Deskera Continues Impressive Growth, Expands Footprint in Bangladesh
Monday, March 20, 2017
MUMBAI and DHAKA, Bangladesh, March 20, 2017 /PRNewswire/ --
Majority of the Growth Comes From Mid and Small-sized Businesses as Deskera Reaches
out to Global Markets
Deskera, a global-provider of cloud-based software solutions for small and mid-sized
businesses, is expanding its presence in Bangladesh to bring the country's enterprises the
best business software to run their operations. Having seen impressive growth globally,
with 400% percent increase in revenue year over year, Deskera is committed to greater
investment in the Bangladesh market.
"Our increased investment in Bangladesh is integral to our long-term growth in the
region and the rest of the world," explained Deskera CEO Shashank Dixit. "Demand for a
complete software solution such as ours is high. Our mission has always been to provide
world-class technology to mid-sized companies so they can succeed by running more
efficiently and keeping their customers happy at an affordable price."
As part of the initiative, Deskera has partnered with Sheba Technologies Limited, a
sister concern within Sheba Group, Bangladesh, to change the way enterprises do business
in the country and thus help them enhance their productivity and growth.
"Bangladesh could be one of the fastest growing economies in the coming years.
According to a recent report, the country may emerge as the world's 28th most powerful
economy by 2030," said Hemanth Dattatreya, Global Head, Channels and Alliances, Deskera.
"With local partners like Sheba Technologies Ltd., who have been contributing handsomely
to the government's efforts for a Digital Bangladesh, we are determined to help transform
local enterprises into global-scale businesses through our software."
Deskera has always been at the forefront of helping SMEs improve their businesses, and
this improvement will have a particularly positive impact on Bangladesh, as SMEs are the
backbone of the country's economy. According to the International Monetary Fund (IMF)
Country Report (2012), SMEs in Bangladesh account for more than 99% of private sector
industrial establishments and create job opportunities for 70-80% of the non-agricultural
"We are looking forward to this partnership. We have always admired the way Deskera
has been working to provide world-class technology to mid-sized companies so they can grow
by running more efficiently. We at Sheba Technologies Ltd. have been pushing Bangladesh
towards digital adoption. Together we can leverage our combined strength to help these
enterprises compete globally," said Reaz U. Ahmed, COO, Sheba Technologies Ltd.
With digitalization, Bangladesh's GDP will continue to grow. It is hovering around the
7 per cent mark. Moreover, Bangladesh has a fast growing working-age population, which
will easily adapt to new technology.
For the past eight years, Deskera has been providing cloud-based software to companies
around the world. Today, more than 3,000 businesses, with approximately 80,000 users,
manage their companies with Deskera ERP.
In the last year alone, Deskera has been honored with industry awards like the 2016
Vanguard award for innovation and earning a name among the top players in the tech
industry at Asia Enterprise BRAND Awards. Deskera was also selected as one of the year's
Red Herring 100 Asia Winners and was featured in the Top 20 Finance Technology Solution
Providers by CIO Advisor.
About Deskera (http://www.deskera.com
is a global leader in cloud-based solutions for small and mid-sized
The company was founded in 2008 with the vision of using the cloud to bridge the
digital divide between entrepreneurs and big business by creating greater access to the
best technology. Our sophisticated, simple-to-use technology provides solutions that help
all types of companies manage resources more efficiently across departments, from
operations to accounting to sales to HR, on one platform. Deskera is headquartered in San
Francisco, California with offices around the world including locations in Singapore,
Malaysia and Indonesia. The company has a pan India presence with offices in Mumbai, Delhi,
Bangalore, Ahmedabad and Pune.
To find out how cloud solutions can make it easier to run your business, please visit
About Sheba Technologies (http://www.shebatech.com.bd)
Sheba Technologies Limited (STL) was formed to participate in various exciting
opportunities associated with the efforts of the Government to transform the country into
Digital Bangladesh. STL is a subsidiary of Sheba Group which has over 20+ years of
management experience with proven track record in rendering technologically advanced
products and services.
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