solutions to individuals and businesses across Bangladesh.
The company's investment strategy focuses on early-stage and growth-stage investments in the e-commerce sector, particularly in platforms that offer diverse product offerings and innovative solutions. ZGVL's portfolio includes sindabad.com and kiksha.com, both of which have received significant investments to support their expansion and development. In 2018, the Bangladesh-focused private equity fund Frontier Bangladesh invested $5 million in these platforms, endorsing the sector's bright prospects. This investment primarily supported ZGVL's aggressive expansion strategy in logistics, product portfolio, and human resources.
ZGVL's mission is to create a new era for e-commerce in Bangladesh by providing accessible and efficient online shopping experiences. The company operates offices in Banani, Dhaka, and warehouses and distribution facilities in Baridhara, Uttara, and Chittagong, ensuring efficient logistics and fulfillment capabilities. With a focus on innovation and customer satisfaction, ZGVL continues to play a significant role in revolutionizing the e-commerce landscape in Bangladesh.
Requirements
- Innovative e-commerce platforms
- Diverse product offerings
- Scalable business models
- Strong logistics and fulfillment capabilities
- Experienced management teams
Contact
[Official Website Hidden]
[LinkedIn Profile Hidden]
[HQ Location Hidden]
[Email Hidden]
Portfolio Companies
- Sindabad.com
- Kiksha.com
Mentioned In
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$4.95
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$9.95
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$14.95
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$24.95
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$19.95
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