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Bangladesh Startup Investment Company (BSIC) launched with Tk 425 crore to support startups with equity financing. The initiative targets seed, late-seed, and Series A stages.
PRIVATEAug 27, 2026•about 4 hours ago
Amount Raised
৳4.25 Billion
Round Type
Seed
BangladeshFinancial ServicesFinanceVenture Capital
Investors
Commercial BanksBangladesh Bank
Description
Bangladesh's startup ecosystem is facing a severe funding drought, prompting the launch of several initiatives to provide support. The BSIC, backed by 39 commercial banks, aims to provide equity financing to startups. Its first fund is expected to complete three investments by the end of 2026. This initiative shifts focus from traditional bank lending to venture capital.
Company Information
Company
Bangladesh Startup Investment Company (BSIC) PLC
Location
Bangladesh
About
BSIC is a venture capital platform aimed at supporting local startups in Bangladesh. It is backed by 39 commercial banks and is formed under the guidance of Bangladesh Bank. The institution mobilizes domestic institutional capital for high-growth startups and aims to strengthen the venture capital ecosystem in the country.
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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Bangladesh Startup Investment Company (BSIC) PLC raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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BangladeshFinancial ServicesFinanceVenture Capital