# Top 30 Hardware Startup Investors in Bangladesh in October 2023

## Aminur Rashid
- Type: Angel
- Location: Dhaka, Dhaka, Bangladesh
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Shopping, Cosmetics, E-Commerce

Aminur Rashid is a co-founder of Pickaboo.com.

## Astir Ventures
- Type: VC Fund
- Location: South Plainfield, New Jersey, United States
- Relevant deals: 2
- Stages: Pre-Seed, Seed, Series A
- Focus: E-Commerce, Video, Fashion

Astir Ventures is a leading investment firm, seeking out the best and most exciting investment opportunities. We are looking for the best entrepreneurial and business ideas to fund, mentor, and bring to market. Astir Ventures can provide you with the necessary funding and support, so your idea goes from business proposal to practice. Astir Ventureshas a rich history of finding excellent business opportunities; nurturing, guiding, and funding them for success.

## Asymmetry Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Health Care, Biotechnology

Asymmetry Ventures invests in scalable early-stage companies with exceptional defensibility.

## Arun Gupta
- Type: Angel
- Relevant deals: 2
- Stages: Seed
- Focus: Shopping, Cosmetics, E-Commerce

Arun Gupta, the Founder and CEO of MoMAGIC is a technology veteran turned first generation serial entrepreneur, with 25+ years of experience and multiple patents to his credit, while donning the hat of Director MediaTek, for close to a decade. Arun Gupta is credited with being the architect of the 1st version of MediaTek handset MMI.

## Prime Bank
- Type: VC Fund
- Location: Dhaka, Dhaka, Bangladesh
- Relevant deals: 1
- Stages: Debt Financing
- Focus: Telecommunications, Optical Communication

Prime Bank, is a local commercial bank in Bangladesh.

## Manish Kumar
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Retail Technology, E-Commerce, B2B

Abhay Kumar is the CMD at Grihapravesh Buildteck Pvt. Ltd

## Habib Bank Limited
- Type: VC Fund
- Location: Karachi, Sindh, Pakistan
- Relevant deals: 1
- Stages: Series A, Debt Financing
- Focus: Telecommunications, Mobile, FinTech

Habib Bank Limited is a financial institution of Pakistan.

## BANSEA
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Seed
- Focus: B2B, Artificial Intelligence, Information Technology

BANSEA was establised in 2001 by a group of Singapore-based angel investors. BANSEA has network connections to angel groups in China, India, Malaysia and Thailand, as well as close links to groups in Europe and the US. Our members have investment experience spanning multiple sectors and a track record in building successful companies.BANSEAorganises 10 to 12 events in a year for our members to meet and listen to short pitches by start-ups shortlisted by our Screening Committe. Members may or may not invest as a group. While there could be collaboration on due dilligence, members exercise autonomy in making investment decsions. Start-ups that have successfully raised seed capital through our members also benefit from their value-added mentoring. Members benefit from an informed and collaborative approach to angel investing.

## NCC Bank
- Type: VC Fund
- Location: Dhaka, Dhaka, Bangladesh
- Relevant deals: 1
- Stages: Debt Financing
- Focus: Telecommunications, Optical Communication

NCC Bank offers saving and current accounts, house, personal, car, education, and health loans, lockers, credit, and debit card services.

## Trust Bank
- Type: VC Fund
- Location: Dhaka, Dhaka, Bangladesh
- Relevant deals: 1
- Stages: Debt Financing
- Focus: Telecommunications, Optical Communication

Trust Bank Limited (TBL) is a commercial banks in Bangladesh. The bank is sponsored by the Army Welfare Trust (AWT) first of its kind in Bangladesh. With a wide range of corporate, retail, SME, and Islamic Banking products TBL has been operating in Bangladesh from 1999 and has since achieved public confidence as a sound and stable financialinstitution.

## United Commercial Bank(UCB)
- Type: VC Fund
- Location: Dhaka, Dhaka, Bangladesh
- Relevant deals: 1
- Stages: Debt Financing
- Focus: Telecommunications, Optical Communication

UCB is creating a workplace where our people are empowered and enabled to drive their own careers and development...where our people leaders have the right tools and skills to support their people, and our customers benefit from highly engaged and capable people

## Bank Asia Limited
- Type: VC Fund
- Location: Dhaka, Dhaka, Bangladesh
- Relevant deals: 1
- Stages: Debt Financing
- Focus: Telecommunications, Optical Communication

Bank Asia is a third generation public limited commercial bank. It received the Certificate of Incorporation on September 28, 1999 and came to operation on November 27, 1999. Now after 19 faithful years of dedicated and reliable services

## Dutch-Bangla Bank
- Type: VC Fund
- Location: Dhaka, Dhaka, Bangladesh
- Relevant deals: 1
- Stages: Debt Financing
- Focus: Telecommunications, Optical Communication

Dutch-Bangla Bank provides a range of personal and business banking products along with electronic banking services.

