
US$110 million investment in SILQ Group

Allen & Gledhill advised a key investor on the US$110 million investment in SILQ Group, which was formed through the merger of ShopUp, Bangladesh’s biggest full-stack B2B commerce platform, and Sary, a B2B marketplace and services platform in the Arabian Gulf.
The formation of SILQ Group brings together the Arabian Gulf and Emerging Asia, creating the largest B2B commerce platform to serve the fastest-growing consumer markets in the region and across the globe.
Advising the key investor were Allen & Gledhill Partners Nicholas Soh, Eugene Ho, and Aaron Lee.