The Bangladesh Story

Bangladesh is the fastest growing investable economy in the world (with a 9.6% compound annual nominal growth rate from 2004-2019). Over the last decade, under the stable leadership of Prime Minister Sheikh Hasina, the country has benefited from steady improvements in infrastructure and its "Digital Bangladesh" initiative has accelerated the tech development community.

The population is extremely young: Over 50% of the 165 million people are under the age of 30. Bangladeshi women are seeing their incomes rise alongside their male peers, resulting in one of the lowest gender wage gaps in the world. Without the legacy tech behavioral patterns of a developed country, people in Bangladesh have the opportunity today to leapfrog economic and technological cycles to reach parity with their neighbors—and beyond.

Bangladesh is rich with talent and already a global leader in digital labor (ranked second globally behind only India), but historically the private sector has lacked access to strategic global capital. This is beginning to change as investors recognize an inflection point in the market. As an institutional venture capital firm focused solely on Bangladesh, we now have the unique opportunity to support and accelerate the local startup ecosystem while benefitting the country as a whole.