Pathao Secures $12 Million in Latest Investment Round

Bangladeshi consumer tech company Pathao has successfully raised $12 million in its latest funding round, bringing its total investment to over $50 million. This makes Pathao the highest-funded pre-Series B startup in the country. The round was led by Venturesook, a Middle East-based investment firm with prior experience in backing platforms across the Middle East, Africa, and South Asia. Additional investors include Anchorless Bangladesh, Osiris Group, South Asia Tech, and OpenSpace Ventures. Pathao has been profitable for two consecutive years and now aims to enhance customer service by integrating fintech solutions into its platform.