What is Pickaboo.com?
Pickaboo.com operates as a comprehensive online retail destination, offering an extensive catalog of products that includes home appliances, smart and feature phones, cameras, computing devices, and accessories. The platform emphasizes a customer-centric approach, providing convenient services such as free returns and multiple payment options, including Cash on Delivery, online payments, swipe on delivery, and bKash, all while maintaining competitive pricing and product quality. This positions Pickaboo.com as a key player in the digital commerce landscape, catering to a broad consumer base seeking a reliable and diverse shopping experience.
How much funding has Pickaboo.com raised?
Pickaboo.com has raised a total of $11.5M across 2 funding rounds:
Series A
$10M
Other Financing Round
$1.5M
Series A (2017): $10M, investors not publicly disclosed
Other Financing Round (2022): $1.5M led by Startup Bangladesh
Key Investors in Pickaboo.com
Startup Bangladesh
Startup Bangladesh is the flagship venture capital fund of the ICT Division, sponsored by the Bangladesh Government. They focus on investing in and supporting Bangladeshi startups to foster innovation and entrepreneurship.
What's next for Pickaboo.com?
The substantial enterprise-level funding and recent strategic investment indicate that Pickaboo.com is poised for significant expansion and operational enhancement. This capital is likely to be deployed towards scaling its logistics infrastructure, expanding its product assortment, and potentially entering new market segments. Furthermore, the strategic nature of the recent financing suggests a focus on strengthening market position through partnerships or technological advancements, aiming to solidify its competitive edge in the dynamic e-commerce industry.
See full Pickaboo.com company page