Top 40 Transportation VC (Venture Capital) Funds in Bangladesh in October 2023

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

Portfolio highlights

• ZestMoney — Enjoy the convenience of shopping for electronic gadgets, fashion, travel, education on EMI without credit card. No debit card or credit score required!
• Flash — Flash is a mobile application and financial service company that facilitates digital payments to businesses.
• Indifi Technologies — Indifi Technologies is a digital lending platform that offers loans to those that have potential and intent.Indifi believes in helping small businesses grow by offering loans to those that have potential and intent. Most such businesses have little or no access to financing from traditional institutions such as banks or lack either collateral orfinance data trail to access a loan.Indifi is a technology platform that gathers and analyzes data of businesses from various sources and draws insights to judge their creditworthiness, their past and current performance in the context of the industry they are operating in. This differentiated approach helps find businesses that are low on risk and high on promise thus opening up possibilities for those who earlier had no access to short or long term business funding.Indifi takes the relevant applications to multiple lenders, increasing the chances to secure a loan and creates choice for lenders to pick the ones they wish to back.

Portfolio highlights

• zypl.ai — zypl.ai applies 'no data' AI at scale to advance financial inclusion in emerging and frontier markets. Our SaaS solution enables banks and microfinance organizations to instantly and accurate underwrite loans, both offline and digitally, to consumers with limited or no credit history.zypl's proprietary approach includes training AImodels on synthetically generated data with simulation of 'black swan' conditions, providing stable and adaptable SaaS in spite of macro volatility in developing markets. Apart from analyzing traditional variables such as social, demographic, and professional background of clients, our SaaS reviews device metadata, psychometrics, web trace, and macroeconomic factors to arrive at credit decisions.In the process, we fully customize AI models to risk appetite of each individual enterprise partner with the goal of reflecting their competitive market advantages. Additionally, we offer complete flexibility on mode of integration through either cloud or on-premise deployment based on enterprise preference. We only deploy explainable AI models with embedded 'weight-of-evidence' interpretation of each decision made by the software, complying with emerging regulatory requirements on credit scoring.Having launched our beta last year, we have scaled presence to 10 enterprise clients in 4 markets across Central Asia. In this time, we have underwritten >$9 million in consumer and small business (services, trade, agriculture) loans to over 12 thousand consumers with staggeringly low 0.7% portfolio-at-risk rate. Since booking first revenue earlier this year, we have surpassed 25% compounded monthly growth rate and reached financial break-even this month.As a complement to credit scoring, our product team has ventured into churn prediction in telecom sector through partnerships with 3 leading telcos in Central Asia. Our rapid product iteration and development is a result of an AI Academy that we have launched to nurture talent internally.zypl.ai was ideated at Stanford University's Startup Garage and recently completed the Silkway Accelerator by Google for Startups and Astana Hub. Our startup was launched with a grant from the Islamic Development Bank as part of the Transform Fund. With our pre-seed capital raise, we plan on globalizing our AI SaaS solution by expanding to new markets in MENA, Southeast Asia, and Eastern Europe.
• AwanTunai — AwanTunai seek to reinforce Indonesian needs and productivity by providing digital loan for a better financial freedom and capability to micro-entrepreneurs
• IMAN — One-stop shop for Halal investing

Portfolio highlights

• Onmeta — Onmeta
• Keyp — Improve onboarding and payments in your games & apps effortlessly with OAuth logins and debit card transactions. Use simple API calls to verify users, create, transfer & airdrop assets.
• Stratosphere Games — Berlin-based Stratosphere Games is a mobile development studio formed by gaming veterans from Splash Damage, Riot Games, Smilegate, Huuge and Nexon. Stratosphere works with partners like Gearbox, Boombit and 505 Games worldwide to deliver AAA-quality games. Backed by our own development architecture, we create next-gen experiences for your pocket,with a strong focus on high-end production values, leading-edge multiplayer features, and innovate engagement and retention elements. For more information, visit http://www.stratosphere-games.com.

Portfolio highlights

• Rebel Foods — Rebel Foods Services is a food delivery platform disrupting how people order and get food delivered on mobile. Every day, they serve around 10,000 customers who order through their mobile app and this number is growing significantly every month.
• Safeboda — At the click of a button, SafeBoda provides a safe, more convenient, mobile-first alternative to urban transportation for Africa’s booming young population. They are working to improve the industry for both drivers and passengers by increasing the number of safe trips taken per day and by making travel around cities convenient andstress-free.Founded in the heart of Kampala Uganda, they are truly an African business, designed for the African context.
• escapex — Usernesia situs slot deposit pulsa tanpa potongann terbaru di Indonesia. Daftar akun slot online di BO terbaik 2022, kami menyediakan rekomendasi slot gacor setiap hari.

