DITECH signs capital investment agreement with Fashol.com limited

Dekko ISHO Technologies (DITECH), a company of the leading conglomerate, Dekko ISHO Group, has signed a strategic capital investment agreement with Fashol.com Limited, a B2B startup aimed at changing the country’s centuries-old supply chain into perishable products using technology, data and logistics efficiency.

The ceremony took place at Dekko ISHO Headquarters in the presence of Group Director, Prottoy Hossain, and Fashol.com Founder and CEO, Sakib Hossain, Co-Founder, Mamunur Rashid and CTO, Ashikur Rahman Ashik, said a press release.

“The lack of food security is unfortunately one of the greatest global crises of our time, and Fashol.com has the potential to have an immense positive impact on this problem, nationally and, hopefully, one day. globally as well, “said Prottoy Hossain.

“We are proud to be able to be a part of and facilitate their efforts, and look forward to working together for a long time in our efforts to create a better world,” he added.

The key vision of Fashol.com is to create value for the Bangladesh ecosystem. Their business offers higher profit margins and on-time payments to farmers, door-to-door delivery, hygienic vegetables and fruits and hassle-free business for retailers, and traceable and safe food for consumers.

Sakib Hossain, CEO and Founder of Fashol, said: “When I started fashol.com some of our customers laughed and said no one would buy from us this way. Today, they can’t even think of running their business for a single day without fashol. It is the power of technology that we wanted to bring to this ecosystem. “

“We have been fortunate to have the chance to work with such a remarkable team and the partnership we have received from the Dekko ISHO group. It has taken us a big step forward towards realizing our ultimate vision.” he added.

Fashol.com started its journey in 2020 and has successfully distributed around 1.5 million kilograms of vegetables and fruits among retailers.

The signing ceremony took place on October 16, also celebrated as “World Food Day”.

The company also celebrated this special day by distributing lunch to 2,000 underprivileged people and Fashol provided grocery packages to 500 people.

The initiative was taken in partnership with the non-profit association Bidyanondo.