Close on heels of Bangladesh’s Jamuna Group, reportedly, deciding against investing Taka 10 billion in the e-commerce platform Evaly, Evaly has underlined that it is now looking for foreign investment.
Media reports maintained this even as they quoted Evaly Chief Executive Officer (CEO) Mohammad Rassel in this regard.
Speaking to the media, Mohammad Rassel, reportedly, maintained, “…Now we are trying to get foreign funding,” even as he went on to add that Evaly has continuously been trying to attract new investments.
It may be mentioned here that in a Facebook post recently, the Director of Marketing, Sales and Operations of Jamuna Group Mohammad Alamgir, reportedly, stated that his company has decided not to invest in Evaly following an analysis of their debt, business, sales and marketing strategy even as he added that Jamuna Group has the sole authority to decide on whether to invest in another company or not.