Biography of Asikul Alam Khan: Founder & CEO of PriyoShop- Entrepreneur

Biography of Asikul Alam Khan: Founder & CEO of PriyoShop- Entrepreneur

Biography of Asikul Alam Khan: Founder & CEO of PriyoShop- Entrepreneur/age/net worth/investor/startup/digital commerce story/PriyoShop story

Introduction to Asikul Alam Khan: A Leader in Digital Commerce

Asikul Alam Khan, a visionary entrepreneur, is the CEO of PriyoShop, a leading B2B platform that focuses on empowering Micro, Small, and Medium Enterprises (MSMEs) through digital commerce. With a career spanning over 18 years, Asikul has become a key player in transforming Bangladesh’s digital landscape. He has been instrumental in driving growth in various sectors, including EdTech, technology, and, most notably, digital commerce.

Early Education and Career Beginnings

Asikul Alam Khan’s journey began at Jagannath University, where he earned his BBA and MBA degrees in Marketing between 2006 and 2012. During his university years, he was actively involved in campus activities and held the position of Communication and Campaign Secretary. His education laid the foundation for his future endeavors in business and technology, where he could merge his passion for marketing with his interest in digital solutions.

Founding PriyoShop: Empowering MSMEs

In 2013, Asikul Khan co-founded PriyoShop B2C, a company that started with the mission of connecting small businesses to customers through a digital marketplace. After taking the helm as CEO in 2020, he focused on scaling the company’s B2B operations. Under his leadership, PriyoShop revolutionized the supply chain for small retailers, offering a platform that connects wholesalers, retailers, manufacturers, and customers in a seamless, efficient manner.

Biography of Asikul Alam Khan: Founder & CEO of PriyoShop- Entrepreneur/age/net worth/investor/startup/digital commerce story/PriyoShop story

PriyoShop’s Growth and Success

During his tenure as CEO of PriyoShop, Asikul Khan led the company through remarkable growth. Within just 24 months, PriyoShop achieved an impressive 16x increase in its operations. The platform became a trusted solution for MSMEs, offering not only a digital marketplace but also embedded financial services that helped bridge the gaps in the traditional supply chain, enabling small businesses to thrive in the digital economy.

Building a Holistic Platform for MSMEs

One of Asikul Khan’s key achievements at PriyoShop was building an integrated digital platform that connected MSMEs with suppliers and customers, offering a unique combination of commerce, logistics, and working capital. This integration helped small businesses bypass the traditional fragmented supply chains and gain access to better prices, credit options, and more efficient business processes.

Vision for Digital Transformation

Asikul’s vision extends beyond PriyoShop. He aims to bridge the technology gap for MSMEs, bringing them into the digital age and helping them leverage digital tools to optimize their operations. His ultimate goal is to empower millions of small businesses and transform the supply chain ecosystem to make it more efficient, accessible, and scalable for entrepreneurs across Bangladesh.

Leadership Role at BASIS

In addition to his work at PriyoShop, Asikul Alam Khan serves as the Co-Chairman of the Digital Commerce Standing Committee of the Bangladesh Association of Software and Information Services (BASIS). This position allows him to contribute to the development of the country’s digital commerce sector by helping shape policies and initiatives that promote the growth of IT and e-commerce in Bangladesh.

Advising Startups and Nurturing New Talent

Asikul is also an active mentor and advisor to several startups, sharing his wealth of experience and insights to help young businesses succeed. His expertise in digital commerce, marketing, and business strategy has made him a sought-after advisor for entrepreneurs looking to navigate the challenges of building successful ventures in today’s digital world.

PriyoShop’s Role in Bangladesh’s Retail Sector

PriyoShop’s platform addresses several challenges faced by small retailers in Bangladesh. With 97% of retail transactions in the country being carried out by small businesses, PriyoShop provides a much-needed solution by allowing retailers to connect directly with brands and bypass the inefficient, traditional supply chain. This not only helps reduce costs but also gives retailers access to better prices and financing options.

A Future of Growth and Innovation

Looking ahead, Asikul Alam Khan is committed to continuing his work in digital commerce and MSME empowerment. His journey, from EdTech to tech and now digital commerce, highlights his passion for innovation and his belief in the transformative power of technology. Through his leadership at PriyoShop and other ventures, Asikul is playing a pivotal role in shaping the future of Bangladesh’s digital economy.

Timeline for story

2006-2012: Asikul Alam Khan earns BBA and MBA in Marketing from Jagannath University.

2013: Co-founds PriyoShop B2C, connecting small businesses to customers digitally.

2020: Becomes CEO of PriyoShop, focusing on scaling B2B operations.

2020-2022: Under Asikul’s leadership, PriyoShop achieves 16x growth.

Key Achievement: Develops an integrated digital platform for MSMEs, combining commerce, logistics, and working capital.

BASIS Role: Serves as Co-Chairman of Digital Commerce Standing Committee at BASIS.

Mentorship: Advises and mentors several startups in digital commerce and business strategy.

Future Vision: Focuses on empowering MSMEs and transforming Bangladesh’s digital economy through innovative solutions.

 Biography of Asikul Alam Khan: Founder & CEO of PriyoShop- Entrepreneur/age/net worth/investor/startup/digital commerce story/PriyoShop story

Previous Post Next Post

Contact Form