Iterative

Iterative is an accelerator dedicated to supporting early-stage startups in Southeast Asia. Founded by the cofounders of Decide.com, which was acquired by eBay, Iterative aims to cultivate a robust network for founders in the region. The company distinguishes itself through its team of partners, mentors, advisors, and investors, all of whom possess extensive experience in starting, selling, and operating their own businesses. In addition to its accelerator program, Iterative utilizes artificial intelligence and big data to provide actionable insights for telecom retailers, helping them to automate processes and enhance profitability. Through its dual focus on mentorship and technological innovation, Iterative seeks to empower entrepreneurs and drive growth in the Southeast Asian startup ecosystem.

Hsu Ken Ooi

Co-Founder and Managing Partner

Past deals in Bangladesh

PriyoShop

Seed Round in 2024
PriyoShop is an on-demand B2B e-commerce marketplace based in Bangladesh that connects brands directly to micro-merchants, addressing the inefficiencies of the traditional retail supply chain. In a market where 97% of retail transactions are conducted by small retailers, PriyoShop streamlines the purchasing process by allowing these retailers to access products directly from manufacturers and suppliers. The platform offers a diverse range of products, including clothing, footwear, jewelry, electronics, and appliances from renowned brands, all at discounted prices. By facilitating direct access to inventory and credit, PriyoShop enhances the efficiency of small-scale retailers, helping them to reduce costs and improve their overall supply chain management.

Arogga

Seed Round in 2023
Arogga is a pioneering Bangladeshi app that facilitates the delivery of prescription and healthcare products directly to consumers' doorsteps. Users can easily upload their prescriptions, enabling quick and safe delivery of medications and a wide array of healthcare items. The platform offers a comprehensive selection of medicines, over-the-counter products, vitamins, fitness supplements, herbal products, and beauty care items. Arogga aims to enhance accessibility to healthcare services in Bangladesh and plans to expand its offerings further, positioning itself as a leading healthcare platform in the region.

PriyoShop

Seed Round in 2023
PriyoShop is an on-demand B2B e-commerce marketplace based in Bangladesh that connects brands directly to micro-merchants, addressing the inefficiencies of the traditional retail supply chain. In a market where 97% of retail transactions are conducted by small retailers, PriyoShop streamlines the purchasing process by allowing these retailers to access products directly from manufacturers and suppliers. The platform offers a diverse range of products, including clothing, footwear, jewelry, electronics, and appliances from renowned brands, all at discounted prices. By facilitating direct access to inventory and credit, PriyoShop enhances the efficiency of small-scale retailers, helping them to reduce costs and improve their overall supply chain management.

GoZayaan

Seed Round in 2021
GoZayaan Limited is an online travel agency based in Dhaka, Bangladesh, founded in 2017. The company aims to simplify travel for customers in emerging markets by offering a comprehensive platform for booking both local and international flights, as well as hotel accommodations. GoZayaan provides a user-friendly experience that includes payment options for local currency cards and mobile financial services, addressing the unique needs of Bangladeshi travelers who are unable to access global platforms like Expedia. By leveraging technology, GoZayaan seeks to transform the travel industry in Bangladesh and enhance the overall travel experience for its users.
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