Startups ranked by AI-estimated valuation
Bangladesh’s 17 most valuable startups
A quarterly ranking of non-listed Bangladeshi startups that have already raised funds, established by artificial intelligence from public information. The market sets the value; AI models estimate it.
Listed benchmarks
Genex Infosys · IT services and outsourcing · Dhaka Stock Exchange · GENEXILADN Telecom · Telecom and IT services · Dhaka Stock Exchange · ADNTEL
Not ranked: no intention is possible on a listed company.
The market at a glance
17companies ranked
4companies on the radar
USD 124M (about USD 14M excluding SILQ)raised in 2025
12rounds in 2025
Bangladeshi startups raised USD 124M in 12 deals in 2025, up from USD 42M in 2024, but the ShopUp-Sary merger round that formed SILQ accounted for about 89%; the rest of the ecosystem raised about USD 14M, almost entirely from foreign investors. Funding fell to about USD 6M in the first half of 2026, the lowest first half in five years. Sources: LightCastle Partners, Bangladesh Startup Investments Report 2025 (via The Financial Express), Startup Bangladesh, Startup Investment Report: Year in Review 2025, LightCastle Partners, Bangladesh Startup Investments H1 2026. Intention counters will be shown above a threshold of amount and number of Backers.
National ranking · all sectors
Snapshot24 Oct 2026A snapshot taken on 24 Oct 2026
This ranking shows the startups as they stood on 24 Oct 2026. Funding rounds, valuations and other events announced after that date are not included yet. They will be taken into account in the next edition, scheduled for 24 Nov 2026.
Spotted a more recent round? Tell us →First edition: no movements yet.
This ranking shows the startups as they stood on 24 Oct 2026. Funding rounds, valuations and other events announced after that date are not included yet. They will be taken into account in the next edition, scheduled for 24 Nov 2026.
Spotted a more recent round? Tell us →First edition: no movements yet.
By sector29% Mobility & logistics23% Commerce18% Healthtech12% Travel6% Edtech6% Energy & climate6% Food & agriculture
| # | Company | Sub-sector | Known funding | Estimated valuation (AI) · range | Pool of InterestsInterest: a free, non-binding declaration on a company, or on a sector within an area, made during the free phase of a pool. Pool: all the Interests declared on the same target. This column shows the number of Backers and the combined amount of their tickets, to validated members only. Terms for Backers → | BackBacking a startup on Uback (pronounced “you back”) can be done in two ways: Interest · free: a non-binding declaration that signals your demand for a company or a sector. You can move or withdraw it at any time, with up to 5 at once. Intention · coming soon: a paid, confirmed declaration, still non-binding. Once its pool reaches critical mass, it is presented to a company by a partner desk. Neither is an order nor a commitment to invest. Terms for Backers → |
|---|---|---|---|---|---|---|
| 1 | PathaoDhaka · founded 2015 Holds a Bangladesh Bank payment service provider licence for Pathao Pay. |
Mobility › super app (ride-hailing, delivery, payments) | USD 50M+ raised Pre-Series B · USD 12M · Sep 2024 (VentureSouq; Anchorless Bangladesh, Osiris Group, South Asia Tech); over USD 50M raised in total |
Last known equity round: Pre-Series B · USD 12M · Sep 2024 (VentureSouq; Anchorless Bangladesh, Osiris Group, South Asia Tech)Method | Be the first | Back |
| 2 | Praava HealthDhaka · founded 2018 Operates a flagship medical centre and about 40 smaller clinics in Dhaka (2021). |
