Startup Bangladesh

Startup Bangladesh is a venture capital investment firm based in Dhaka, established in March 2020 as the first government-sponsored fund in the country. It was created under the guidance of Prime Minister Sheikh Hasina to foster innovation, create jobs, and develop technical skills in alignment with the vision of Digital Bangladesh. With an initial capital of BDT 500 crores, the firm focuses on investing in technology-driven startups across various sectors, including fintech, health tech, e-commerce, artificial intelligence, and more. It supports pre-seed, seed, and growth stage companies through equity investments, convertible debt, and grants, while also providing co-investment opportunities and in-kind support. Startup Bangladesh aims to promote entrepreneurship, empower underrepresented tech groups, and drive transformational changes that enhance the lives of millions.

Sami Ahmed

CEO, Managing Director and Board Member

39 past transactions

Sheba.xyz

Series A in 2024
Sheba.xyz is an online marketplace that connects households with verified professional service providers for on-demand services. The platform allows customers to schedule appointments for a variety of services, including AC repair, cleaning, grocery delivery, and health and well-being support, all aimed at enhancing convenience and reducing hassle in daily life. By leveraging technology and expertise, Sheba.xyz has rapidly established itself as a leading and trusted platform in its market. With a focus on providing timely services, the company aims to deliver assistance within 60 minutes of a request. Its achievements include recognition through various awards, highlighting its innovative approach and commitment to quality service. Sheba.xyz is poised for further expansion in South Asia, continuing to refine its offerings and reach a broader audience.

Pulse Tech

Seed Round in 2024
Pulse Tech is a Health Tech company where we are Building an End to End Pharma-Stack to Empower 230K Pharmacies for the $ 4.3B Market in Bangladesh. In Bangladesh, The biggest challenge in the pharma industry is product distribution as all the pharma companies distribute products by themselves and the 2nd one is the expired and counterfeit medicines in the market. And to solve these issues we have introduced 2 Services and created a New Supply chain Ecosystem for the industry. Our data-driven pharmacy management software ‘MediPOS ’helps pharmacies to manage their business more easily and track all the transactions including the expiry products And, our integrated wholesale e-commerce platform 'Medbox' helps pharmacies to source all their products from a single application with the most competitive price in the market where we provide them the last mile delivery, embedded credit along with the guarantee of 100% genuine medicine directly source from the pharmaceutical companies. Combined these two services allow us to do extensive Data Analytics on the Medicine consumption behavior in the country.

Tutor Provide

Pre Seed Round in 2024
Tutor Provide Technologies Limited is a leading education technology company based in Dhaka, Bangladesh. Founded in 2017, the company connects students and guardians with qualified tutors both online and offline within 24 hours, offering fast, reliable, and personalized tutoring services. With over 180,000+ verified tutors and 60,000+ guardians in its network, Tutor Provide has become the go-to platform for students seeking high-quality educational support. Mission: Our mission is to revolutionize the tutoring industry by offering a platform that provides easy access to quality education, promotes personalized learning, and ensures trust and reliability. We prioritize female tutors, ensuring their safety and giving them preference in assignments while providing students with the best educational match for their needs.

Arogga

Seed Round in 2023
Arogga is a pioneering Bangladeshi app that facilitates the delivery of prescription and healthcare products directly to consumers' doorsteps. Users can easily upload their prescriptions, enabling quick and safe delivery of medications and a wide array of healthcare items. The platform offers a comprehensive selection of medicines, over-the-counter products, vitamins, fitness supplements, herbal products, and beauty care items. Arogga aims to enhance accessibility to healthcare services in Bangladesh and plans to expand its offerings further, positioning itself as a leading healthcare platform in the region.

10 Minute School

Seed Round in 2023
10 Minute School is an online education platform that has been delivering free educational content since 2015. It serves nearly two million students daily through its app and website, offering an extensive library that includes over 19,000 video tutorials, 50,000 quizzes, 1,350 smartbooks, and 1,139 live classes. The platform comprehensively covers textbook content for classes 1 to 12, making quality education accessible to a broad audience. In addition to primary and secondary school materials, 10 Minute School aims to introduce e-books and premium courses in the future. With more than 9 million followers across social media, the platform focuses on facilitating professional and skill development through a user-friendly online environment.

OpenRefactory

Seed Round in 2023
OpenRefactory offers a solution to fix security, safety, reliability, and compliance problems in software. OpenRefactory employs AI to ensure that digital systems are free of critical bugs and vulnerabilities that expose businesses to significant financial and reputational risk. The goal of OpenRefactory is to shed light on the dangerous issues hidden in complex software systems, automatically fixing bugs and vulnerabilities to speed up the creation of trustworthy digital systems at scale.

