About Startup Bangladesh
Startup Bangladesh is a venture capital firm founded in 2020. It is primarily based out of Dhaka, Bangladesh. As of May 2025, Startup Bangladesh has invested in 31 companies. It primarily invests in Seed round in Bangladesh based startups. Its investments are spread across a wide range of sectors from Consumer to Enterprise Applications and Food and Agriculture Tech. Most recently it participated in the $***** Series A round of Shikho A lot of funds co-invest with Startup Bangladesh, with names like Wasikur Rahman sharing a substantial percentage of its portfolio. Startup Bangladesh has team of 26 people including 15 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio Soonicorns
Startup Bangladesh's List of Top Investments
Startup Bangladesh has a portfolio of 31 companies. Their most notable investments are in Chaldal and Sheba.Their portfolio spans across Bangladesh, United States and Singapore. They have invested in Consumer, Enterprise Applications, Food and Agriculture Tech and 18 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Startup Bangladesh:
1. Shikho
Provider of digital learning resources for academic and admission preparation. This platform offers live and recorded video lessons, animated educational content, and practice assessments. It provides study materials and analytical tools to support curriculum-based learning and test preparation. The system facilitates access to instructional content and performance tracking for students.
Key facts about Shikho
- Founded Year: 2019
- Location: Dhaka (Bangladesh)
- Stage: Series A
- Total Funding till date: $8M
- Employee Count: 516 as on Sep 30, 2026
- Investors: Goodwater Capital, Learn Capital and 18 Others
- Latest Funding Round: Series A, May 07, 2025, $*****
- Highlight: Editors' Pick
2. Arogga
Provider of an online pharmacy for healthcare products. The platform allows users to order medicines online by uploading the prescription and getting them delivers to the doorstep using the app. It also, offers information on the medicines and drugs with the price comparison to make better health decisions.
Key facts about Arogga
- Founded Year: 2020
- Location: Dhaka (Bangladesh)
- Stage: Seed
- Total Funding till date: $5.7M
- Employee Count: 224 as on Aug 31, 2026
- Investors: Blue Collective, Iterative and 15 Others
- Latest Funding Round: Seed, Oct 25, 2023, $*****
- Highlight: Editors' Pick
3. Pathao
Operator of an application providing ride-hailing, food delivery, and logistics services. The platform offers users a way to book transportation, order meals from various restaurants, and arrange for package delivery. It also provides options for users to earn income through driving, delivering food, or providing courier services.
Key facts about Pathao
- Founded Year: 2015
- Location: Dhaka (Bangladesh)
- Stage: Series A
- Total Funding till date: $50M
- Employee Count: 2,781 as on Sep 30, 2026
- Investors: K3, Provident Growth and 14 Others
- Latest Funding Round: Series A, Sep 14, 2024, $*****
- Highlight: Editors' Pick
4. Chaldal
Online retailer offering multi-category grocery products. The product catalog includes beverages, fruits, vegetables, grains, coffee, meat, seafood, and more. It also provides personal care products, fashion, home care, and more. The company also provides its mobile application for Android and iOS devices.
Key facts about Chaldal
- Founded Year: 2013
- Location: Dhaka (Bangladesh)
- Stage: Series C
- Total Funding till date: $30M
- Employee Count: 800 as on Sep 30, 2026
- Investors: ACE & Company, IFC and 29 Others
- Latest Funding Round: Series C, Jun 26, 2024, $*****
- Highlight: Editors' Pick
5. ShareTrip
App-based platform for travel booking services. It enables users to search, compare and book flight tickets and local tours or activities. Users can book tickets by providing relevant details including destination, dates, number of passager, and more.
