Mastodon Marketplace Transforms Bangladesh's Auto Logistics

Apr 01, 2025
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Mastodon Marketplace Transforms Bangladesh's Auto Logistics

DHAKA, April 1, 2025 – Mastodon Marketplace, an AI-driven platform born from a humble car cleaning service, is rapidly changing the landscape of automobile logistics in Bangladesh. Over the past two years, fueled by strategic funding and technological advancements, the company has evolved into a comprehensive digital hub connecting thousands of vehicle owners with suppliers for parts, accessories, and services nationwide.

Founded in 2015 as 'Mastodon Wash' by Faridul Hasan Shuvo, the company's trajectory shifted significantly after receiving a BDT 10 Lakh grant from the government's iDEA project in 2020. This seed funding enabled Mastodon to pivot towards its current mission: streamlining the complex automotive supply chain.

Today, Mastodon Marketplace operates a sophisticated platform extending beyond Dhaka to major cities like Rangpur, Sylhet, and Chittagong. It serves as a vital link between over 5,000 registered suppliers (wholesalers and retailers) and nearly 15,000 customers to date. Suppliers gain a digital storefront to showcase products ranging from car care items and lubricants to filters, wheels, and tools, while customers benefit from transparent price and quality comparisons, often missing in traditional markets.

"Our goal was to bridge the gap and bring convenience and transparency to the automotive parts sector," stated a company representative. "We connect users directly with the parts and services they need."

Logistics are a cornerstone of Mastodon's model. Customers can choose convenient home delivery, sometimes including installation by platform-associated mechanics, or opt for local pickup from designated hubs. Real-time order tracking via unique codes further enhances the customer experience.

This focus on service and technology has translated into significant traction. Mastodon reports annual revenues exceeding BDT 3 Crore (30 million), with strong current monthly performance. This growth supports a dedicated team of 21 employees.

The company's potential has attracted further support. In 2022, Mastodon secured a USD 150,000 credit grant from the Microsoft for Startups Founders Hub for technological development on the Azure cloud platform. Their participation in Microsoft's initiatives was also recognized when they achieved "Runner-Up" status in the HyperScaleup program, as evidenced by awards displayed at their premises.

With registrations in both Bangladesh and Delaware, USA, Mastodon signals its international ambitions. The company is currently in talks to secure over USD 250,000 in equity investment from issuing new shares, highlighting growing investor confidence in its potential to disrupt the burgeoning Bangladeshi automotive market, estimated to be worth $1.5 billion in the near future. Mastodon Marketplace's journey showcases how innovation, strategic funding, and a customer-centric approach can revolutionize a traditional industry.

 

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