Startup Bangladesh
VC Fund
Dhaka, Bangladesh
Startup Bangladesh is a VC fund in Dhaka focused on E-Commerce and Health Care. Startup Bangladesh Limited is the flagship venture capital fund of ICT Ministry. Under the visionary guidance of Honorable Prime Minister Sheikh Hasina, Startup Bangladesh - the first and only venture capital fund sponsored by the government of the people’s republic of Bangladesh started its journey on March 2020 with an allocated capital of BDT500 crores. This effort will enable the nation to innovate faster, create new jobs, develop technical skills, and realize the vision of Digital Bangladesh. Under the steadfast leadership of the Architect of Digital Bangladesh and ICT Advisor to the Honorable Prime Minister Sajeeb Wazed Joy, the startup ecosystem is forging ahead like a roaring Royal Bengal Tiger. With strong stewardship and support from Honorable State Minister Zunaid Ahmed Palak MP, the ecosystem sustained and expanded even during the Covid-19 pandemic. The Fund will provide investment in the form of equity, convertible debt and/or grants in pre-seed, seed and growth stage startups. It would invest thru co-investments, as a fund-of-funds and asset manager and provide other in-kind supports to startups and stakeholders. The Fund will support technology-based innovations to create new employment opportunities, promote under-represented tech groups, foster entrepreneurship culture and Bring transformational changes to lives of millions.
- Total investments:
- 38
- Last investment:
- Lead investor:
- 55%
Last updated:
For AI agents: llms.txt
Industries Startup Bangladesh invests in
Stages Startup Bangladesh invests in
Countries Startup Bangladesh invests in
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Fayez Ahmed
|
|||
Investment Focus
Industry
- E-Commerce 7 (18%)
- Health Care 6 (16%)
- EdTech 4 (11%)
- Education 4 (11%)
- Logistics 4 (11%)
Stage
- Seed 17 (45%)
- Pre-Seed 8 (21%)
- Series A 3 (8%)
- Funding Round 3 (8%)
- Venture - Series Unknown 3 (8%)
Country
- Bangladesh 29 (76%)
- United States 3 (8%)
- Singapore 2 (5%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
|
Fayez Ahmed
Investment Manager | Impact Investment
|
Investment Manager | Impact Investment | Total investments: 0 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
Dubotech
|
Dubotech Digital Limited is a pioneering deep-tech company from Bangladesh focused on underwater robotics and artificial intelligence. The company designs and manufactures advanced robotic platforms and AI-driven software for underwater inspection, survey, and environmental monitoring. By integrating robotics, data intelligence, and marineengineering, Dubotech enables safer, faster, and more sustainable underwater operations for the maritime, energy, and defense industries. | $42.6K / Pre-Seed / Jul 01, 2024 | |
PulseTech
|
Pulse Tech is an information technology company working towards building a digital healthcare ecosystem. | $91.1K / Pre-Seed / Apr 25, 2024 | |
Tutor Provide
|
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 inits 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. | Pre-Seed / Feb 18, 2024 | |
Sheba.xyz
|
Sheba.xyz is the household service marketplace that connects the verified professional service providers with customers on-demand basis. It has blended the technology and daily life services with the relevant expertise to bring a revolution in the service industry. Our goal is to provide on-demand services to a consumer within 60 minutes. Beingthe pioneer of Service Marketplace.SHEBA.XYZ quickly became the largest and most trusted platform available within the country. Technology, Resource and Process, the three key ingredients under a strong leadership made sheba.xyz a unique startup which has already received local and international awards including the prestigious GP Accelerator, Innovation Extreme, Echelon Top Asia 100 for 2016 and National Startup Award 2017. SHEBA.XYZ, run by a dynamic team came from diversified service industries, planning to expand her business within South-Asia within 2019. | $2.9M / Series A / Jan 06, 2024 | |
MyAlice
|
Alice is a omni-channel conversational AI based SAAS platform to Boost Sales, Automate Support and Reduce Cost! | $90K / Seed / Dec 01, 2023 | |
Arogga
|
Arogga App is the first Bangladeshi app that brings prescription and healthcare services to your doorstep. Easy and efficient, with just a click of a button, upload your prescription and we will ensure safe delivery of your medicine at the earliest possible time. Arogga, brings complete prescription and healthcare products from a complete range ofmedicines and over-the-counter items, including vitamins, diet/fitness supplements, herbal products, mother and baby care products, beauty products, and much more. With new services in plan, Arogga will be the number one healthcare platform for Bangladesh. | $5M / Seed / Oct 25, 2023 | |
