In our latest article, “8 Best Startups in Bangladesh“, we take you on an exciting journey through the vibrant startup ecosystem of Bangladesh. We spotlight successful startups in Bangladesh that are turning heads with their unique business models and innovative solutions, effectively transforming traditional sectors.
We offer key insights into these game-changing enterprises and outline their significant contributions to the future economic landscape of the country. If you’re an entrepreneur, investor, or simply curious about the disruptive startup ideas in Bangladesh, this article is an essential read. Discover with us the top 8 startups that are poised to shape the Startup Bangladesh 2023 landscape.
So, don’t wait, dive in to explore the best of Bangladesh’s thriving startup scene.
8 Startups in Bangladesh
1. ShopUp: Full-stack B2B commerce platform for small businesses
ShopUp, a trailblazing startup based in Dhaka, has been revolutionizing small businesses since its inception in 2017. Established by a dynamic team of founders, including Afeef Zaman, Ataur Rahim Chowdhury, Navaneetha Krishnan J., Siffat Sarwar, Sujayath Ali, and Sujayath Ali, it has been a game-changer in e-commerce, internet, and shopping industries. Currently employing a dedicated team of 251-500 employees, ShopUp provides small businesses with rapid access to essential tools such as B2B sourcing, last-mile logistics, digital finance, and business management.
Over six funding rounds, ShopUp has successfully secured an impressive total of $28,440,700, backed by eight noteworthy investors. For more information, please visit their website.
Short Details of the startup:
- City: Dhaka
- Started in: 2017
- Founders: Afeef Zaman, Ataur Rahim Chowdhury, Navaneetha Krishnan J., Siffat Sarwar, Sujayath Ali, Sujayath Ali
- Industries: E-Commerce, Internet, Shopping
- Number of employees: 251-500
- Funding amount: $28,440,700
- Number of funding rounds: 6
- Number of investors: 8
You can find their website here.
2) ChalDal The Premier Startup Revolutionizing Grocery Delivery in Bangladesh
Emerging from the bustling city of Dhaka in 2013, Chaldal has swiftly ascended to the top of Bangladesh’s startup ecosystem. Founded by the dynamic trio – Tejas Viswanath, Waseem Alim and Zia Ashraf, Chaldal operates in the nexus of Delivery, E-Commerce, and Grocery industries. With a compact yet impactful team of 11-50 employees, Chaldal is reinventing the way people shop for groceries online.
The startup’s commitment to providing seamless and efficient services is evident in the impressive $14,800,000 funding amassed across four rounds from a robust network of eight investors.
For more information, feel free to visit their official website. Enrich your grocery shopping experience with Chaldal – a leading light in Bangladesh’s startup landscape.
Details of the startup:
- City: Dhaka
- Started in: 2013
- Founders: Tejas Viswanath, Waseem Alim, Waseem Alim, Zia Ashraf
- Industries: Delivery, E-Commerce, Grocery
- Number of employees: 11-50
- Funding amount: $14,800,000
- Number of funding rounds: 4
- Number of investors: 8
You can find their website here.
Nestled in the bustling city of Dhaka, Maya has carved its niche as one of the top startups in Bangladesh since its inception in 2011. With a commendable blend of technology and healthcare, Maya offers an innovative messaging network, uniquely designed to provide professional advice on physical and mental health. Utilizing Artificial Intelligence (AI) and Natural Language Processing (NLP), this startup has successfully revolutionized the way health and wellness advice is delivered.
Maya is a testament to the increasing diversity of startup ideas in Bangladesh, standing tall with its team of 51-100 dedicated employees under the visionary leadership of founder Ivy Russell. Having successfully navigated 12 funding rounds with the support of 11 investors, Maya has garnered a remarkable funding amount of $3,780,585.
As we look ahead to Startup Bangladesh 2023, Maya continues to exemplify the success and potential inherent in Bangladesh’s burgeoning startup scene. For more information, visit their website here.
Details of the startup:
- City: Dhaka
- Started in: 2011
- Founders: Ivy Russell
- Industries: Health Care, Natural Language Processing, Personal Health, Wellness
- Number of employees: 51-100
- Funding amount: $3,780,585
- Number of funding rounds: 12
- Number of investors: 11
You can find their website here.
4) Sindabad.com Bangladesh’s first and largest B2B e-commerce enterprise.
Sindabad.com has distinguished itself as one of the best startups in Bangladesh. Established in Dhaka in 2016, this trailblazer in the B2B and B2C e-commerce sector stands tall amongst successful startups in Bangladesh.
Co-founded by Asif Zahir and Zeeshan Huq, Sindabad.com is the country’s first and largest B2B e-commerce enterprise, contributing significantly to the surge of startup ideas in Bangladesh. With a dedicated team of over 100 employees, they have propelled the retail industry forward, attracting impressive funding of $8.3 million over two rounds from two investors.
Anticipating the Startup Bangladesh 2023 vision, Sindabad.com continues to inspire the next generation of entrepreneurs in Bangladesh. Visit their website to learn more about their innovative business model.
