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The City Bank, VC Fund

The City Bank

VC Fund

Dhaka, Bangladesh

The City Bank is a VC fund in Dhaka focused on B2B and Fashion. From 1983 till date, City Bank has been a case study in evolution, having transformed over time from a traditional organization to a critically acclaimed multi-faceted institution that embraces global best practices and chooses to be at the forefront of technological initiatives. Unlike many, the Bank's criteria for success are not only thebottom-line numbers but also the milestones set towards becoming the most complete bank in the country.

Total investments:
3
Last investment:
Lead investor:
0%

Last updated:

Industries The City Bank invests in

B2BFashionTextilesLogisticsE-Commerce

Stages The City Bank invests in

Debt FinancingPost-IPO Debt

Countries The City Bank invests in

Bangladesh

Round sizes

Debt Financing $1k–$30M

Contacts

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Round size

Debt Financing
$1k–$30M

Investment Focus

Industry

  • B2B 1 (33%)
  • Fashion 1 (33%)
  • Textiles 1 (33%)
  • Logistics 1 (33%)
  • E-Commerce 1 (33%)
See all 8 industries →

Stage

  • Debt Financing 2 (67%)
  • Post-IPO Debt 1 (33%)

Team

NameTitleInvestmentsLinksEmail
Mahbubur Rahman
Mahbubur Rahman Managing Director & CFO
Managing Director & CFO Total investments: 0 Find email
Mahia Juned
Mahia Juned Deputy Managing Director & Chief Operating Officer
Deputy Managing Director & Chief Operating Officer Total investments: 0 Find email
CEO Total investments: 0 Find email

Investments

CompanyDescriptionRoundLinks
Far East Knitting & Dyeing Far East Knitting & Dyeing
Far East Knitting & Dyeing Industries provides knit garments like casual wear, activewear, and basics in menswear and womenswear. Their services includes sewing, cutting, printing, embroidery, washing, designing, patterning fabric, dyeing, and knitting $19.1M / Post-IPO Debt / Jun 16, 2026
ShopUp ShopUp
ShopUp is Bangladesh’s full-stack B2B commerce platform for small businesses, providing easy access to B2B sourcing, last-mile logistics, and BNPL solutions. The company provides easy access to B2B sourcing, last-mile logistics, digital credit and business management solutions to small businesses. ShopUp is headquartered in Dhaka, Bangladesh. $30M / Debt Financing / Feb 02, 2023
Banglalink Banglalink
Banglalink is a provider of telecommunication and internet broadband services. $138.7M / Debt Financing / Apr 27, 2022

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Clean Energy
Non Profit
Social Impact
Energy
SaaS
Google
CleanTech
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Health Care
Enterprise Software
Local
Travel
Platforms
InsurTech
Oil and Gas
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Film
Payments
Marketplace
Fitness
Organic Food
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Wellness
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Legal
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FAQ

What does The City Bank invest in?

The City Bank invests primarily in B2B, Fashion and Textiles startups, most often at Debt Financing and Post-IPO Debt stage. Most of the 3 investments tracked by Shizune back companies in Bangladesh. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What round sizes does The City Bank invest in?

The City Bank typically joins rounds of $1k–$30M at Debt Financing. These are whole funding-round sizes, not The City Bank's own check, which is rarely disclosed: the 10th–90th percentile of the confirmed public funding rounds The City Bank took part in.

How do I contact The City Bank?

Public channels for The City Bank 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 The City Bank?

The team at The City Bank includes Mahbubur Rahman (Managing Director & CFO), Mahia Juned (Deputy Managing Director & Chief Operating Officer) and Mashrur Arefin (CEO). 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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