
Sokrio Technologies
Automated distribution management and sales force platform.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
* | N/A | Early VC | |
Total Funding | 000k |
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Sokrio Technologies Ltd. is a Bangladeshi company founded in 2019 by Md. Mubir Mahbub Chowdhury, Nizam Uddin, and Tareq Hasan. The company provides software solutions designed to automate and optimize retail channel management for other businesses, particularly focusing on small and medium-sized enterprises (SMEs).
The core product is the Sokrio Distribution Management System (DMS), a mobile and web-based sales automation platform. This system enables businesses to manage their entire distribution network, including order processing, inventory monitoring, delivery tracking, and sales team activity monitoring. Key features include GPS-based sales representative tracking, retail point mapping, route planning, and a real-time management dashboard with advanced analytics for data-driven decision-making. The platform aims to increase accountability, improve process efficiency, and enhance customer satisfaction by streamlining operations.
Sokrio operates primarily on a Software-as-a-Service (SaaS) business model. The company also offers specialized versions of its DMS for specific industries such as FMCG, cement, and agriculture. In addition to its core DMS, Sokrio provides other software like a CRM, Sales Force Automation (SFA) tools, and custom web and mobile application development services. A newer initiative involves creating an information bridge between manufacturers and retailers to facilitate easier access to financing for the retailers by generating credit ratings based on transaction data.
After operating for several years on investments from family and friends, Sokrio Technologies received its first institutional seed funding from Bangladesh Venture Capital (BVCL) in 2024. The company and its founder have also gained visibility through appearances on Shark Tank Bangladesh.
Keywords: distribution management system, sales force automation, field force monitoring, retail channel management, supply chain optimization, inventory monitoring, route planning, mobile CRM, sales analytics, SaaS, SME solutions, order tracking, Bangladesh, Md. Mubir Mahbub Chowdhury, sales automation software, FMCG distribution, B2B software, retail tech, logistics automation, sales team tracking