Jamuna Group Not to Invest in Evaly

Jamuna Group, one of the country’s largest conglomerates, has announced that it would not invest in Evaly, considering the e-commerce platform’s present condition, reports media.   

Director (Commercial) ABM Shamsul Hasan confirmed the group’s decision on the matter.

Meanwhile, Jamuna Group Director for Marketing, Sales and Operations Mohammed Alamgir Alam posted an ‘urgent public notice’ in his Facebook account over the investment issue.

In the notice, he said the group is unwilling to risk its long-earned money, reputation, talent and capabilities by making an imprudent decision to invest crores of taka in any business sector without thorough review.

Without mentioning the name of the e-commerce platform, Alam said the decision, authority and rights to invest the group’s money in any other company is its sole prerogative.

“The Jamuna Group has not taken any responsibility in the past for any internal affairs of any other company and will not do so in the future,” he added.