One of the first businesses to provide automotive solutions online, Vroom Services Ltd., has decided to receive financing from Startup Bangladesh Limited, the ICT Division’s premier venture capital firm. Vroom, which made its debut in late 2017, offers 360-degree servicing solutions for the automotive industry through its website and mobile app.
In Dhaka, the parties recently signed an accord. Mr. Sami Ahmed, Head of Portfolio Investment, Mr. N M Zeaul Alam PAA, Chairman of Launch Bangladesh, and Senior Director of the ICT Division.
The occasion was attended by Hasan A. Arif, Zia Chowdhury, President of Vroom Services Limited, Syed Ahsan Habib, and Masum Mohiuddin Murad, among others.
“The job undertaking in the automotive industry is laudable, and the funding from Startups Bangladesh Company limited Vroom will enable the industry change agent. I’m hoping they’ll be talented to significantly influence how Smart Bangladesh is implemented in auto manufacturing.
Department is diligently working to change regulations that support new and expanding businesses in various ways, including at the policy level, through development, training, and other areas.
Vroom could set a notable instance as a positive and supportable company in the network with the appropriate strategy and focus.
“Origination Bangladesh aspires to promote domestic companies as they develop and soar to levels that raise the bar for increased outside investment. Prospective businesses, professionalism, and passion combine to provide one firm the power to significantly advance an entire industry and have a tremendous impact on the local startup environment, according to Sami Ahmed. There’s no essential to travel further.
A car buying and selling platform, home and workbench facilities, business swift organization, an oil and gas card, an online parts store, assistance with auto loans and insurance, shareholding transfer guidance, pre-acquisition examination, converting, driver and technician training, and many other services have been built into our eco-system.
Chief executive of Vroom stated. Consumers are deprived of various benefits and services since digitization in the auto industry is still in its infancy. Vroom wants to elevate the automotive industry together with its trading partners.
With the money received, vroom will start a project focusing on hybrid and electric vehicles and foray into ability expansion programs for drivers, mechanics, and auto owners.