Key facts about ShareTrip
- Founded Year: 2014
- Location: Dhaka (Bangladesh)
- Stage: Seed
- Total Funding till date: $500K
- Employee Count: 174 as on Sep 30, 2026
- Investors: Startup Bangladesh and Aurelia Ventures
- Latest Funding Round: Seed, Aug 11, 2022, $*****
Startup Bangladesh's Year-on-Year Investment Trends
Startup Bangladesh has invested in 31 companies over the last 9 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Shikho and most recent follow-on round was in Pickaboo.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 1 | 0 | 1 |
2023 | 6 | 1 | 7 |
2022 | 7 | 1 | 8 |
2021 | 7 | 0 | 7 |
2020 | 0 | 0 | 0 |
2019 | 0 | 0 | 0 |
2018 | 0 | 0 | 0 |
2017 | 1 | 0 | 1 |
Startup Bangladesh's Investments by Stage
Startup Bangladesh has made 14 investments in Seed stage with an average round size of $1.74M, 5 investments in Series A stage with an average round size of $1.5M, 2 investments in Grant (prize money) stage with an average round size of $11.8K and 2 investments in Series B stage with an average round size of $453K.Stage of entry | No. of Investments |
|---|---|
Seed | 14 |
Series A | 5 |
Grant (prize money) | 2 |
Series B | 2 |
Note: We have considered here, only first round of investments
Startup Bangladesh's Investments by Sector
Startup Bangladesh has a diverse portfolio, with companies operating in the Consumer, Gig Economy, Auto Tech, Food and Agriculture Tech and EdTech. Notably, it has invested in 27 Tech companies, 21 Consumer (B2C) companies, 9 Enterprise (B2B) companies and at least 8 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 12 |
Gig Economy | 5 |
Auto Tech | 4 |
Food and Agriculture Tech | 4 |
EdTech | 3 |
Others | 24 |
Note: We have considered here, only first round of investments
Startup Bangladesh's Investments by Geography
Startup Bangladesh has made most investments in Bangladesh (21), followed by Singapore where it has made 1 investment.Country | No. of Investments |
|---|---|
Bangladesh | 21 |
Singapore | 1 |
Note: We have considered here, only first round of investments
Startup Bangladesh's recent investments
Startup Bangladesh has not made any investment in 2026 so far.Here are the most recent investments by Startup Bangladesh:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 07, 2025 | Bangladesh | Series A | 9541 | [+2] | |
Jan 04, 2024 | Singapore | Seed | 2265 | - | |
Oct 25, 2023 | Bangladesh | Seed | 9407 | ||
Oct 12, 2023 | Bangladesh | Seed | 7329 | [+3] | |
Sep 11, 2023 | Bangladesh | Seed | 3275 |
Team profile of Startup Bangladesh
Startup Bangladesh has a team of 26 members including 15 Partners and 3 Principals located in Bangladesh. Startup Bangladesh's team does not sit on the board of any company as of now.Here is a list of top team members in Startup Bangladesh:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | ||
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | Bangladesh | - | - |
Co-investors of Startup Bangladesh
Over the past 9 years, 88 investors have co-invested in Startup Bangladesh's portfolio companies. This includes funds and angels.
- Invested before Startup Bangladesh: Accelerating Asia, IDLC Finance and 45 others have invested in rounds before Startup Bangladesh. There are 4 companies where Accelerating Asia has invested before Startup Bangladesh and 3 companies where IDLC Finance has invested before Startup Bangladesh.
- Top Co-investors of Startup Bangladesh: 22 investors entered a company along with Startup Bangladesh. These include investors like Wasikur Rahman (1 company).
- Invested after Startup Bangladesh: A total of 19 investors have invested in Startup Bangladesh's portfolio after their investments. Top Investors include VentureSouq (1 company), Anchorless Bangladesh (1 company) and South Asia Tech (1 company).
Recent News related to Startup Bangladesh
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Bangladesh Launches $32.7M Fund to Boost Startup FundingTech in Asia•Aug 19, 2026•Startup Bangladesh
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Nurul Hai Appointed as New MD of Startup Bangladesh LimitedApparelResources•Sep 02, 2025•Startup Bangladesh
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Online grocery pioneer Chaldal raises $10m fresh fundingThe Business Standard•Sep 30, 2024•Chaldal, Xploration Capital, MIR, Startup Bangladesh
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Peak XV’s Surge backs $5.5m round of Bangladeshi edtech startupTech in Asia•Oct 12, 2023•Peak XV Partners, Conjunction Capital, Startup Bangladesh, IIFL Finance and 3 others
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Seedstars, Accelerating Asia back Bangladeshi e-pharmacy startup MedEasye27•Sep 11, 2023•MedEasy, Seedstars International Ventures, Doha Tech Angels, Startup Bangladesh and 2 others
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Truck Lagbe closes series A+ financing roundDhaka Tribune•Jul 16, 2023•Truck Lagbe, PSA International, Startup Bangladesh, IDLC Finance
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Startup Bangladesh signs payroll banking agreement with EBLDhaka Tribune•Mar 09, 2023•Eastern Bank, Startup Bangladesh
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Bangladeshi transportation firm fuels up with $1.5m from South Asia Tech, othersTech in Asia•Dec 20, 2022•Shuttle, South Asia Tech, Startup Bangladesh, Bangladesh Angels and 3 others
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Bimafy receives 1C investment from Startup BangladeshDhaka Tribune•Dec 10, 2022•Bimafy, Startup Bangladesh
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Startup Bangladesh to invest 5C in re-commerce platform SwapDhaka Tribune•Nov 19, 2022•Startup Bangladesh, SWAP, ZA Capital Advisory, Accelerating Asia and 1 other
