Envirocove, an early-stage circular economy startup from Bangladesh, has proudly secured a place in the prestigious Microsoft for Startups Founders Hub. This collaboration aims to enhance Envirocove’s mission of extending the lifecycle of second-hand electronics, connecting buyers and sellers through a seamless, AI-powered marketplace.
The Microsoft for Startups Founders Hub is designed to empower early-stage startups by offering access to advanced AI tools, expert mentorship, and essential technology resources. Envirocove will now benefit from Microsoft’s premium suite, including Azure Cloud and 365 tools, enabling the startup to scale its operations, improve efficiency, and expand its reach.
Envirocove operates in a growing re-commerce market, where vendors can effortlessly list products, and buyers can ensure product quality through AI-powered features. Despite the market’s potential of BDT 200 billion, only 3% has been tapped by traditional businesses. This partnership allows Envirocove to bridge that gap, driving technological innovation and sustainability in Bangladesh.
Sihab Bin Toriq, the founder of Envirocove, expressed his excitement, noting, “This partnership with Microsoft is a game-changer for us. With their support, we are poised to create a more sustainable future for Bangladesh’s electronics industry.”
This collaboration is set to accelerate Envirocove’s growth, making a significant impact in the circular economy space with the support of Microsoft’s cutting-edge technology and guidance.