{"id":23333,"date":"2024-02-07T20:43:58","date_gmt":"2024-02-07T14:43:58","guid":{"rendered":"https:\/\/bbf.digital\/new\/?p=23333"},"modified":"2024-02-07T20:43:58","modified_gmt":"2024-02-07T14:43:58","slug":"apon-raised-pre-seed-foreign-and-local-investment-of-1-5-million-usd","status":"publish","type":"post","link":"https:\/\/bbf.digital\/new\/apon-raised-pre-seed-foreign-and-local-investment-of-1-5-million-usd","title":{"rendered":"Apon raised pre-seed foreign and local Investment of 1.5 Million USD"},"content":{"rendered":"<p>Apon Investment Announcement Ceremony is an event that will celebrate Apon&#8217;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.<\/p>\n<p>Honourable\u00a0 State\u00a0 Minister, <strong>\u00a0Mr.\u00a0 Zunaid\u00a0 Ahmed\u00a0 Palak<\/strong> ,\u00a0 MP,\u00a0 Minister\u00a0 Ministry\u00a0 of\u00a0 Posts,\u00a0 Telecommunications\u00a0 and\u00a0 Information\u00a0 Technology\u00a0 have\u00a0 graced\u00a0 as\u00a0 the\u00a0 Chief\u00a0 Guest\u00a0 to\u00a0 launch\u00a0 the\u00a0 event,\u00a0 while <strong>\u00a0Faruque\u00a0 Hassan<\/strong>,\u00a0 President,\u00a0 BGMEA\u00a0 &amp; <strong>\u00a0Sami Ahmed, <\/strong>\u00a0Managing\u00a0 Director\u00a0 Startup\u00a0 Bangladesh\u00a0 Ltd.\u00a0 is\u00a0 confirmed\u00a0 as\u00a0 a\u00a0 Special\u00a0 Guest. <strong>\u00a0Neela\u00a0 Hosna\u00a0 Ara, <\/strong>\u00a0Director\u00a0 BGMEA\u00a0 &amp;\u00a0 investor\u00a0 of\u00a0 Apon\u00a0 Bazaar\u00a0 &amp;\u00a0 Co-Founder\u00a0 and Chairperson, Crony Group will attend\u00a0 as our guest.<\/p>\n<p>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.<\/p>\n<p>The company has already made significant strides in this direction, offering grocery credit, promoting financial inclusion, and improving healthcare access for millions.<\/p>\n<p>Established in 2017, Apon embarked on a mission to align the dreams and daily lives of Bangladesh&#8217;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&#8217;s journey began with offering grocery credit, gradually expanding to include broader financial services like cash credit and instalment options for home appliances.<\/p>\n<p>Central to Apon&#8217;s evolution is its unwavering focus on customer-centric innovation. By deeply understanding RMG workers&#8217; needs, particularly those of women, Apon ensures its services are tailored effectively to their requirements.<\/p>\n<p>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&#8217; lives.<\/p>\n<p>Apon\u00a0 has\u00a0 significantly\u00a0 transformed\u00a0 the\u00a0 lives\u00a0 of\u00a0 workers,\u00a0 especially\u00a0 those\u00a0 in\u00a0 the\u00a0 RMG\u00a0 sector,\u00a0 through\u00a0 various\u00a0 initiatives.\u00a0 By\u00a0 providing\u00a0 access\u00a0 to\u00a0 financial\u00a0 services\u00a0 like\u00a0 interest-free\u00a0 grocery\u00a0 credit,\u00a0 purposeful\u00a0 loans,\u00a0 and\u00a0 installment\u00a0 facilities\u00a0 for\u00a0 household\u00a0 appliances,\u00a0 Apon\u00a0 has\u00a0 facilitated\u00a0 financial\u00a0 inclusion,\u00a0 enabling\u00a0 workers\u00a0 to\u00a0 manage\u00a0 their\u00a0 finances\u00a0 effectively.\u00a0 Moreover,\u00a0 Apon&#8217;s\u00a0 provision\u00a0 of\u00a0 discounts\u00a0 on\u00a0 purchases\u00a0 and\u00a0 free\u00a0 health\u00a0 insurance\u00a0 has\u00a0 helped\u00a0 workers\u00a0 reduce\u00a0 their\u00a0 expenses,\u00a0 allowing\u00a0 them\u00a0 to\u00a0 save\u00a0 more\u00a0 and\u00a0 enhance\u00a0 their\u00a0 financial\u00a0 stability.