Digi Dokaan

Pre Seed Round in 2023
DigiDokaan is a 100% free app that allows you to make your online store within thirty seconds. Set up your shop, upload your products, and start selling.

ANTT Robotics

Seed Round in 2023
ANTT Robotics committed to efficiently serving and assisting consumers and businesses in increasing their technical.

YOUR-Campus

Pre Seed Round in 2023
Your-Campus offers IoT based laundry, self-serive shop and career services.

AmarLab

Pre Seed Round in 2023
AmarLab is a home-based pathology test service that connects individuals with diagnostic centers, making medical testing accessible for those unable to travel due to transportation issues, busy schedules, or mobility challenges. By offering an online platform for at-home lab services, AmarLab alleviates the need for clients to visit healthcare facilities, allowing them to receive necessary diagnostic tests in the comfort of their homes. This service aims to improve healthcare accessibility and convenience for patients facing various barriers to traditional medical facilities.

Pickaboo.com

Seed Round in 2022
pickaboo.com is a Bangladesh based online shopping platform or website for all types of electronics products. It is headquartered in Gulshan, Dhaka, Bangladesh. pickaboo.com is a brand child of Silver Water Technologies Bangladesh Limited. Pickaboo started its eCommerce operation in 2016. It is retailing all kinds of electronic products, necessary accessories and appliances. pickaboo.com sells mobile phones, tablets, desktop and laptop computers, large & home appliances, gaming console of gears and all electronic accessories. This online shopping store carries over 100 brands and more than 4000 quality products. Cash on Delivery, 0% EMI & Warranty Facilities are available in this platform. They have multiple payment facility like cash on delivery, card on delivery, credit card online payments, swipe on delivery and bKash. Website is safe and secured. For more your can visit their website at www.pickaboo.com.

Shuttle

Seed Round in 2022
Shuttle is a mass-transit startup that provides safe transportation at an affordable fare by moving more people with fewer vehicles and caters to both B2B and B2C customers. The startup also has B2B offerings that allow companies to provide daily commutes for their employees. Shuttle was founded in 2018 and is headquartered in Dhaka, Bangladesh.

Bimafy

Seed Round in 2022
Bimafy is the first insurtech platform in Bangladesh, dedicated to making insurance and financial services more accessible in everyday life. The platform offers digital solutions that emphasize convenience, transparency, and ease of use, allowing users to view and compare insurance products from various providers. Customers can purchase policies through a simplified process and manage their subscriptions, including submitting and tracking claims, with assistance for rapid settlements. Additionally, Bimafy caters to enterprises by providing tailored insurance solutions digitally, which helps reduce the costs and complexities associated with insurance management. This approach not only enhances product and service offerings for businesses but also supports increased revenue, customer engagement, and retention.

SWAP

Seed Round in 2022
SWAP is an online platform that provides simple selling options for purchasing unneeded items. The platform allows customers can purchase anything by personalized orders as well as sell their unneeded/surplus products such as smartphones, laptops, appliances, vehicles, etc., and exchange also. It also allows a seller to sell unwanted items at any convenient location and time, and accepts a variety of payment methods, both digital and cash. SWAP's goal is to provide consumers with limitless options - when a consumer earns money by selling unwanted items, it automatically increases his/her purchasing power at that time.

Vroom Services Limited

Venture Round in 2022
Vroom provides vehicle tracking service, LPG and CNG conversion, bank loans, emergency services, vehicle search parties, vehicle inspection services, auto training, IT support, and consultancy. They also provide support services like ownership transfer assistance, loan application, insurance purchase, and pre-purchase inspection.

ShareTrip

Venture Round in 2022
ShareTrip is a leading online travel aggregator in Bangladesh, originally founded as Travel Booking BD. The platform aims to simplify the travel experience for users through its innovative and user-friendly mobile app and website. ShareTrip allows customers to easily book flights, hotels, and holiday packages, offering a diverse selection of options from around the globe. In addition to travel bookings, the platform features engaging games that provide users with rewards such as TripCoin, which can be redeemed for discounts on future services. By combining convenience with entertainment, ShareTrip enhances the travel planning process and offers competitive rates and exclusive deals to its customers.

iFarmer

Seed Round in 2022
iFarmer is a digital agriculture platform based in Banani, Bangladesh, founded in 2018. The company connects farm sponsors with farmers, promoting safe food production and encouraging participation in agricultural livestock sponsorship. iFarmer offers a comprehensive suite of services, including financing, agricultural inputs, advisory services, insurance, and market access, targeting smallholder farmers and agricultural micro, small, and medium enterprises. By leveraging technology and data, iFarmer aims to serve as a one-stop solution for farmers, facilitating access to essential resources such as capital, training, and logistical support. This approach enhances the overall productivity and financial stability of the agricultural sector in Bangladesh.

