🦊/Investors

Startup Bangladesh

Government fund

Dhaka · Pre-Seed–Late Stage

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Investment thesis

Startup Bangladesh invests in seed and growth stage startups using a range of instruments including equity, convertible debt and grants. The firm operates through co-investments, functioning as both a fund-of-funds and an asset manager. Beyond capital, it provides in-kind support to startups and ecosystem stakeholders. Its focus is on the Bangladeshi startup ecosystem, based in Dhaka.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Late Stage
HQ
Dhaka, BD
Instruments
Equity
Founded
2020
Last 12 months
1 investment
Tracked investments
35
Unicorns
1
IPOs
1

What they invest in

from 14 of 35 portfolio companies

B2B Marketplaces ×4Fintech ×4Logistics & Supply Chain ×4AI & Machine Learning ×3Consumer ×3E-commerce ×3Enterprise Software ×3Healthtech ×3

HQs:Bangladesh×9United States×3

Who they back

founder profiles across 11 portfolio companies
27%
solo founders
3 of 11 mapped founding teams
17%
repeat founders
of 12 founders with career history

Founding team size:solo founder×32 founders×63 founders×2

Where their founders studiedfrom 11 founders with education data

North South University ×3

What their founders studiedfrom 12 founders with field-of-study data

Business & Management ×5Computer Science ×4Finance & Accounting ×3

Where their founders worked beforefrom 12 founders with career history

Edmund Hillary Fellowship (EHF) ×2SigFig ×2Socian Ltd. ×2

Investments · 35 tracked

founders shown can be your intro path

By year:2026 · 12022 · 22016 · 14 dated

Vroomvroom.comNASDAQ: VRM

Vroom operates two primary businesses following the 2024 wind-down of its used vehicle ecommerce platform: UACC, an indirect automotive lender offering financing to consumers through a network of independent and franchised motor vehicle dealers with a focus on non-prime credit markets; and CarStory, an AI-powered analytics and digital services platform for automotive retail.

Fort Worth, US

Allon Bloch(Executive Officer, Director)Marshall Chesrown(Executive Officer, Director)Thomas H. Shortt(Executive Officer, Director)Anna-Lisa Corrales(Chief Legal Officer, Chief Compliance Officer and Secretary)inJon Sandison(Chief Financial Officer)inKevin Westfall(Director)

Co-investorsFraser McCombs CapitalAltimeter CapitalDurable Capital PartnersFoxhavenGeneral CatalystL Catterton+2 more

Medeasymedeasy.healthin✓ verified

Brintop F 5% Topical Solution is a dual-action hair loss treatment containing minoxidil and finasteride for adult men.

B2B MarketplacesDigital HealthE-commerceHealthtechMedical DevicesBangladesh, BD

Arefin Zaman(Founder)inMd Nazmul Hossain(Founder)in

10 Minute School10minuteschool.comOct 2023

Affordable and accessible education platform for K-12, college, and competitive exam students in Bangladesh.

Co-investorsPeak XV PartnersSurgeSequoia Capital

Bimafybimafy.comin𝕏Dec 2022

Bimafy operates a digital insurance marketplace in Bangladesh where users can compare and purchase insurance plans from multiple providers through a web platform and mobile app.

FintechInsurTechSector AgnosticDhaka, BD

Arif Hossain(Founder)inArnab Paul(Founder)inAlvi N.in

Chaldalchaldal.com𝕏Aug 2022 · $10M

Chaldal.com is an online grocery and necessities delivery service available in Dhaka, Jashore, and Chattogram.

B2B MarketplacesConsumerE-commerceFoodTechLogistics & Supply ChainDhaka, BD

Waseem Alim(Founder/CEO)inZia Ashraf(Founder)inTejas Viswanath(Founder/CTO)in

Co-investors500 GlobalBeresford VenturesMetaplanetRazor CapitalXploration CapitalY Combinator+1 more

Dubotech Digitaldubotech.comJul 2026

Dubotech builds a sovereign, edge-native autonomy software layer that connects existing boats, drones, ground vehicles, sensors and undersea systems into a single coordinated fleet across air, land, surface and undersea domains.

AI & Machine LearningDefense TechRoboticsDhaka, BD

Frontier Nutritionfrontiernutrition.com

Frontier Nutrition makes fortified snacks aimed at improving pediatric and maternal nutrition, focusing on affordability and cultural relevance for low-income communities.

