Sheba.xyz

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. Its consumer app offers 300+ home and office services, letting users browse by category or area, filter by price and ratings, schedule visits, and pay via cash on delivery or online methods. The company also provides a dedicated app for service professionals and business tools to manage sales, inventory, and supplier relations, creating an integrated ecosystem. Its goal is to simplify everyday tasks by efficiently matching customers with trusted providers and business partners through a single app-based platform.

About Sheba.xyz

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

Industries

Consumer Software

Enterprise 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

  • February 2026 Trust Bank MoU adds digital nano loans for Sheba Pay merchants.
  • January 2025 Dhaka Bank and October 2024 Bank Asia partnerships expand distribution.
  • Preqin lists January 2024 Series A funding of $2.9 million from BSRM and Startup Bangladesh.

What critics are saying

  • March 2026 labor claims allege Tk 22 lakh unpaid salaries and tax withholding.
  • Trust and Bank Asia discounts show dependence on bank-led acquisition, not brand pull.
  • Leadership dispute around CEO warrants signals governance stress that can scare enterprise customers.

What makes Sheba.xyz unique

  • Bangladesh's largest service marketplace, with 15,000+ providers and 100K+ families.
  • sManager targets MSMEs with POS, inventory, accounts, and online store tools.
  • Sheba Pay gained Bangladesh Bank PSP NOC, enabling payments across Sheba's ecosystem.

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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
Sheba.xyz
$5M
ByteDance
$8.2M
Discord
$15M
Canva
$30M
Kalshi

Benefits

Mobile Allowance

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

1%
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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