Healthtech › clinics & telehealth | USD 10.6M+ raised Series A Prime · USD 10.6M · Mar 2021 (SBK Tech Ventures) |
Last known equity round: Series A Prime · USD 10.6M · Mar 2021 (SBK Tech Ventures)Method | Be the first | Back |
| 3 | ChaldalDhaka · founded 2013 Claimed USD 40M revenue over 12 months and ~2.5M orders in 2021. |
E-commerce › online grocery | raised Follow-on · BDT 2 crore · Jun 2024 (Bangladesh Venture Capital), after a USD 10M Series C in Sep 2021 |
Last known equity round: Series C · USD 10M · Sep 2021Method | Be the first | Back |
| 4 | AroggaDhaka · founded 2020 Founded in December 2020; earlier USD 1.3M seed in April 2022 led by Hyper. |
Healthtech › online pharmacy | about USD 5.7M raised Follow-on · USD 1M · 2024 (SBK Tech Ventures), after a USD 5.5M seed in Oct 2023 (The Venture Collective; Iterative, IDLC, Startup Bangladesh) |
Last known equity round: Seed · USD 5.5M · Oct 2023 (The Venture Collective; Iterative, IDLC, Startup Bangladesh)Method | Be the first | Back |
| 5 | 10 Minute SchoolDhaka · founded 2015 Startup Bangladesh cancelled its Tk 5 crore ticket in July 2024 for political reasons, then reinstated it in January 2025. |
Edtech › tutoring | about USD 7M (Tk 78 crore) raised Pre-Series A · USD 5.5M · Oct 2023 (Conjunction Capital; Surge, Startup Bangladesh) |
Last known equity round: Pre-Series A · USD 5.5M · Oct 2023 (Conjunction Capital; Surge, Startup Bangladesh)Method | Be the first | Back |
| 6 | PriyoShopDhaka · founded 2021 About 55,000 merchants (2024); reported operational profitability in May 2025. |
B2B commerce › retail marketplace | raised Pre-Series A · USD 5M · Feb 2024 (Century Oak Ventures; Evolution Ventures, Iterative, SOSV) |
Last known equity round: Pre-Series A · USD 5M · Feb 2024 (Century Oak Ventures; Evolution Ventures, Iterative, SOSV)Method | Be the first | Back |
| 7 | SindabadDhaka · founded 2016 Operated by Zero Gravity Ventures, which also ran Kiksha.com. |
B2B commerce › corporate procurement | raised Series A extension · USD 4.15M · May 2019 (Aavishkaar Frontier Fund) |
Last known equity round: Series A (extension) · USD 4.2M · May 2019 (Aavishkaar Frontier Fund)Method | Be the first | Back |
| 8 | Truck LagbeDhaka · founded 2017 Backed by port operator PSA International (2023). |
Logistics › digital trucking marketplace | raised Series A · USD 4M · Sep 2021 (IFC, IDLC Venture Capital) |
Last known equity round: Series A · USD 4M · Sep 2021 (IFC, IDLC Venture Capital)Method | Be the first | Back |
| 9 | PaperflyDhaka · founded 2016 Majority-owned by India’s Ecom Express since 2021; parcels and cash on delivery for online merchants. |
Logistics › e-commerce last-mile delivery | raised Majority stake · about USD 11M · Jan 2021 (Ecom Express); its founders keep a minority |
Last known equity round: Majority stake · USD 11M · Jan 2021 (Ecom Express)Method | Be the first | Back |
| 10 | Tiger New EnergyDhaka · founded 2021 Founded by Yiwei Zhu and Nicole Mao; operational HQ in Bangladesh. |
Mobility › EV battery swapping | raised Seed with extension · USD 3.5M · Jun 2024 (Wavemaker Partners; ADB Ventures, 500 Global) |
Last known equity round: Seed with extension · USD 3.5M · Jun 2024 (Wavemaker Partners; ADB Ventures, 500 Global)Method | Be the first | Back |
| 11 | MayaDhaka · founded 2011 Legal entity Mayalogy Ltd, incorporated in Singapore; B2B clients have included Marks and Spencer, Primark and BGMEA. |
Healthtech › telehealth | raised Seed · USD 2.2M · Feb 2021 (Anchorless Bangladesh, Osiris Group) |
Last known equity round: Seed · USD 2.2M · Feb 2021 (Anchorless Bangladesh, Osiris Group)Method | Be the first | Back |