Portfolio highlights

• Shikho — Shikho is a Bangladeshi education technology company on a mission to revolutionise the way Bangladesh learns today and democratise access to a high quality education. It is building a hyper-localised digital learning ecosystem designed specifically for the Bangladeshi national curriculum to serve a growing total addressable market of ~42 millionstudents. "Shikho - The Learning App" is available on the Google Play Store.
• Agroshift — Agroshift helps farmers sell their produce to businesses and consumers by providing a tech-enabled supply chain.
• HypeScout — Influencer Powered Marketing Platform! Find brand collabs and get paid!

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.

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.

Portfolio highlights

• Hishabplus — Hishabplus operates Android and IOS based apps that enable businesses to keep track of their financial transactions, credit information and accept payments online from different payment gateways.
• Digi Dokaan — DigiDokaan is a 100% free app that allows you to make your online store within thirty seconds. Set up your shop, upload your products, and start selling.
• Shajgoj — Bangladesh’s number one beauty & personal care e-commerce is SHAJGOJ. Our mission is to inspire women to be inspirational, to feel confident & empowered. We have touched more than 20 million Bangladeshi women’s heart, either by our content, or by our service. We have a huge curation of more than 15,000 products, which are 100% authentic,from 400+ brands in shop.shajgoj.com. With a huge rate of 50% growth every month, and a 70% delighted returning customer rate, we have been launching exclusively big names like Mamaearth, Ossum & global beauty leader L'Oréal since the beginning. We have always wanted to make a difference in the Bangladeshi women’s lives, and sharing knowledge makes that difference. Our consumers always take an informed purchase decision with our guidance. With our unique packaging & confirmed gift on every purchase, our customers get into that kernel of delight where they become delighted from being satisfied. And for that, we have built all our assets including our app & website to be super user friendly. We have a big team of in-house beauty consultants who give free beauty consultation to any of our readers or customers over messenger, texts or phone calls. Free beauty consultation is available in our retail outlets too, where the customers can try out a wide range of color cosmetics testers as well along with the huge collection of 100% authentic beauty & personal care products. Our retail stores & social media handles have always given us better inspiration & ideas about product lines & consumer behavior. When the internet penetration got higher, and people were habituated in the social first internet culture, there were no good contents in Bangla about beauty & personal care. That’s when Shajgoj launched its first content site shajgoj.com, with its unique & dynamic contents back in the year 2013. Till date, our content is richest as they are made with knowledge, experience, and loads & loads of research. We also get our content inspiration from the queries & feedback of our valuable customers & readers, both online & offline. Our team members are a bunch of cool learners, who are always open to learn new things. We have created a culture where the entire #teamshajgoj feels empowered. From pulling out targets to celebrating occasions together, our young-hearted bunch of amazing team members do everything together. And that’s how we all are thriving together, working & improvising ourselves each & every day. We have 65% female team members, and this is the best workplace for any women out there in Bangladesh. Along with doing the regular practices like paid maternity leave, we have opportunities to work from home, flexibility of bringing the kids to the workplace, always working on menstrual health awareness & many more activities to nurture the mental health. We have a very strong emotional relationship with all our valuable customers. They are our biggest strength. And we believe it will grow only stronger in the coming days.

Portfolio highlights

• Halodoc — Halodoc merupakan aplikasi kesehatan yang memberikan solusi kesehatan lengkap dan terpercaya untuk memenuhi kebutuhan kesehatan kamu dan keluarga.
• Maka Motors — MAKA is dedicated to building the best electric motorcycles for Indonesian riders.
• AMP — We make life simpler for merchants navigating the exponential growth of eCommerce with our suite of powerful software, global community, and educational resources.

Portfolio highlights

• Truckistan — Truckistan is developing a logistics platform to make shipping faster and cheaper. The company provides real-time tracking, a customer dashboard, account management, and guaranteed transit time, as well as SaaS tools for routing, vehicle loading, and RFID implementation throughout the supply chain.
• MarketForce — MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
• T40 Technologies — Founded in 2019, T40’s mission is to challenge the status quo on behalf of small and medium-sized intercity transport service operators in Nigeria. We are doing so by building an open technology infrastructure that would enable transport operators of all sizes to transition from manual and analog operations to a digital system that is guaranteed todeliver revenue growth and increased productivity to their businesses. Our digital channels has also helped many operators offer improved services to their travelers hence increasing their NPS in the process.

Portfolio highlights

• 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.