MedEasy

Seed Round in 2022
MedEasy is a digital healthcare platform that facilitates communication between patients and licensed doctors through video consultations. The platform not only allows users to connect with healthcare professionals for medical advice but also offers a range of healthcare services, including medicine home delivery and doorstep diagnostic services. In addition to its consultation features, MedEasy provides a variety of medical products across several categories, such as women's health, sexual wellness, baby care, elderly care, over-the-counter medications, and tablets. This comprehensive approach aims to enhance the accessibility and convenience of healthcare for its users.

HelloTask Platform

Funding Round in 2022
Domestic Helper Sourcing Platform in Bangladesh

Loop Freight

Funding Round in 2022
Loop Freight is a technology-enabled logistics company that focuses on truckload freight solutions. The company simplifies the inland supply chain by offering services such as scheduled freight pickup and delivery, transporter asset management optimization, and expedited freight payment processing. By facilitating a platform for shippers to book, track, and pay for shipments, Loop Freight enhances the user experience while enabling carriers to minimize deadhead costs by selecting loads that are nearest to them. The overarching aim of Loop Freight is to lower the cost of freight transportation and streamline the logistics process for all stakeholders involved.

iFarmer

Funding Round in 2022
iFarmer is a digital agriculture platform based in Banani, Bangladesh, founded in 2018. The company connects farm sponsors with farmers, promoting safe food production and encouraging participation in agricultural livestock sponsorship. iFarmer offers a comprehensive suite of services, including financing, agricultural inputs, advisory services, insurance, and market access, targeting smallholder farmers and agricultural micro, small, and medium enterprises. By leveraging technology and data, iFarmer aims to serve as a one-stop solution for farmers, facilitating access to essential resources such as capital, training, and logistical support. This approach enhances the overall productivity and financial stability of the agricultural sector in Bangladesh.

Frontier Nutrition

Funding Round in 2022
Frontier Nutrition, Inc. is a company that develops and manufactures fortified packaged food products aimed at addressing the nutritional needs of low and middle-income families in underserved communities worldwide. Founded in 2017 by Eddie Bearnot and Tanveer Ali, the company is headquartered in New Haven, Connecticut. Frontier Nutrition's offerings are informed by research in pediatric nutrition and behavioral marketing, ensuring that recipes are tailored to local diets while being optimized for taste, nutrition, and affordability. The company's mission is to combat early life and maternal malnutrition by providing low-cost, convenient food options to families facing challenges such as limited access to healthcare, transportation, and clean water, thereby promoting a sustainable standard of living.

Truck Lagbe

Funding Round in 2022
Truck Lagbe is a logistics platform based in Bangladesh that facilitates the booking of trucks for shipping and freight transportation. The service allows shippers to hire vehicles ranging from 1 ton to 25 tons for both short-haul and long-haul trips. Available on Android and iOS, the application streamlines the process of securing transportation, enabling businesses to improve their logistics operations and ensure the safe delivery of goods.

Zantrik

Funding Round in 2022
"Zantrik" is a Transparent and Convenient vehicle maintenance platform developed with Process innovation, Technology and Artificial Intelligence. Traditional way of vehicle maintenance is unstructured and fragmented. It lacks transparency, reliability and standard, worldwide. Zantrik is streamlining this by developing a connected system that offers transparency, convenience and benefits to every stakeholder in this ecosystem. We are developing this system in a way can be scaled across geographical boundary. With this system, vehicle owners, garages and suppliers, all are connected to a single platform. From placing a maintenance request by vehicle owners till delivery by garage, the full execution life cycle is maintained in fully automated way, and each of these stakeholders gets clear visibility about what's going on, and can ensure value for money/profitability at the end of the day with the right flow of information.

10 Minute School

Seed Round in 2022
10 Minute School is an online education platform that has been delivering free educational content since 2015. It serves nearly two million students daily through its app and website, offering an extensive library that includes over 19,000 video tutorials, 50,000 quizzes, 1,350 smartbooks, and 1,139 live classes. The platform comprehensively covers textbook content for classes 1 to 12, making quality education accessible to a broad audience. In addition to primary and secondary school materials, 10 Minute School aims to introduce e-books and premium courses in the future. With more than 9 million followers across social media, the platform focuses on facilitating professional and skill development through a user-friendly online environment.

Sheba.xyz

Grant in 2021
Sheba.xyz is an online marketplace that connects households with verified professional service providers for on-demand services. The platform allows customers to schedule appointments for a variety of services, including AC repair, cleaning, grocery delivery, and health and well-being support, all aimed at enhancing convenience and reducing hassle in daily life. By leveraging technology and expertise, Sheba.xyz has rapidly established itself as a leading and trusted platform in its market. With a focus on providing timely services, the company aims to deliver assistance within 60 minutes of a request. Its achievements include recognition through various awards, highlighting its innovative approach and commitment to quality service. Sheba.xyz is poised for further expansion in South Asia, continuing to refine its offerings and reach a broader audience.