Details of the startup:
- City: Dhaka
- Started in: 2016
- Founders: Asif Zahir, Zeeshan Huq
- Industries: B2B, B2C, E-Commerce, Retail
- Number of employees: 101-250
- Funding amount: $8,300,000
- Number of funding rounds: 2
- Number of investors: 2
You can find their website here.
5) Shuttle serves citizens in Bangladesh with safe and economical transportation.
Shuttle, founded in Dhaka in 2018 by Jawwad Jahangir and Reyasat Chowdhury, has rapidly emerged as one of the most successful startups in Bangladesh.
This innovative firm is revolutionizing the Information Technology, Logistics, Supply Chain Management, and Transportation industries, offering safe and economical commuting solutions to the citizens of Bangladesh. With a strong workforce of 251-500 employees and a notable funding amount of $1,316,462 across four rounds from four investors, Shuttle exemplifies the spirit of startup ideas in Bangladesh.
Looking forward to 2023, we anticipate Shuttle’s continued growth and vital contribution to the startup Bangladesh 2023 landscape. For more information, you can visit their website here.
Details of the startup:
- City: Dhaka
- Started in: 2018
- Founders: Jawwad Jahangir, Reyasat Chowdhury
- Industries: Information Technology, Logistics, Supply Chain Management, Transportation
- Number of employees: 251-500
- Funding amount: $1,316,462
- Number of funding rounds: 4
- Number of investors: 4
You can find their website here.
6) Praava Health world-class doctors, diagnostics, and technology at its core.
Praava Health, one of the best startups in Bangladesh, has been making waves in the healthcare and wellness industry since its establishment in 2016. This Dhaka-based startup has been successful in reshaping the face of healthcare with its vertically integrated network of outpatient health centers. With a team of world-class doctors and cutting-edge technology, it has set a new standard for healthcare services in Bangladesh. An impressive funding amount of $10,600,000 showcases the trust and support it has garnered from its investors. With an employee count ranging from 101-250, it reflects the growth and potential of startup ideas in Bangladesh. As we look forward to the startup Bangladesh 2023 horizon, Praava Health continues to stand as a testament to the promising future of the startup ecosystem in the nation. For more details, visit their website.
Details of the startup:
- City: Dhaka
- Started in: 2016
- Founders: Sylvana Quader Sinha
- Industries: Health Care, Wellness
- Number of employees: 101-250
- Funding amount: $10,600,000
- Number of funding rounds: 1
- Number of investors: 6
You can find their website here.
7) PriyoShop an eCommerce platform that links small businesses with brands
Launched in 2018 by founders Asikul Alam Khan, Dipty Mandal, and Raisul Kabir, PriyoShop is swiftly shaping the startup landscape in Bangladesh.
As one of the best startups in Bangladesh, PriyoShop has carved out a unique space for itself by linking small businesses and brands, while also expertly handling last-mile fulfillment. Operating out of Dhaka, this successful startup is revolutionizing the B2B, retail, and shopping industries. As an eCommerce platform, PriyoShop is a perfect example of startup ideas in Bangladesh that have gained considerable traction. With a dedicated team of 101-250 employees and cumulative funding of $903,362, it’s clear that PriyoShop is poised for significant growth as we approach 2023.
More information is available on their website. As the startup Bangladesh 2023 journey unfolds, PriyoShop stands tall as a testimony of a thriving startup ecosystem.
Details of the startup:
- City: Dhaka
- Started in: 2018
- Founders: Asikul Alam Khan, Dipty Mandal, Raisul Kabir
- Industries: B2B, E-Commerce, E-Commerce Platforms, Retail, Retail Technology, Shopping
- Number of employees: 101-250
- Funding amount: $903,362
- Number of funding rounds: 3
- Number of investors: 7
You can find their website here.
8) SureCash provides a comprehensive mobile payment system.
SureCash, started in 2010 by Shahadat Khan in the heart of Dhaka, is one of the most successful startups in Bangladesh. With a team of 11-50 employees, the company has managed to secure a total funding amount of $7,000,000 in just one funding round.
The fintech startup is revolutionizing the financial services industry in Bangladesh with its comprehensive mobile payment system, marking it as a standout in the startup ideas in Bangladesh.
As part of Bangladesh’s startup milieu looking towards 2023, SureCash exemplifies the potential and innovation among the best startups in Bangladesh.
Simple yet profound, it’s an ideal representation of startup Bangladesh 2023. More details can be found on their website.
Details of the startup:
- City: Dhaka
- Started in: 2010
- Founders: Shahadat Khan
- Industries: Financial Services, FinTech
- Number of employees: 11-50
- Funding amount: $7,000,000
- Number of funding rounds: 1
- Number of investors: 1
You can find their website here.
In conclusion, the landscape of entrepreneurship in Bangladesh is promising, with several startups leading the way. The best startups in Bangladesh have showcased exemplary innovation and resilience, shaping the country’s economy and paving the path for future entrepreneurs. Their success stories serve as motivation and catalysts for startup ideas in Bangladesh, inspiring a new wave of innovators. Looking ahead to 2023, the startup Bangladesh scene is expected to flourish further, with more successful startups joining the ranks. As we navigate the exciting journey of entrepreneurship in Bangladesh, let’s continue supporting and celebrating our homegrown startups, fostering an ecosystem that encourages innovation, growth, and success.