Portfolio highlights

• Caidio — Caidio is here to maximize the quality and productivity of global concrete construction by top notch AI technologies We help our customers increase quality, decrease construction time, and cut cost.
• Euler Motors — Euler Motors is an automotive tech startup based out of New Delhi focused on commercial electric vehicles. Inspired by the work done by EV Companies across the globe esp. Tesla, Euler Motors is committed to accelerating India's transition to sustainable mobility. Euler aims to become the category leader for cargo transport by driving theElectric Vehicle Revolution in India. Euler Motors is focused on first solving last-mile logistics for e-commerce and 3PL players. To kickstart mass-market adoption - Euler is offering the entire "mobility as a service" stack instead of serving just one stage of a larger value-chain.
• Selex Motors — Selex Motors, a startup in electric vehicles, is making urban transportation in busy cities of Southeast Asia green and empowering by offering the next generation of personal mobility.

Portfolio highlights

• Aampe — AI-driven CRM Marketing Automation. Create personalized, omni-channel customer experiences that increase customer engagement and retention.
• ClearFeed — Conversational Support Platform on Slack
• Induced AI — Induced AI works to automate browser tasks. It runs a cloud to complete manual tasks on a browser with human-like reasoning capabilities.

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.

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.

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.

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

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.

Portfolio highlights

• Nestcoin — Nestcoin is a web3 application company that builds, operates, and invests in crypto-native products.
• Brik — BRIK - [Re]Constructing Construction.
• Pomelo — At Pomelo we build state-of-the-art fintech infrastructure. Our technology enables you to launch and scale your financial services business.

Portfolio highlights

• Cashgrow — Cashgrow operates as a payment platform.
• Agroshift — Agroshift helps farmers sell their produce to businesses and consumers by providing a tech-enabled supply chain.
• Videowise — End-to-end eCommerce Video Platform built for scale & performance to help brands and retailers create interactive shoppable video experiences.

Portfolio highlights

• Bondstein — We help our customers save time and money through our wide range of products and services. We are an innovation driven company at the core. Our expertise with IOT enabled technologies have enabled us to create benchmarks for our clients in their respective industries. We solve problems that matter. We are creating a future with connected devices.

Portfolio highlights

• 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.

Portfolio highlights

• Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
• Koos — KOOS is a simple legal and technological solution for motivating and rewarding your community. Boost your growth by sharing success.
• Doublepoint — Solving Next-Generation Interactions. Doublepoint provides future computing platforms more intuitive, robust and versatile interactions.

Portfolio highlights

• Vytal.ai — Vytal allows for brain health evaluation in minutes with just a laptop. Take control of your cognitive health.
• Akhetonics — Creating the first all-optical RISC Processor
• Greena World — In a world where travel connects us, we often overlook the impact we leave behind. Tourism accounts for over 8% of global CO2 emissions. Beyond environmental challenges like deforestation, pollution, and water scarcity, local communities also face pressure, experiencing changes in their traditions and ways of life.With expertise from SwanseaUniversity and the United Nations, our team recognised these challenges and envisioned a world where travel helps, not harms. Introducing Greena World. More than just a piece of technology, it's a guide for hotels and restaurants, helping them understand, improve, and share their impact on both the environment and local communities.The true beauty of embracing sustainability? The rewards. With the Greena Index, businesses can improve their sustainability and, in doing so, unlock a new market of over 100+ million eco-conscious travellers, boost revenues, and save on operating costs.The sustainable tourism sector is rapidly expanding, currently valued at $75B and witnessing a growth rate of 9.7% each year. While our initial focus is on hotels and restaurants, the Greena Index has ambitions to reshape the entire spectrum of the industry, from airlines to activities and destinations.Join us on a mission to transform the entire tourism industry for many generations to come.

Portfolio highlights

• Nuport — Nuport automates delivery planning workflows for manufacturers and distributors thus saving order processing time by up to 85%.
• Parnity Inc. — Meet the evolution of forwarder networks. If you are tired of paying for multiple networks with no real benefits, look no further!

Portfolio highlights

• Jatri — Jatri is a public transport journey planner, digital ticketing and mobility marketplace, driving productivity by helping drivers to offer reliable transport to the commuters through our state-of-the-art technology.
• The Recommend Group — Find reliable home improvement services, home maintenance services, home cleaning services, home repair services. Over 10000 trusted pros. From renovation contractors and interior designers to handyman and cabinet contractors. Get quotes, book online, fast response.
• NodeFlair — NodeFlair aims to help tech talents make better career decisions through jobs, salaries, reviews, company insights, and more

Portfolio highlights

• ShopUp — ShopUp is a one stop solution for SMEs in Bangladesh. We help your business with sourcing, delivery, loan and many other services. Best b2b platform in Bangladesh.
• Dastgyr Technologies — Making trade and capital seamless and reliable

Portfolio highlights

• Agroshift — Agroshift helps farmers sell their produce to businesses and consumers by providing a tech-enabled supply chain.
• Trikl Technologies — Trikl is a saving platform enabling young people to start their journey to build long-term wealth - without any prior technical knowledge or experience. Trikl helps build prudent financial behaviour, while making it fun.
• Pattern Technologies — Pattern- Unlimited Rewards when you dine out!

