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Top 10 Automotive VC (Venture Capital) Funds in Bangladesh in October 2023

A list of 10 VC (Venture Capital) funds that invest in Automotive startups based in Bangladesh. We rank investors based on the number of investments they made in Automotive companies from Bangladesh. We update this investor list every month.

Top 10 Automotive VC (Venture Capital) Funds in Bangladesh in October 2023

Investor Automotive Bangladesh investments
Bangladesh Angels 2
Millville Opportunities Management 1
Colopl Next 1
RC Ventures 1
TRU Financial Assistance Fund 1
Shorooq Partners 1
IDLC Finance 1
International Finance Corporation 1
Betatron Venture Group 1
The Aria Group 1

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Investor list
Bangladesh Angels
VC Fund · Dhaka, Dhaka, Bangladesh · 1 investment in the past 12 months

Bangladesh Angels operates as an angel investing platform. Its mission to nurture innovation and entrepreneurship in Bangladesh, connecting them to both local and global investors. Bangladesh Angels was founded in 2018 and is headquartered in Dhaka, Bangladesh.

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Investment focus

  • Supply Chain Management, Fashion, SaaS
  • Seed, Pre-Seed, Angel
  • Bangladesh, India, Estonia

Portfolio highlights

  • Airwrk — Expand your technology team with the best of South Asian talents. Hire risk-free with a 14-day trial and no hidden markups.
  • Shuttle — Shuttle is a mass-transit startup based in Bangladesh that provides safe transportation at an affordable fare by moving more people with fewer vehicles and caters to both B2B and B2C customers.
  • Reverse Resources — The smartest way to deal with leftovers from fashion production
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Millville Opportunities Management
VC Fund · New York, New York, United States · 1 investment in the past 12 months

Millville Opportunities Management offers investment management and consulting services.

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Investment focus

  • E-Commerce, iOS, Mobile
  • Series A
  • Pakistan, Bangladesh

Portfolio highlights

  • iFarmer — iFarmer is a technology company that enables small-scale farmers and Agri Businesses to maximize their profit.
  • Bookme.pk — Pakistan's leading online ticket booking platform. Buy E-tickets for bus, flight, movie, hotel & cricket with discounts and deals.
  • Truck Lagbe — Truck Lagbe network is the first and the largest online platform in Bangladesh. In this app based truck rental service you can hire trucks & pickups in a minutes.
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Colopl Next
VC Fund · Tokyo, Tokyo, Japan · 3 investments in the past 12 months

Colopl Next is the corporate venture capital of is Colopl, Inc, which is a leading Japanese gaming company. Colopl, Inc. is founded with the mission of “Entertainment in Real Life”, and constantly put its customer as first priority.Colopl Next is headquartered in Japan, but invests globally in a variety of internet businesses, with the commitmentto support innovative entrepreneurs.

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Investment focus

  • Software, Virtual Reality, E-Commerce
  • Seed, Series A, Funding Round
  • Japan, United States, South Korea

Portfolio highlights

  • Rybit — A leading technology platform that connects the last mile delivery industry, optimizing and simplifying day-to-day delivery operations.
  • Levr.ai — Levr.ai is an intelligent loans platform built to get your business funded—fast
  • Return Helper — Founded in 2018, Return Helper is a data-driven return management solution that optimizes return process and the aftermarket activities for online retailers. We support all the major ecommerce platforms including Amazon and FBA, eBay, Walmart, Shopify, Rakuten etc.
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RC Ventures
VC Fund · Dhaka, Dhaka, Bangladesh

RC Ventures is a seed and venture capital firm that invests in early stage companies in Bangladesh and neighboring high growth emerging markets. Our team consists of frontier investors, entrepreneurs, and corporate advisors with deep experience and personal ties in our target markets.

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Investment focus

  • Logistics, E-Commerce, iOS
  • Seed, Pre-Seed
  • Bangladesh

Portfolio highlights

  • KajKey
  • Pathao — Pathao can move you forward. One app for your success, earning, betterment, comfort, easy going lifestyle and many more. Keep #MovingSafely
  • Truck Lagbe — Truck Lagbe network is the first and the largest online platform in Bangladesh. In this app based truck rental service you can hire trucks & pickups in a minutes.
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TRU Financial Assistance Fund
VC Fund · Washington, District of Columbia, United States

A severance fund for the thousands of workers left jobless as a result of the retailer’s liquidation in the U.S.

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Investment focus

  • iOS, Mobile, Logistics
  • Series A
  • Bangladesh

Portfolio highlights

  • Truck Lagbe — Truck Lagbe network is the first and the largest online platform in Bangladesh. In this app based truck rental service you can hire trucks & pickups in a minutes.
Show more investments...

Shorooq Partners
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 12 investments in the past 12 months

Shorooq Partners is the leading tech investor in the region, inspired by the best entrepreneurs, investors and practices from around the world.

