Bangladesh's first space sharing platform, Chaya, has raised USD 45K in pre-seed funding from angel investors Mr. Mohammad Maaz Mamoon and Ms. Isra Mamoon.

With a vision to simplify the process of renting and booking spaces, Chaya connects homeowners and businesses with users looking to book a space for their needs.

The early-stage startup plans to expand into a new vertical with the amount raised, as they look to bolster the team and onboard a network of homes across the country to create access to easy living.

"This is a big step in our journey, and we're excited to be going forward into providing solutions for a major problem that affects thousands of individuals around the country," says Mehraab Anwar, COO, and co-founder of Chaya.

Mehraab is a co-founder of social business Footsteps and marketing agency Scratchboard, both based in Dhaka. Farhia is an alumnus of the North South University. She had worked at Scratchboard, and was previously part of another startup called NewThread.

"We plan to open doors and access a network of housing that fulfills the needs of people who are struggling to find reliable housing in safe areas," says Farhia Tabassum, the CEO, and co-founder of Chaya.