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Online market platform ‘Chaldal’ gets Tk85 crore investment

 This online platform was established in 2013. The company plans to set up more than 50 warehouses in at least 15 new cities this year. The company said in a press release on Thursday.

Dhaka: Chaldal, an online daily-market platform, has received an investment of Tk85 crore. With this new investment, Chaldal will start its activities in all the important district towns of the country, said Wasim Alim, Chief Operating Officer of Chaldal.

This online platform was established in 2013. The company plans to set up more than 50 warehouses in at least 15 new cities this year. The company said in a press release on Thursday.

At present, Chaldal has 25 warehouses in Dhaka, Narayanganj, and Jessore. There is also a Rohingya camp in Cox’s Bazar and a super shop in the residential area of the Jamuna Bridge Railway Expansion Project.

The company delivers 1,300 to 1,500 Takas 10 to 12,000 orders per day. The official said, “The recent change in consumer habits has led to an increase in online shopping. So we want to increase the scope of our service, we want to get closer to the customers. ‘

Tavet Hinrikas, the co-founder of Wise, a London-based financial technology company, is the main investor in Chaldal’s new investment; Mir Group, a Bangladeshi construction company took part in it.

Since its inception, Chaldal has received support from a US venture. Chaldal has received investment from startup Bangladesh as a new initiative.

In addition, a few years after its establishment, Chaldal has received investments from the International Monetary Fund and IDLC.

Before Corona, Chaldal used to deliver two and a half to three thousand orders daily. Chaldal’s growth in 300 % in 2020 was 300 % due to the increase in online shopping when social media was cut off in Corona.

Despite the ease of movement this year, Chaldal has grown by 120 % so far, the company said.

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