Apon Investment Announcement Ceremony is an event that will celebrate Apon’s impactful journey, unveil its latest achievements, and announce a successful investment raise of 1.5 million USD ( will be disclosed during the event). A diverse audience representing various industries, including fintech, retail, manufacturing, banking, and the startup ecosystem, are expected to attend.
Honourable State Minister, Mr. Zunaid Ahmed Palak , MP, Minister Ministry of Posts, Telecommunications and Information Technology have graced as the Chief Guest to launch the event, while Faruque Hassan, President, BGMEA & Sami Ahmed, Managing Director Startup Bangladesh Ltd. is confirmed as a Special Guest. Neela Hosna Ara, Director BGMEA & investor of Apon Bazaar & Co-Founder and Chairperson, Crony Group will attend as our guest.
Apon, a visionary enterprise in Bangladesh, has been steadfast in its mission to uplift low-income communities with pioneering financial solutions. The company is committed to enhancing the health and economic well-being of industrial workers, predominantly women, in low-income brackets. By 2025, Apon aims to establish a sustainable platform to benefit 1 million industrial workers, generating a cumulative savings of USD 1 million for them.
The company has already made significant strides in this direction, offering grocery credit, promoting financial inclusion, and improving healthcare access for millions.
Established in 2017, Apon embarked on a mission to align the dreams and daily lives of Bangladesh’s RMG workers, especially women, by understanding and addressing their challenges and goals. It evolved from a conventional grocery business to a digital-first platform, with 2022 marking a significant push towards digital integration. Apon’s journey began with offering grocery credit, gradually expanding to include broader financial services like cash credit and instalment options for home appliances.
Central to Apon’s evolution is its unwavering focus on customer-centric innovation. By deeply understanding RMG workers’ needs, particularly those of women, Apon ensures its services are tailored effectively to their requirements.
Key initiatives like interest-free grocery credit, purchase discounts, targeted loans, and free health insurance have substantially lightened the financial load for workers. These offerings not only alleviate financial strain but also contribute to improving their overall quality of life. Apon continues to pioneer solutions that prioritize convenience and necessity without adding financial pressure, consistently working towards the betterment of its customers’ lives.
Apon has significantly transformed the lives of workers, especially those in the RMG sector, through various initiatives. By providing access to financial services like interest-free grocery credit, purposeful loans, and installment facilities for household appliances, Apon has facilitated financial inclusion, enabling workers to manage their finances effectively. Moreover, Apon’s provision of discounts on purchases and free health insurance has helped workers reduce their expenses, allowing them to save more and enhance their financial stability. The transition to a digitally-driven platform has further improved convenience and accessibility, allowing workers to access financial services through mobile applications and online platforms. Through its customer-centric approach and innovative solutions, Apon has empowered workers, particularly women, by addressing their specific needs and aspirations, thereby significantly improving their overall quality of life. Serving more than 175,000 workers in 32 factories, Apon has facilitated a total savings of over $600,000 and provided free health insurance to over 10,000 customers. Additionally, the platform has facilitated $21.5 million in credit for workers, underscoring its significant impact on enhancing the financial well-being of workers in the RMG sector.
Notable Growth and Recognition:
- Listed in the “100 Meaningful Business 2023.” Winner of the Fintech Challenge by Finlab Bangladesh.
- Participant in the UNCDF Financial Inclusion Project.
- Winner of the Tommy Hilfiger Fashion Frontier Challenge in 2019. Winner of the Metlife Inclusion Plus in 2018.