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

Past deals in Bangladesh

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.

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.

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.

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.

HelloTask Platform

Funding Round in 2022
Domestic Helper Sourcing Platform in Bangladesh

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.

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.

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.

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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