\u00a0 The\u00a0 transition\u00a0 to\u00a0 a\u00a0 digitally-driven\u00a0 platform\u00a0 has\u00a0 further\u00a0 improved\u00a0 convenience\u00a0 and\u00a0 accessibility,\u00a0 allowing\u00a0 workers\u00a0 to\u00a0 access\u00a0 financial\u00a0 services\u00a0 through\u00a0 mobile\u00a0 applications\u00a0 and\u00a0 online\u00a0 platforms.\u00a0 Through\u00a0 its\u00a0 customer-centric\u00a0 approach\u00a0 and\u00a0 innovative\u00a0 solutions,\u00a0 Apon\u00a0 has\u00a0 empowered\u00a0 workers,\u00a0 particularly\u00a0 women,\u00a0 by\u00a0 addressing\u00a0 their\u00a0 specific\u00a0 needs\u00a0 and\u00a0 aspirations,\u00a0 thereby\u00a0 significantly\u00a0 improving\u00a0 their\u00a0 overall\u00a0 quality\u00a0 of\u00a0 life.\u00a0 Serving\u00a0 more\u00a0 than 175,000\u00a0\u00a0 workers\u00a0 in 32\u00a0\u00a0 factories,\u00a0 Apon\u00a0 has\u00a0 facilitated\u00a0 a\u00a0 total\u00a0 savings\u00a0 of\u00a0 over\u00a0 $600,000\u00a0 and\u00a0 provided\u00a0 free\u00a0 health\u00a0 insurance\u00a0 to\u00a0 over\u00a0 10,000\u00a0 customers.\u00a0 Additionally,\u00a0 the\u00a0 platform\u00a0 has\u00a0 facilitated\u00a0 $21.5\u00a0 million\u00a0 in\u00a0 credit\u00a0 for\u00a0 workers,\u00a0 underscoring\u00a0 its\u00a0 significant\u00a0 impact\u00a0 on\u00a0 enhancing\u00a0 the\u00a0 financial\u00a0 well-being\u00a0 of\u00a0 workers\u00a0 in the RMG sector.<\/p>\n<p><strong>\u00a0Notable Growth and Recognition: <\/strong><\/p>\n<ul style=\"text-align: left;\">\n<li>Listed in the &#8220;100 Meaningful Business 2023.&#8221; \u00a0Winner of the Fintech Challenge by Finlab Bangladesh.<\/li>\n<li>Participant in the UNCDF Financial Inclusion Project.<\/li>\n<li>Winner of the Tommy Hilfiger Fashion Frontier Challenge in 2019. \u00a0Winner of the Metlife Inclusion Plus in 2018.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n\n    <div class=\"xs_social_share_widget xs_share_url after_content \t\tmain_content  wslu-style-1 wslu-share-box-shaped wslu-fill-colored wslu-none wslu-share-horizontal wslu-theme-font-no wslu-main_content\">\n\n\t\t\n        <ul>\n\t\t\t        <\/ul>\n    <\/div> \n","protected":false},"excerpt":{"rendered":"<p>Apon Investment Announcement Ceremony is an event that will celebrate Apon&#8217;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\u00a0 State\u00a0 [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":23335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,32],"tags":[],"class_list":["post-23333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brand-broadcast-prs","category-brand-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v25.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Apon raised pre-seed foreign and local Investment of 1.5 Million USD | BBF Digital<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bbf.digital\/new\/apon-raised-pre-seed-foreign-and-local-investment-of-1-5-million-usd\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Apon raised pre-seed foreign and local Investment of 1.5 Million USD\" \/>\n<meta property=\"og:description\" content=\"Apon Investment Announcement Ceremony is an event that will celebrate Apon&#8217;s impactful journey, unveil its latest achievements, and announce a successful investment raise of 1.5 million USD ( will be disclosed during the event). 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