| 12 | SOLshareDhaka · founded 2014 Founded in Dhaka by German entrepreneur Sebastian Groh; also won a Zayed Sustainability Prize. |
Energy › solar microgrids | about USD 6M (incl. grants/prizes) raised Funding round · USD 2.2M · Jun 2024 (SBK Tech Ventures), after equity rounds in 2018 and 2020 |
Last known equity round: Funding round · USD 2.2M · Jun 2024 (SBK Tech Ventures)Method | Be the first | Back |
| 13 | iFarmerDhaka · founded 2018 Raised USD 1.5M working-capital debt from Symbiotics in April 2026. |
Agritech › farm inputs & financing | raised Pre-Series A · USD 2.1M · May 2022 (IDLC Venture Capital; Millville Opportunities, Startup Bangladesh) |
Last known equity round: Pre-Series A · USD 2.1M · May 2022 (IDLC Venture Capital; Millville Opportunities, Startup Bangladesh)Method | Be the first | Back |
| 14 | ShajgojDhaka · founded 2014 Runs physical beauty stores alongside its online shop. |
E-commerce › beauty and cosmetics | raised Seed · USD 2M · Dec 2021 (Surge; SBK Tech Ventures) |
Last known equity round: Seed · USD 2M · Dec 2021 (Surge; SBK Tech Ventures)Method | Be the first | Back |
| 15 | JatriDhaka · founded 2019 Regional brand Saafir; MENA close to 60% of revenue (2026). |
Travel › B2B travel distribution | USD 6.75M+ raised Follow-on · USD 1.5M · 2024 (SBK Tech Ventures), after an undisclosed Series A in 2023; undisclosed strategic investment in Jan 2026 (Gobi Partners) |
Last known equity round: Follow-on round · USD 1.5M · May 2024Method | Be the first | Back |
| 16 | ShuttleDhaka · founded 2018 Runs women-focused commute and 'Shuttle for School' services. |
Mobility › shared mass transit | USD 2.5M raised Seed+ · USD 1.5M · Dec 2022 (South Asia Tech; Startup Bangladesh, Bangladesh Angels Network); USD 2.5M raised in total |
Last known equity round: Seed+ · USD 1.5M · Dec 2022 (South Asia Tech; Startup Bangladesh, Bangladesh Angels Network)Method | Be the first | Back |
| 17 | ShohozDhaka · founded 2014 Legal entity Shohoj Limited. |
Travel › online ticketing | raised Strategic stake · BDT 120M for 10% · Jun 2023 (ADN Telecom), after a USD 15M round in 2018 (Golden Gate Ventures) |
Last known equity round: Strategic stake · USD 1.1M · Jun 2023 (ADN Telecom)Method | Be the first | Back |
Back · Backing on Uback (pronounced “you back”) means declaring an Interest (free) or an Intention (coming soon). Backing does not mean that this company is raising funds or that a shareholder is selling shares, and it is not a commitment to invest. Any deal, through a funding round or a sale by an existing shareholder, is handled by a partner desk: the Fundraising Desk of the country for a round, the Secondary Sales Desk assigned to the company for a sale. · Terms
Ranking in descending order of AI-estimated valuation, based on public information, with no human intervention on the order. The valuations, ranges and brackets shown are editorial estimates produced by AI, purely indicative and imperfect by nature: neither a financial valuation, nor an offer, nor investment advice. Only the market sets a company’s value, through a funding round or a sale. Ranking established by Claude (Anthropic) from public information, following the published rules. A consensus of several AIs will apply from 1 December 2026. Eligibility: at least $1M raised in equity, non-listed company, main operations in Bangladesh. Request a correction
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How to read this ranking
Rank
Companies are ranked by AI-estimated valuation, highest first. The market sets the value; AI models estimate it.
Estimate
An AI-estimated valuation, its uncertainty range and its order of magnitude. Indicative, and imperfect by nature.