Advanced ManufacturingConsumerFoodTechImpact & Social GoodHastings On Hudson, US

Tanveer Ali(Co-Founder & CFO, Director)Eddie Bearnot(Co-Founder & CEO, Chairman)Rob Beudeker(Director)Shazi Visram(Director)Paul Levy(Director)

Co-investorsAdjuvant Capital

Hishabhishab.com.bdin𝕏

Hishab is an all-in-one business management software platform serving Bangladeshi SMEs, retail shops, distributors, and online sellers.

Enterprise SoftwareFintechRetail TechSaaS

Fayadan Hossain(Founder)in

iFarmerifarmer.asia

iFarmer operates Folon, a mobile app that delivers personalized agricultural advisory content, expert support, and financial services to small-scale farmers.

AgTechAI & Machine LearningFintechSaaSDhaka, BD

Co-investorsNexus for Development

Markopolo AImarkopolo.aiin𝕏

Markopolo is an AI-powered marketing platform for consumer brands that predicts customer behavior and autonomously triggers interventions, with an "Agentic Commerce" system that assigns each customer an AI agent.

AI & Machine LearningDirect to ConsumerE-commerceMarketing Tech

Ru(Cofounder)Tas(Cofounder)

Co-investorsHF0Dekko ISHO Venture CapitalJoa CapitalTranspose Platform Management

Moner Bondhumonerbondhu.comin

Moner Bondhu provides online and in-person counseling, crisis helplines, corporate workshops, and mobile app-based mental health content for individuals and organizations across Bangladesh and 13 other countries.

Digital HealthHealthtechMental HealthSocialWellness & FitnessDhaka, BD

Tawhida Shiropa(Founder and CEO)in

Pathaopathao.com𝕏Oct 2016

Pathao is a consumer super app in Bangladesh and Nepal offering ride-hailing (bike and car), food delivery, parcel/courier logistics, e-commerce, and fintech/payment services.

FintechLogistics & Supply ChainMobility & TransportationDover, US

Fahim Saleh(Director)Hussain Elius(Executive Officer)Shifat Adnan(Executive Officer)in

BoardEdward Simnett(Director)Siamac Kamalie(Director)Efath Sharker(Director)

Co-investorsAC VenturesAgaeti VenturesAnchorless BangladeshOpenspace VenturesRC VenturesSkycatcher Fund+2 more

Pulse Techpulsetechltd.comin

PulseTech is Bangladesh's leading tech-enabled pharmaceutical distributor rebuilding the supply chain that connects drug manufacturers to independent pharmacies.

B2B MarketplacesEnterprise SoftwareHealthtechLogistics & Supply ChainDhaka, BD

Arefeen Raafi Ahmed(Co-founder & MD)inKazi Ashikur Rasul(Co-founder)in

Co-investorsITERATIVE

ShareTripsharetrip.netin𝕏

ShareTrip is an online platform offering travel booking services (flights, hotels, holiday packages) and lifestyle solutions (bill payments, mobile recharges, shopping) through mobile apps and a website.

B2B MarketplacesConsumerTravel & Hospitality

Sadia Haque(Founder)in

Co-investorsAurelia Ventures

Sokrio Technologiessokrio.comin

Sokrio Technologies develops business management software including a CRM system and a distribution management system designed for retail channel management and sales automation.

Enterprise SoftwareRetail TechSaaSSales Tech

Truck Lagbetrucklagbe.comin

Truck Lagbe is an app-based online truck-rental platform that connects truck owners and drivers directly with shippers, offering booking with GPS tracking.

Logistics & Supply ChainMarketplacesMobility & Transportation

Co-investorsBetatron Venture GroupColopl NextMount Parker VenturesRC VenturesSeedstarsShorooq Partners+1 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

AmarlabAroggaBongo BdBooktionaryDhakacastEnglish ChampHellotaskIntelligent MachinesLoopMyaliceOpen RefactoryParents CarePavilionPickabooShebaShikhoShuttleSwapZantrik

Exits · 1

1 IPOs

VroomNASDAQ: VRM

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Startup Bangladesh made?
Startup Bangladesh has 35 tracked investments, 1 of which have exited, including 1 dated in the last 24 months.
What stage does Startup Bangladesh invest at?
Startup Bangladesh invests at the Pre-Seed, Seed, Series A, Growth, Late Stage stages.
What sectors does Startup Bangladesh focus on?
Startup Bangladesh focuses on Impact & Social Good, Sector Agnostic.
Where is Startup Bangladesh located?
Startup Bangladesh is headquartered in Dhaka, BD.
Who does Startup Bangladesh co-invest with?
Startup Bangladesh most often shares deals with Anchorless Bangladesh, RC Ventures, Fraser McCombs Capital, among 30 tracked co-investors.

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