Intelligent Machines

Seed Round in 2021
We are a technology studio based in Bangladesh. We build customized AI and analytics models from scratch as services for organizations.

Moner Bondhu

Seed Round in 2021
Moner Bondhu is a platform to provide care for mental health and well-being service. Moner Bondhu offers access to trained, experienced psychologists, therapists, clinical social workers, and professional counsellors.

Dhaka Cast

Seed Round in 2021
Dhaka Cast is a health care startup focused to support diabetic patients and fully run by experienced and qualified doctors. Well-controlled diabetes and healthy life for every diabetic patient. For that, they work to provide healthy lifestyle education and the best service and products at the best price for consumers.

Pathao

Grant in 2021
Pathao Ltd. is a prominent digital platform in Bangladesh, established in 2015 and headquartered in Dhaka. The company specializes in ride-hailing, courier delivery, and food delivery services. It operates an application that facilitates ride-sharing through cars and bikes, as well as logistics solutions that connect online stores with customers for parcel delivery, including documents and gifts. Pathao has expanded its services to Nepal and currently operates in 64 districts across Bangladesh and 22 cities in Nepal. Known as the leading courier delivery company in Bangladesh, Pathao also offers fintech solutions and digital credit services, making it a significant player in the mobility, logistics, and financial services sectors in South Asia.

Hellotask

Pre Seed Round in 2021
HelloTask is a multichannel job platform designed to connect blue-collar workers, particularly domestic helpers, with households seeking on-demand assistance. The platform is accessible to all users, including those without internet access, thereby addressing the digital divide that affects a significant portion of the workforce. Utilizing AI-driven interactive voice response (IVR) technology, HelloTask enables real-time connections between workers and employers via mobile phones. The platform not only facilitates job placement but also offers skilled training programs and a review rating system, empowering domestic helpers to enhance their skills and improve their earning potential. This approach allows households to easily hire verified and skilled workers while providing blue-collar individuals with seamless job opportunities.

Bongo

Venture Round in 2019
Bongo is a Bangladeshi entertainment company specializing in on-demand video and live television services, tailored for mobile and web platforms. Founded in 2013 and headquartered in Dhaka, the company collaborates with telecom operators to deliver premium content to a rapidly growing market of 180 million people. Bongo manages a network of over 500 YouTube channels across five countries, amassing more than 83 million subscribers and reaching over 210 million unique viewers monthly. The company's extensive content library includes 57,000 titles in five languages, and it has launched a cricket website and an Android app to cater to cricket enthusiasts. Bongo also focuses on helping content creators transition into the digital landscape, supporting them in producing innovative and engaging content. The company's YouTube channel has achieved significant milestones, including over 2 million subscribers and receiving the Golden Play Button award from YouTube, as well as recognition from the ICT National Award.

Travel Bangladesh

Grant in 2019
Travel Bangladesh is an online travel marketplace that connects customers with a wide range of travel services, including hotels, and tour packages. Travel Bangladesh prides itself on offering high-quality, reliable travel services at competitive prices. Travel Bangladesh offers a diverse range of experiences and activities, including exclusive tour packages to popular attractions, guided tours, outdoor adventures, and more. The company partners with local suppliers to offer unique and authentic experiences, while also providing transparency and trust through detailed information and verified customer reviews. Additionally, Travel Bangladesh promotes sustainable tourism practices and supports local communities, providing travelers with the opportunity to make a positive impact on the destinations they visit. Travel Bangladesh's mission is to provide travelers with unforgettable experiences that go beyond the typical tourist attractions and create lasting memories.

Let's Furnish

Pre Seed Round in 2019
Let's Furnish is Bangladesh's first and only furniture and appliance rental company with a vision to make living easier and independent for the younger population in Bangladesh and aid the short term needs of businesses.

Shikho

Shikho is an innovative educational platform based in Bangladesh, focused on democratizing access to high-quality education for young learners. The platform offers a hyper-localized approach, allowing students to learn at their own pace with content that is accessible anytime and anywhere. Shikho provides live classes from expert tutors, alongside original animated video lessons tailored to individual testing performance. By incorporating gamification elements, students can earn points and badges as they progress through their syllabus, enhancing engagement and motivation. This transformative approach aims to bridge the gap between traditional educational methods and the demands of a modern, digital-first world, ultimately equipping the country's youth with essential skills for success in a rapidly evolving global economy.
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