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Sheba.xyz

Online marketplace for verified home services

Overview

Sheba.xyz operates an online service marketplace in Bangladesh that connects households with verified service providers across 300+ categories, from beauty and cleaning to repairs and logistics. Customers use mobile apps to browse, filter by area, price, and ratings, schedule services, and pay via cash on delivery or online methods. Unlike many competitors, Sheba.xyz builds a single ecosystem with a consumer app, a provider app, a MSME POS tool, and a business platform to automate supplier management. Its goal is to simplify everyday tasks by efficiently matching people, professionals, and businesses through an integrated platform.

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About Sheba.xyz

Simplify's Rating
Why Sheba.xyz is rated
C
Rated B on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Consumer SoftwareEnterprise Software

Company Size

201-500

Company Stage

Series A

Total Funding

$3.2M

Headquarters

Dhaka, Bangladesh

Founded

2016

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Simplify's take

What believers are saying

  • Sheba launched a Fuel Refuelling Driver Service on 20 April 2026.
  • Dhaka Bank, Meghna Bank, and LankaBangla Finance signed partnerships in 2024-2025.
  • Sheba's LinkedIn posted hiring on 20 September 2026, signaling continued commercial activity.

What critics are saying

  • On 26 April 2026, Adnan Imtiaz Halim said over 300 jobs were cut.
  • The Daily Star reported unpaid salaries, delayed investment, and debt disputes in November 2026.
  • A cash crunch can kill Sheba.xyz outright if revenue stays below payroll needs.

What makes Sheba.xyz unique

  • Sheba.xyz combines household services, sManager, and B2B supplier automation in Bangladesh.
  • Verified providers and category filters create trust in a low-trust, fragmented services market.
  • Bank and real-estate partnerships embed Sheba into transactions, not just lead generation.

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Funding

Total Funding

$3.1M

Below

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$2.9M
$5M
$8.2M
$15M
$30M

Benefits

  • Mobile Allowance

Growth & Insights and Company News

6 month growth

-2%

1 year growth

-1%

2 year growth

0%
The Financial Express
Nov 17th, 2024
Bproperty partners with Sheba.xyz to offer priority access, exclusive discounts on select services for clients

Recently, Bproperty, Bangladesh's leading real estate solutions provider, has signed an MoU with the country's leading service marketplace Sheba.xyz to offer exclusive discounts and priority access to a host of necessary services for Bproperty clients.

The Financial Express
Sep 7th, 2024
Meghna Bank signs MoU with Sheba.XYZ

Meghna Bank PLC has recently signed a Memorandum of Understanding (MOU) with the on-demand service delivery platform Sheba.XYZ, says a media statement Saturday.

LinkedIn
Jun 26th, 2024
ExitStack on LinkedIn: #sheba #digitalmarketplace #seriesa #startupfunding #startupinvestment…

Sheba.xyz, a digital marketplace for household services in Bangladesh, recently closed a US$2.9Mn Series A round with funding from BSRM Group of Companies, a…

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