Monday, December 31, 2018

Pathao gets $100 million investment

Facebook founder Mark Zuckerberg, Alibaba founder Jack Ma and even Amazon founder Jeff Bezos did not get such success within three years after starting their business though they were from different socio-cultural situation.

It is a unique record for Bangladeshi youth for which we can boast of. If it was done by young people from any other country of the world, it would have attracted huge response from all over the world. But most of the people in Bangladesh do not even know about it.
This story is for those who think that there is no facility in Bangladesh, business cannot be done without big amount of investment and it is never possible to earn millions of money honestly.

When three young Bangladeshi started their company ‘Pathao’, which is worth $100 million or Tk 820 crore today, they did not have any capital. They did everything honestly and ethically.

In 2015, three friends jointly started the company, Pathao, for delivering products on bicycle. Three bicycles were all they had as assets. They are:

1.   Hussain M Elius, North South University.
2.   Shifat Adnan, Rajshahi University of Engineering and Technology (RUET)
3.   Fahim Saleh, Bentley University, USA.

Within a very short time, they started the business of ride sharing by motorbike with an android app. They started getting more or less success. Seeing their success, many foreign investors invested in their business. As a result, these three young people could become the owner of $100 million.

Source- https://www.bangladeshtoday.net/১০০-মিলিয়ন-ডলারে-পাঠাও-নে/

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