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Investment focus

  • Financial Services, E-Commerce, FinTech
  • Seed, Series A, Pre-Seed
  • United Arab Emirates, Pakistan, United States

Portfolio highlights

  • Dtonic — Efficient Spatio-Temporal Big Data Processing across Smart-X Industries
  • The Food Lab — The Food Lab is a cloud kitchen platform but describes itself as an infrastructure company for restaurants in Egypt — about 400,000 in number — in the food & beverage (F&B) space. The company provides a full suite of end-to-end services, including cloud kitchen (kitchen as a service) and procurement.
  • Retailo Technologies — Retailo is an online regional B2B marketplace platform that serves small and medium-sized retail businesses, including kiryana and baqala stores, in the MENAP region. We are using technology to digitize and streamline the retail sector to make it more efficient.
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IDLC Finance
VC Fund

IDLC is the Largest Non-Banking Financial Institution in Bangladesh

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Investment focus

  • E-Commerce, iOS, Apps
  • Seed, Series A, Series B
  • Bangladesh

Portfolio highlights

  • Arogga — Arogga App is the first Bangladeshi app that brought healthcare system to your doorstep. Easy and efficient. With a click of a button, upload your prescription and we will ensure safe delivery of your medicine at earliest possible time.
  • Chaldal — Order grocery and food online with same-day home delivery. Save money, save time
  • Truck Lagbe — Truck Lagbe network is the first and the largest online platform in Bangladesh. In this app based truck rental service you can hire trucks & pickups in a minutes.
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International Finance Corporation
VC Fund · Washington, District of Columbia, United States · 26 investments in the past 12 months

A strong and engaged private sector is indispensible to ending extreme poverty and boosting shared prosperity. That's where IFC comes in - we have more than 60 years experience in unlocking private investment, creating markets and opportunities where they are needed most.

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Investment focus

  • Financial Services, FinTech, Finance
  • Debt Financing, Funding Round, Series B
  • India, Brazil, United States

Portfolio highlights

  • SteinCares — SteinCares is a supplier of specialty healthcare products, such as complex generics, biosimilars, and cutting-edge pharmaceuticals.
  • Veritas Finance — Veritas Finance focuses on meeting the financial needs of the micro, small, and medium enterprises. Veritas Finance Private Limited is an organization started with the primary intention of reaching out to the customers who either have no access or inadequate access to financial services in the informal sector. 'Veritas' in Latin meanstruth. True to its name, Veritas is focused on making a true impact through inclusive access to financial services on the customers engaged in informal activities.The company is run by professionals with rich experience in the financial services industry that aims to make availing credit easy to this segment and make a positive impact on the lives of millions of Indians engaged in informal activities and who actually build the nation.
  • Mahindra Last Mile Mobility — Mile Mobility is a division of M&M that is in charge of the company's well-known mix of petrol, CNG, diesel, and electric last mile mobility 3- and 4-wheelers - passenger and freight vehicles.
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Betatron Venture Group
VC Fund · Sheung Wan, Hong Kong Island, Hong Kong · 3 investments in the past 12 months

Betatron Venture Group is a venture capital firm that invests in early-stage companies.

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Investment focus

  • Information Technology, Software, E-Commerce
  • Seed, Pre-Seed, Series A
  • Hong Kong, India, China

Portfolio highlights

  • Toku — At Toku, we help businesses in APAC build better customer experiences that drive more customer engagement. Headquartered in Singapore, we’re Asia Pacific’s bespoke cloud communications provider helping businesses overcome the complexity of digital transformation in the region, enhance their customer experience and cater to the growing demandfor hybrid work. As a channel-agnostic provider, Toku combines the most robust carrier-grade connectivity in APAC with local expertise and in-country infrastructure into bespoke CPaaS, CCaaS and UCaaS solutions that adapt to your business needs. Since its inception in 2018, Toku has worked with organisations as diverse as Gojek, JCDecaux, Public Utilities Board Singapore and foodpanda. Whether you are a sophisticated fully digital business or just starting your digital transformation journey, we have products to suit your internal collaboration and customer engagement needs.
  • Sinay — Use the full potential of your data with intelligent solutions. Become more efficient on a daily basis and reduce your environmental impact.
  • Baskit — baskit | Empowering wholesalers and distributors with the world's first cloud-native all-in-one app
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The Aria Group
VC Fund · Central, Hong Kong Island, Hong Kong

Founded in 2013, Aria is a family office focused on investments in the digital asset and blockchain space

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Investment focus

  • Supply Chain Management, Travel, Logistics
  • Seed, Series A
  • Hong Kong, Bangladesh, Switzerland

Portfolio highlights

  • Trip Guru — The booking platform that connects like-minded travelers via the best group experiences around the world. A FUN AND SOCIAL WAY TO TRAVEL. Offering tour packages for individuals or groups.
  • GuestReady — Premium Airbnb Management Service for your vacation rental. Maximise your revenues and become a Superhost with GuestReady's 5* property management service.
  • Truck Lagbe — Truck Lagbe network is the first and the largest online platform in Bangladesh. In this app based truck rental service you can hire trucks & pickups in a minutes.
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