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Nexthand.com leads charge in sustainable electronics with circular economy model

With operations launched in January 2025, Nexthand.com has already recorded 30% month-on-month growth and is on track to surpass $1 million in sales within its first operational year 

Update : 06 Apr 2025, 03:28 PM

In a world grappling with mounting e-waste and environmental degradation, Nexthand.com is emerging as a bold new solution driving the circular economy movement in South Asia. Founded by retail veteran Abu Sayed Piash in December 2023, the company is redefining how consumers buy and sell electronics — making sustainability both practical and affordable.

Nexthand.com offers pre-loved electronics — smartphones, laptops, tablets, and accessories — at accessible prices while providing customers the ability to sell their old devices for cash or trade them in for refurbished ones. This simple yet powerful idea addresses the growing need for reuse, repair, and responsible consumption, aligning directly with the United Nations Sustainable Development Goals (SDGs), particularly SDG 12: Responsible Consumption and Production and SDG 13: Climate Action.

With operations launched in January 2025, Nexthand.com has already recorded 30% month-on-month growth and is on track to surpass $1 million in sales within its first operational year — a testament to the growing demand for ethical tech solutions. The platform’s success is built on Mr. Piash’s decade of experience leading Sumashtech Ltd, Bangladesh’s largest electronics retail chain known for its stellar customer service and trust.

“Our mission is to democratize access to quality electronics while reducing the environmental footprint of technology,” said Abu Sayed Piash, Founder and CEO of Nexthand.com. “Every device reused is one less in a landfill, and one step closer to a sustainable future.”

The platform is also gaining strong investor confidence. Backed by early-stage investor ABM Obaidullah and Singapore-based Tiger Ventures, Nexthand.com is currently raising $1 million in a seed round, expected to close by June 2025, to scale its operations across South Asia and Southeast Asia.

By enabling consumers to participate directly in the circular economy, Nexthand.com not only helps reduce e-waste but also extends the life cycle of electronics, conserves natural resources, and lowers carbon emissions associated with the manufacturing of new devices.

As the climate crisis intensifies and global e-waste crosses 50 million tons annually, platforms like Nexthand.com represent a much-needed shift toward sustainable consumption. For eco-conscious consumers and investors alike, the company offers both impact and opportunity.

To learn more or trade in your device, visit www.nexthand.com.

About Nexthand.com

Founded in December 2023 by Abu Sayed Piash, Nexthand.com is a circular economy platform offering affordable pre-loved electronics with a mission to reduce e-waste and promote sustainable tech usage.

Operating out of Bangladesh with plans for regional expansion, it is backed by leading investors including ABM Obaidullah and Tiger Ventures

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