Bonik, a mobile app facilitating e-commerce for SMEs, has raised $47,000 in pre-seed funding from angel investor Mohammad Maaz.

Information on the Target

Bonik is an innovative mobile application that empowers small and medium-sized enterprises (SMEs) to establish their e-commerce platforms within minutes. The app has recently secured a pre-seed investment of $47,000 from esteemed angel investor Mohammad Maaz, who serves as the managing director of Steeltech Industries Limited. Founded by a team of dynamic young entrepreneurs—Salman Saafi (CEO), Jonayed Tanjim (COO), and Atikur Rahaman (CTO)—Bonik is geared towards transforming the e-commerce landscape for SMEs.

Designed specifically for small business owners who predominantly operate through social media platforms like Facebook and Instagram, Bonik facilitates the creation and management of online stores without the necessity of a technical background. This user-friendly tool aims to bridge the gap for those who are currently without their own e-commerce websites, enabling them to tap into the growing online consumer market.

Industry Overview in Bangladesh

The e-commerce sector in Bangladesh is witnessing unprecedented growth, primarily driven by increased internet penetration and digital adoption accelerated by the Covid-19 pand