Investing in
Tomorrow’s Leaders

Flagship Ventures is a VC fund that invests in early stage startups. Our mission is to accelerate the growth of the Bangladesh startup industry by providing promising entrepreneurs with access to capital and business development solutions that aim to help them grow exponentially.

About Us

Flagship specializes in early investment stages, such as seed and Series A rounds. As a company delivering fast-growth investment opportunities with enormous resources and a strong network in the local ecosystem, our aim is to find innovative ways to tackle fundamental problems in society and bridge the divide between Bangladesh and first world countries.

Our Values

Creating Value for Companies, Business owners, and Investors.

Creating exceptional value is the hallmark of Flagship Ventures. Our team of investment and operating professionals will work collaboratively and passionately with the management of our portfolio companies in order to create exceptional value for entrepreneurs that demonstrate potential for success.

Efficiency and Impact

We firmly believe that with our support, Bangladesh’s most promising entrepreneurs will have the resources to flourish and incite positive change in our community.

Continuous Improvement

Flagship Ventures strives for excellence by setting the highest standards for all stakeholders within the business. We set clear objectives and thoroughly evaluate our business activities as part of our belief in the business philosophy of continuous improvement.

The Spirit of Partnership

Our founding members work as a team, share recognition and accountability, and strive for clear and open communication.

Business Integrity

Integrity is at the heart of Flagship Ventures; we strive to do the right things for the right reasons. By holding the highest ethical standards for our business practices, we promote trust, respect, and morality within our business.

Leadership

Leadership demands we provide clear guidance and empower others to succeed. We invest in promising founders, develop their capabilities through training and mentorship, and provide the necessary support for them in every step of the way.

Bangladesh’s Prospects

The Young, Skilled, and Industrious Workforce
Much of Bangladesh’s growing economic success can be attributed to the continually improving workforce at the heart of the nation’s business activities. The workforce is well-educated, highly adaptive, and thoroughly industrious due to the competitiveness of employment opportunities within the country. Moreover, approximately 57.3% of the population is aged under 25, demonstrating the high potential of the workforce as they continue to garner the requisite skills needed to thrive.
Stable Leadership
Under the stable leadership of Prime Minister Sheikh Hasina, the country has been transformed by the government’s digital Bangladesh initiative, which has led to breakthrough developments in the country’s technology sector. In addition, steady improvements in the levels of government spending on the country’s infrastructure has served as a catalyst for growth and enabled the growth of the local startup ecosystem.
Digital Accessibility
Digital penetration in Bangladesh’s markets has opened new opportunities for startup activity. There are over 2000 e-commerce sites and 50,000 Facebook based outlets delivering around 30,000 products a day. Approximately 80 million Bangladeshi people own mobile technologies and use the internet, making up for 49% of the country’s total population. With access to mobile internet, the number of mobile financial transactions continues to increase rapidly. This has unlocked the way for consumer accessibility through mobile services.
Economic Potential
Bangladesh is one of the fastest growing economies in the world, with a growth rate of 8.2 percent in 2019. According to the International Monetary Fund (IMF), this figure signifies that Bangladesh’s GDP growth has been outstanding. The country’s economy has been growing in the last decade due to its major presence in digital labor and significant developments in infrastructure.
Strategic Location
Being located on the border of South and Southeastern Asia, Bangladesh uniquely neighbors other major markets in the region, including China and India. Its retains a strategic position with Chittagong port as a maritime pivot through the Indian Ocean, a crucial aspect for capitalizing on the Economic Belt and Maritime Road initiatives. Moreover, Dhaka, the capital city and financial hub of Bangladesh, is widely recognized as the largest economic center of Eastern South Asia.
Fast-Growing Sectors
The rise of online-based services has dominated the market in the last five years leading to the formation of new and promising sectors. Of 100+ startup founders and investors surveyed, ridesharing, logistics and fintech are the country’s most promising sectors. In just 2020 and the first half of 2021, the local startup ecosystem raised more than $73 million.

Bangladesh is one of the fastest growing economies in the world, with a growth rate of 8.2 percent in 2019. According to the International Monetary Fund (IMF), this figure signifies that Bangladesh’s GDP growth has been outstanding.

Approximately 80 million Bangladeshi people own mobile technologies and use the internet, making up for 49% of the country’s total population. With access to mobile internet, the number of mobile financial transactions continues to increase rapidly. This has paved the way for consumer accessibility through mobile services.

Under the stable leadership of Prime Minister Sheikh Hasina, the country has been transformed by the government’s digital Bangladesh initiative, which has led to greater opportunities in the technology sector while forming major developments in the country’s infrastructure.

Being located on the border of South and Southeastern Asia, Bangladesh uniquely neighbors other major markets in the region, including China and India. Moreover, Dhaka, the capital city and financial hub of Bangladesh, is widely recognized as the largest economic center of Eastern South Asia.

Much of Bangladesh’s growing economic success can be attributed to the continually improving workforce at the heart of the nation’s business activities. The workforce is well-educated, highly adaptive, and thoroughly industrious due to the competitiveness of employment opportunities within the country. Moreover, approximately 57.3% of the population is aged under 25, demonstrating the high potential of the workforce as they continue to garner the requisite skills needed to thrive.

Portfolio

Priyoshop

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Interactive Cares

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Leaders

Startup Founders

Asikul Alam Khan
Co-Founder & CEO, Priyoshop
Dipty Mandal
Co-Founder & Director, Priyoshop
Rare Al Samir
Founder & CEO, Interactive Cares

Flagship Team

Ahnaf Shahriar
Founder and CEO
Toronto, Ontario
Abrar Abtahee
Investment Analyst
Abu Dhabi, United Arab Emirates
Afraz Bakhtiar
Communications Specialist
Toronto, Ontario
Rehat Tachibana
Business Strategist
Tokyo, Japan

Contact

Get In Touch






    How To Find Us

    For funding requests, please email contact@flagshipventuresbd.com