Sheba Platforms Ltd, mostly known for Sheba.xyz has recently completed its 5 years in business in Bangladesh. On this occasion of completing half a decade in business, Mr. Adnan Imtiaz Halim, Co-founder & CEO of Sheba Platform Ltd has acknowledged the platform’s impactful last 5 years and the milestones it has achieved over the period through a ‘Message From The CEO’ available on Sheba Platform’s website.
Let’s dig in.
Over the 5 years period, Sheba created an ecosystem of 3 unique yet interconnected digital platforms that combinedly is called Sheba Platform Limited. The platforms are:
- Sheba XYZ: Sheba.xyz is Bangladesh’s first and biggest online service marketplace. Be it cleaning, plumbing, electronic repair, chauffeur services, car rental, air-con, home, and office shifting, or at-home salon services, Sheba.xyz is connecting the growing number of urban households to professional services providers at the click of a button.
- sManager: sManager is an ERP solution for SMEs which acts as a tool to grow their business. It’s a user-friendly app, carefully designed to automate all processes. Currently, 1M+ SMEs can get access to credit through formal banking channels in just 1 click.
- sBusiness: sBusiness is providing a SaaS-driven corporate solution that automates mundane administrative and HR hassles. From bidding to billing for software to services, sBusiness acts as the smart assistant for businesses.
Let’s take a dive into its 5 years journey of becoming a flagship startup and the largest service marketplace of Bangladesh.
Starting with Sheba.xyz, a service marketplace that offers over 80+ services to over 500,000 families. In 5 years, the company has had ZERO complaints at the DNCRP (Directorate of National Consumers Right Protection) because of our strong dedicated 24X7 customer service. Till now, the company has introduced training, authorized products, proper equipment, uniform, and financial services for 15000+ service professionals till today.
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sBusiness, the wing earned a name in the industry for connecting a pool of verified service providers to 780+ emerging corporations and digitizing the offices with user-friendly SAAS solutions from HR management to Procurement in just 1 year.
To enter into the niche market of SMEs, they launched sManager that provides full-stack accounting and financial solutions along with other digital solutions such as marketing and promotions. A million small-scale businesses from over 492 Upazilas registered for sManager within the span of 1 year. The system has facilitated a record BDT 42 billion in micro entrepreneurs’ transactions to date.
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Sheba Platform Limited, along with partners also initiated the social initiative to fight against the economic repercussions caused by COVID19 with Mission Save Bangladesh. The project succeeded in collecting about 120 organizations and corporations under one umbrella to join the cause.
The total donation was distributed among the underprivileged community and supported 50,000 families of the suffering micro-entrepreneurs.
Despite the challenges of the pandemic, Sheba has reached a turnover rate of BDT 1.2 billion. The company is planning to introduce interactive smart-talking AI assistance to their existing products. The aim is to make their services accessible to everyone irrespective of their geographical location.
Having this staggering growth ongoing, MR. Halim believes that the next five years will be significant in reaching the company’s next milestone of becoming a BDT 70-80 Billion turnover rate company.
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