Why we backed DIGIBOX: it's a toll road, not a truck
Every last-mile company in Bangladesh competes on the same things: more riders, more vans, more warehouses. Rezwanul Haque Jami looked at that race and decided not to run it. He had already built and exited two companies, and this time he wanted to build the thing all of them would end up depending on: the road, not another truck.
It started over a cup of tea. Rezwanul and his co-founder Morshedul reconnected after ten years at a roadside stall, both fed up with how slowly logistics was automating, and decided to fix it themselves.
DIGIBOX is the country's first and only shared logistics infrastructure, a network of IoT lockers that any platform, bank or retailer can plug into. A toll road for deliveries.
The detail we keep coming back to: he doesn't buy the lockers, his team designs and manufactures them in-house, 31 people strong and with patents pending, which also sidesteps the punishing import duties that would sink anyone trying to bring the hardware in. He grew the network from 5 lockers to 55 largely bootstrapped. And he came through the political upheaval of 2024 owning more of the network than before, as lockers that had been leased became fully owned.
The proof that the road is real is already here: 123,000 end users, and roughly one percent of every Daraz order in the country now flows through it.
"It's secure, and it's unbreakable. Even if you take an axe to one of our lockers, it won't break. That's the beauty of it." Morshedul Alam Chaklader, co-founder and chairman
And the performance numbers are striking: close to a million deliveries to date, delivery costs cut by up to 40%, delivery times cut by up to 50%, failed deliveries down by up to 80%, every pilot converted into a paying client, and not one lost in 45 months.
→ Watch DIGIBOX’s 60-second pitch
Rezwanul is pitching at Demo Day, in Singapore on July 15 and online on July 23. Come and meet him in person.
COME SEE COHORT 13 PITCH
🇸🇬 In person, Singapore, Wednesday July 15
Join us in Singapore for an exclusive, in-person experience where investors, ecosystem leaders, and partners gather to meet eight high-growth startups solving critical problems across South and Southeast Asia.
💻 Virtual, Thursday July 23
Accelerating Asia is hosting a virtual edition of Cohort 13 Demo Day live for our global community of investors, founders, and partners. This is your chance to experience the pitches, meet the founders, and explore investment opportunities.
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