Vostok New Ventures leads funding for Bangladeshi ride app Shohoz

Vostok New Ventures leads funding for Bangladeshi ride app Shohoz

Photo: Shohoz

Swedish investment firm Vostok New Ventures, which focuses on online marketplaces and businesses, has invested an undisclosed sum in Bangladesh’s ride-hailing app Shohoz, according to an official release.

Others investors including Silicon Valley-fund Partech Ventures, Heritas Venture Funds, Cypress Capital, Tekton Ventures and existing backer Golden Gate Ventures participated in the round.

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