Portfolio highlights

• 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.
• PriyoShop — Online shopping in Bangladesh for men, women & kids. Buy dress, gift item, beauty products, unique items, jewelry, watch, electronics at PriyoShop.com

Portfolio highlights

• STRM.BIO — STRM.BIO specializes in the fields of biotechnology and life science.
• Scentian Bio — Scentian Bio operates as a platform that provides ultimate sensing solution.
• AN2 Therapeutics — AN2 Therapeutics, Inc. is a California-based global health biopharmaceutical company focused on modern biomedical and drug development expertise to provide transformational medicines for patients suffering from infectious diseases. The company was founded in 2017 and is headquartered in Menlo Park, California, United States.

Portfolio highlights

• slowave — Slowwave discovered that the current sleep test is performed in a foreign hospital setting with numerous sensors attached to the head, making it impossible to test and identify sensitive insomnia patients effectively. As a result, a microprocessor and low-power measuring algorithm were integrated into an ultra-light patch, allowing patients withinsomnia to easily perform sleep EEG at home while eliminating factors that interfere with the examination and boosting measurement precision.
• Amo Travel — Amo Travel likewise swiftly established a market fit in Korea with minimal blog promotion.
• Apollon Inc. — Noninvasive Continuous Glucose Monitoring

Portfolio highlights

• Baskit — baskit | Empowering wholesalers and distributors with the world's first cloud-native all-in-one app
• Hybr1d — Hybr1d is an end-to-end workforce management system. Manage everything from onboarding, procurement, devices, and attendance to offboarding from a single platform.
• Trace+ — Our Comprehensive Health-based HR Solution enables workplaces like Factories, Offices, Universities to boost Safety, Wellbeing & Productivity

Portfolio highlights

• E-Desh — E-Desh is an E-Commerce Logistics Company that provides integrated logistic solutions with experience, capabilities, functional expertise, technological embedment.

Portfolio highlights

• OlaClick (YC W21) — Create electronic menu boards for your restaurant or store. It is totally free. QR codes menu or digital menu boards. Digitalize your menu in an instant and start receiving orders !
• Omnisient | Collaborative Consumer Intelligence — Omnisient is a privacy-preserving data collaboration platform that allows businesses to collaborate on data insights on consumer behaviour and preferences without sharing consumers' identities or contact information.
• Alvin — Alvin is a powerful mobile app that automatically creates and adjusts your budget to help you meet your goals.

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.

Portfolio highlights

• Peeba — Peeba is a curated online wholesale marketplace that transform the way local retailers in Asia shop for their stores.
• Fasal — Fasal, an agri-tech platform, developed by Wolkus Technology Solutions, is an AI-powered platform for the Agriculture ecosystem that records a variety of growing conditions on the farm. It then uses artificial intelligence and data science to make on-farm predictions, before delivering the insights anywhere on any device including (iOS, Android,Tablet, and web).Its data-driven precision agriculture solution recommends real-time agronomic solutions to growers using on-farm and micro-climate data collected through agnostic sensors that helps farmers with cost savings in terms of water, energy, fertilizers, and pesticides.
• Global Futures and Options — GFO-X is the UK's first regulated and centrally cleared trading venue dedicated to digital asset derivatives

Portfolio highlights

• Optera — Optera helps corporations measure, manage, and reduce their carbon emissions up and down their value chains, backed by comprehensive and trusted data.
• Firstcard — All-in-One Student Credit Builder. Build credit. Earn cashback. Grow your deposit.
• Numeral — Numeral provides fully automated revenue recognition and transaction-level cash reconciliation for high-volume businesses. The company's automated subledger provides real-time revenue reporting and transaction-level cash reconciliation for the digital payments era.

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.

Portfolio highlights

• Oware — Move your supply chain to the cloud Empower your business operations with efficiency, transparency & collaboration With our intuitive tools
• Pathao — Pathao can move you forward. One app for your success, earning, betterment, comfort, easy going lifestyle and many more. Keep #MovingSafely
• Maya — Maya is a mobile-based digital wellbeing assistant that directly connects to experts, doctors, and therapists.