## Jamuna Bank
- Type: VC Fund
- Location: Dhaka, Dhaka, Bangladesh
- Relevant deals: 1
- Stages: Debt Financing
- Focus: Telecommunications, Optical Communication

Jamuna Bank is a commercial bank that offers a range of banking products and services such as personal banking, foreign trade, etc.

## Mohammad Maaz
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed, Seed, Angel
- Focus: Payments, Information Technology, EdTech

Mohammad Maaz

## Mercantile Bank
- Type: VC Fund
- Location: Dhaka, Dhaka, Bangladesh
- Relevant deals: 1
- Stages: Debt Financing
- Focus: Telecommunications, Optical Communication

Mercantile Bank provides Islamic and other banking services such as deposits and loans.

## One Bank Ltd
- Type: VC Fund
- Location: Dhaka, Dhaka, Bangladesh
- Relevant deals: 1
- Stages: Debt Financing
- Focus: Telecommunications, Optical Communication

OBL is a Private Sector Commercial Bank

## SBK
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Internet, E-Commerce, Apps

SBK Tech Ventures is an impact technology fund focusing on early stage, tech-platform companies in emerging markets.

## Sabr Capital
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: B2B, Financial Services, Information Technology

Sector agnostic early stage investment partner for Shariah Compliant ventures based in Pakistan, Bangladesh, Middle East and Africa.

## Orbit Startups
- Type: VC Fund
- Location: Cork, Cork, Ireland
- Relevant deals: 1
- Stages: Seed, Convertible Note, Pre-Seed
- Focus: E-Commerce, Internet, Software

Orbit Startups helps companies scaling breakthrough technologies across emerging and frontier markets to the regions with the most aggressive growth.

## The City Bank
- Type: VC Fund
- Location: Dhaka, Dhaka, Bangladesh
- Relevant deals: 1

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.

## James Ang
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: B2B, Retail, E-Commerce

Digital Transformation is about Empowering People and Organizations to Perform at their Best.

## Mutual Trust Bank
- Type: VC Fund
- Location: Dhaka, Dhaka, Bangladesh
- Relevant deals: 1
- Stages: Debt Financing
- Focus: Telecommunications, Optical Communication

The Company was incorporated as a Public Limited Company in 1999, under the Companies Act 1994, with an Authorized Share Capital of BDT 1,000,000,000 divided into 10,000,000 ordinary shares of BDT 100 each. At present, the Authorized Share Capital of the company is BDT 10,000,000,000 divided into 1,000,000,000 ordinary shares of BDT 10 each.

## Bangladesh Angels
- Type: VC Fund
- Location: Dhaka, Dhaka, Bangladesh
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Angel
- Focus: Supply Chain Management, Fashion, SaaS

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.

## BKash
- Type: VC Fund
- Location: Dhaka, Dhaka, Bangladesh
- Relevant deals: 1

bKash is the fastest and safest medium of financial transaction, bKash makes your life simple with Send Money, Add Money, Pay Bill, Mobile Recharge, Payment and many more services.

## Commercial Bank of Ceylon
- Type: VC Fund
- Location: Colombo, Western, Sri Lanka
- Relevant deals: 1

Commercial Bank of Ceylon is a commercial banking in financial services company.

## Dhaka Bank Limited
- Type: VC Fund
- Location: Dhaka, Dhaka, Bangladesh
- Relevant deals: 1
- Stages: Debt Financing
- Focus: Telecommunications, Optical Communication

Dhaka Bank offers a complete range of banking, lending and investment services for individuals and business institutions.

## Meghna Bank
- Type: VC Fund
- Location: Dhaka, Dhaka, Bangladesh
- Relevant deals: 1
- Stages: Debt Financing
- Focus: Telecommunications, Optical Communication

Meghna Bank's Pay-Off line "Together we Sail"​ exemplifies our commitment to contribute towards building up an enlightened and prosperous nation. Meghna Bank is one of the recognised as a fastest growing commercial bank in the country and continuously stepped forward in financial inclusion process through technology based product& services.

## Standard Chartered Bank
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Debt Financing, Post-IPO Debt
- Focus: Financial Services, FinTech, Internet

Standard Chartered Bank offers personal and business banking services. Their solutions for companies include transaction banking and financial markets solutions. They also offer current accounts, savings accounts, credit cards, loans, and mortgage services.

## British International Investment
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Series B, Debt Financing
- Focus: Financial Services, Banking, Finance

British International Investment is the UK's development finance institution. We've been at the forefront of supporting companies in developing countries for more than 70 years.

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