10 Minute School
|
10 Minute School (10MS) is the largest EdTech platform in Bangladesh, providing affordable, high-quality education through a blend of live online classes, on-demand video courses, and interactive learning tools. It offers comprehensive afterschool tutoring for students in grades 6–12, preparation for key public exams (SSC, HSC, universityadmissions), and online + offline courses in spoken English, IELTS and other related language requirements.10MS serves millions of learners through its mobile and web platforms, combining engaging instruction with AI-driven personalization, smartbooks, quizzes, and practice tools. The company is expanding its reach through a hybrid learning model — complementing its digital platform with a growing network of physical learning centers in major cities. | $5.5M / Seed / Oct 11, 2023 | |
MedEasy
|
MedEasy is Bangladesh's no. 1 online pharmacy. | $750K / Seed / Sep 11, 2023 | |
Markopolo AI
|
Markopolo is a complete paid marketing suite that helps you launch targeted ads in seconds. Generate the perfect creative and AI-powered copy, schedule posts ahead of time to save time and get real-time analytics on how well they perform! If you’re looking for a smarter, faster way to create ads and automate the boring parts of ad management,there’s a tool you need to meet.We have built the software for cookieless era. We use server side pixel to gather lossless data from each and every attribution point. Business that adopt Markopolo see 34% reduction in Cost per click, 41% increase in Conversion rate and 30% increase in Budget spending efficiency within first few campaigns. These are the benchmarks achieved with the algorithms behind Marokopolo, and we have just started! We provide an end to end solution in Paid Marketing, which is critical for a modern marketing team manager to improve efficiency. Finding the right audience to target is a complicated science that we have cracked at Markopolo. We have a patent pending status in USPTO on it. Lastly getting real-time analytics from all these platforms and actionable suggestions from Markopolo algorithm completes the whole user journey.Features: - Integrates with Facebook, Instagram, Google Ads and YouTube - Built in Campaign Manager for scheduling and managing all the ads from one place - Ad Engine that monitors and optimises all the Ads 24/7 - Suggestion Engine that guides like a professional marketer - Get a holistic overview of all the metrics from all the campaigns in one dashboard - Ad Maker that comes with AI Generated Copy and Creatives - Targeting AI generates custom Audience presets - GDPR Compliant1,000+ businesses use Markopolo to automate their campaign creation and management in Social and Search Ad platforms.Try us out- https://www.markopolo.ai/Watch our product demo- https://www.youtube.com/watch?v=0VExF-j9sdg&t=87sWatch this how to get started video series- https://www.youtube.com/watch?v=VyFsYkb4YvQ&list=PLG1FKDs4H_wGH0NfxNflJgr0WVzn6m8Pj | $100K / Pre-Seed / Apr 26, 2023 | |
Bongo
|
BongoBD is a Bangladeshi entertainment company that offers on-demand video on the mobile and web as well as live tv. It works closely with telecom operators to offer premium content as the potential of the local market 180M population, rapid mobile data expansion is unleashed. The company also manages a network of YouTube channels and influencersin 5 countries with over 500 Channels under management and 83+ million subscribers in the network and a reach of over 210 million unique viewers a month.BongoBD helps content labels transition into a digital world, while they nurture talented creators to produce exciting content for their audience. The company's content library spans 5 languages and boasts 57,000 titles. It also launched a cricket website and an android app for cricket fans.The YouTube channel crossed the milestone of 2 million subscribers and received Golden Play Button award from YouTube and ICT National Award. BongoDB was founded by Navidul Huq and Ahad Mohammad in 2013 and is headquartered in Dhaka, Bangladesh, USA. | Series B / Apr 01, 2023 | |
| See all 38 investments → | |||
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FAQ
What does Startup Bangladesh invest in?
Startup Bangladesh invests primarily in E-Commerce, Health Care and EdTech startups, most often at Seed and Pre-Seed stage. Most of the 38 investments tracked by Shizune back companies in Bangladesh. The Investment Focus section breaks down every industry, stage and country in the portfolio.
How do I contact Startup Bangladesh?
Public channels for Startup Bangladesh include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at Startup Bangladesh?
The team at Startup Bangladesh includes Fayez Ahmed (Investment Manager | Impact Investment). The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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