Paperfly is a technology-enabled third-party e-commerce logistics (3PL) provider in Bangladesh, founded in 2016 by Shahriar Hasan, Md Razibul Islam, Rahath Ahmed and Shamsuddin Ahmed. The company offers e-commerce logistics services including delivery and warehouse management and is described as the country's largest 3PL. Paperfly plans to use new investment proceeds to transform logistics through intelligence-driven automations and data sciences to meet fast-growing demand. The company intends to accelerate implementation of advanced supply chain and logistics processes and agile solutions in delivery and warehouse management. The article frames Paperfly as positioned for scalable growth amid a rapidly expanding e-commerce market in Bangladesh. No revenue or user metrics were disclosed in the article.

Total raised

$11M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2021