The US$4 million injection will be used to expand Arogga’s operations and reach more patients in Bangladesh.
The company also plans to use the funding to develop new features and services, such as a mobile app that will allow patients to verify medications and track their prescriptions.
Arogga is a promising startup with a mission to improve access to healthcare in Bangladesh. The company’s fundraising success is a sign that investors are bullish on Arogga’s future.
Tech in Asia, a technology news website headquartered in Singapore and Jakarta, reports that The Venture Collective, a venture capital firm based in the United States, has led the latest funding round.
The company also boasts a diverse group of investors, including Blue Collective, Iterative, Stella Maris Partners, Ration Ventures, Sketchnote Partners, Epic Angels, IDLC, and Startup Bangladesh Limited.
A Visionary Leader Takes the Helm
IPDC Finance Limited has recently announced the selection of Ariful Islam as the new chairman of the Board of Directors. This decision was reached during the 213th meeting of the Board of Directors, as stated in an official press release.
Mr. Islam is a highly experienced professional with a rich background spanning 26 years as a distinguished business leader and top executive in diverse organizations.
He has played a vital role at IPDC Finance Limited, where he served as a member of the Board Audit Committee and was nominated as a director by the Ayesha Abed Foundation.
