Shohoz, a Dhaka, Bangladesh-based online ride-sharing and ticketing platform, raised US$15m in pre-series B funding.
The round was led by Singapore’s Golden Gate Ventures, with participation from Linear VC, 500 Startups and Singaporean angel investor Koh Boon Hwee.
The company intends to use the funds for customer acquisition and retention and expansion into other on-demand services.
Started in 2014 by Maliha Quadir, Managing Director, Shohoz lets consumers book car and motorbike rides for their daily commute, reserve bus seats, ferry, and even buy movie tickets from its website and app.
The company team currently includes 200 veterans in tech, marketing, operations.