CellBazaar

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CellBazaar enables entrepreneurs and small businesses to provide products and services to millions of people in Bangladesh through a mobile phone-based electronic marketplace.

Why We Invested

CellBazaar is a virtual marketplace that allows buyers and sellers to connect with one another and buy and sell goods and services using their mobile phones. CellBazaar enables entrepreneurs and small businesses in Bangladesh to start and grow operations in a market that wouldn't otherwise be available in their local community, thereby creating jobs, stimulating the economy, and delivering products and services that improve the lives of millions of poor people.

The CellBazaar marketplace is available to more than 25 million people in Bangladesh, including farmers that use the service to sell their harvest at fair market prices and struggling students that find and connect with tutors. CellBazaar received the GSMA Global Mobile Award 2008, in the category of "Best Use of Mobile for Social & Economic Development."