- Hundreds of k$
- Millions $
- Tens of M$
- Hundreds of M$
- Unicorn
- Decacorn
- Hectocorn
Rankings by sector
Four verticals at launch, more when the feasibility test allows.Coming soon · Top 10
Commerce & logistics
Ride-hailing super app, online groceries, e-pharmacy, B2B commerce, trucking and parcel delivery.
Coming soon · Top 10
Health & education
Primary care clinics, health apps, exam preparation and online courses.
Coming soon · Top 10
Climate & agriculture
Electric three-wheelers, solar micro-grids and farm finance.
FintechSoftware & AIMediaHR techProptech
The Uback Fundraising Desk in Bangladesh
Introductions made by a Fundraising Desk partner, currently being selected
An adviser licensed by the BSEC (Bangladesh Securities and Exchange Commission), the only party entitled to present Backers’ demand to companies for their funding rounds. Sales of existing shares are handled by Secondary Sales Desks, assigned company by company. Uback remains a media: it ranks and aggregates intentions, it takes part in no transaction.
—deals worked on
—deals closed
—average response time
Capital raising advisers
Become Uback’s Fundraising Desk partner in Bangladesh
- Foreign investors you would not find on your own
- Your name on every ranking of the country
- Backers’ demand on each company, before its round opens
- The “Uback Fundraising Partner in Bangladesh” title on your profiles
Radar · known eligible companies, not ranked
Sorted by date of last round, with no judgement and no AI call. Undisclosed amount: the round is confirmed by the press, not its amount.
- Shikho · Edtech › tutoringFunding round · amount undisclosed · May 2025 (Startup Bangladesh; local investors); over USD 8M raised in totalBack
- Hishab · Software › voice AIStrategic investment · BDT 2 crore · Jan 2024 (Startup Bangladesh); about USD 1.2M raised in totalBack
- Bongo · Media › video streamingSeries B · amount undisclosed · Aug 2023 (North Base Media, Startup Bangladesh)Back
- eCourier · Logistics › e-commerce last-mile deliveryInvestment · amount undisclosed · Aug 2019, from a Hong Kong private-equity groupBack
Born in Bangladesh, based elsewhere
Companies of Bangladeshi origin whose main operations are now abroad: not ranked, shown with the law governing their shares.
- SILQ · B2B commerce › retail marketplace and embedded finance
Founded in Dhaka as ShopUp; merged with Saudi Arabia’s Sary in 2025 into SILQ, run from the GulfMerger round · USD 110M · Apr 2025 (Sanabil Investments, Valar Ventures)Back - Revora · Software › AI conversational commerce
Founded in Dhaka as MyAlice; now based in Riyadh, with teams in Bangladesh and PakistanSeed · USD 2M · Jun 2026 (i2i Ventures, Oraseya Capital; Anchorless Bangladesh)Back
Not ranked
- bKash · Created as a subsidiary of BRAC Bank
- Nagad · Service of the Bangladesh Post Office, taken over by the government
- Upay · Created by United Commercial Bank
- Daraz · Bought by Alibaba in 2018
- HungryNaki · Bought by Daraz in 2021
- Bikroy · Bought by Jiji in 2026
- Foodpanda Bangladesh · Unit of Delivery Hero
- Evaly · Collapsed in 2021
- Tallykhata · No equity round in the last ten years
The method in Bangladesh
Calendar. Quarterly ranking, published on the 24th of February, May, August and November. Next edition: November 24, 2026.
Eligibility: at least $1M raised in equity, non-listed company, main operations in Bangladesh.
Fundraising Desk sought. An adviser licensed by the BSEC (Bangladesh Securities and Exchange Commission).
Sources. Bangladeshi and international business and technology press (The Daily Star, The Business Standard, Future Startup, Prothom Alo, DealStreetAsia, TechCrunch, Bloomberg, Reuters), LightCastle Partners and Startup Bangladesh data, company and investor announcements.