Data Bird Ltd.

Data Bird is a company dedicated to advancing Bangladesh's Internet ecosystem through strategic investments and partnerships, focusing on enhancing digital commerce. Data Bird, founded in 2018 and headquartered in Dhaka, Bangladesh, is focused on developing the country's Internet ecosystem. The company was started by Alexandre de Tornaco. Data Bird successfully raised USD 3.

00 mn in seed in May 2021, with Skycatcher as the lead investor. This round represents their total funding raised to date. The company has completed one deal as of the most recent deal date. Data Bird specializes in enhancing Bangladesh's Internet ecosystem through several key products.

ShareTrip is the leading online travel agent in the country, capturing over 50% of the online travel market. Ridmik, a mobile application, provides a local keyboard solution for over 50 million monthly active users, while ST Pay offers a licensed payment service to modernize mobile payments for consumers. These products primarily serve individual consumers and businesses throughout Bangladesh. Data Bird’s revenue model is structured around partnerships and service offerings that generate transactions within its portfolio.

ShareTrip earns revenue through commissions on bookings, while Ridmik generates income from app downloads and in-app purchases. ST Pay collects transaction fees for mobile payment processing. This strategic approach creates a diverse revenue stream from both B2C and B2B interactions, fostering digital commerce in Bangladesh. Following the recent funding round in May 2021, where Data Bird raised USD 3.

00 mn in seed led by Skycatcher, the company plans to utilize these funds to strengthen its online travel business and expand into communications, financial technology, and digital advertising. This includes designing and launching upcoming products aimed at enhancing their service offerings. Specific geographic regions for expansion may be targeted as the company continues to grow within the rapidly evolving Bangladeshi market.