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ExitStack is an online platform featuring stories, deal news, and analysis about Bangladeshi and diaspora startups.

Joined April 2021
Replying to @EllipsisHealth
@EllipsisHealth , co-founded by Bangladesh-born Mainul Mondal (@SFmainul ) , is on TIME and Statista's 2026 list of the world's top HealthTech firms. In June 2025 it launched Sage, an AI care manager, raised US$45Mn, led by @SalesforceVC , @khoslaventures , @CVSHealth Ventures
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The New York-based company builds white-label payment infrastructure that converts stablecoins into local bank accounts and digital wallets — selling to financial services firms, consumer platforms, and prediction markets.
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Fin.com, co-founded by Bangladeshi-born Nabeel Alamgir (@Moneymamba ), has raised US$20Mn in a Seed round led by @expa and Uber co-founder Garrett Camp (@gc).
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@startupbdltdvc published 7 criteria: fund size, strategy fit, market presence, track record, team experience, compliance, and how much capital you put up yourself. Its own stake caps at 49.99%, with a 1:1 matching commitment toward Bangladesh.
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Bangladesh just announced a US$33Mn Fund of Funds. If you're a fund manager, what's your way in?
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What to watch: the leverage ratio SBL requires of selected fund managers, and its selection timeline.
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It's not the only push. The Bangladesh Startup Investment Company (@bsicfund ) launched its own bank-backed fund, Onkur Bangladesh Fund 1, in May 2026.
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The gap it's designed to close: local investors have provided under 7% of the ~US$1.2Bn deployed into Bangladeshi startups since 2013, per @LightCastleBD .
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Bangladesh is putting US$33Mn into a fund that backs other funds. @StartupBangladesh (@startupbdltdvc ) began operations of the Bangladesh Fund of Funds on August 16 — capital that flows through professional venture capital fund managers, not directly into startups.
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What to watch: the leverage ratio SBL requires of selected fund managers, and its selection timeline.
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What it means: capital directed at Bangladesh's local venture capital fund managers, giving them more institutional capital to deploy. It's not the only push. The Bangladesh Startup Investment Company (BSIC) launched its own bank-backed fund, Onkur Bangladesh Fund 1, in May 2026
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The gap it's designed to close: local investors have provided under 7% of the ~US$1.2Bn deployed into Bangladeshi startups since 2013, per LightCastle Partners.
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Follower count doesn't predict virality. One small Kalshi creator's single video hit 50M views — more than three 1M-follower creators combined. Cal AI built US$2Mn/month in revenue almost entirely from creators, before spending on ads.
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@Meta 's CPMs are up 19.2% YoY. Only 22% of young consumers trust social ads. @WisprFlow used the shift to hit 500M views in 60 days with ~70 creators — replicating any video that crossed 1M views across the whole roster.
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Consumer tech's growth engine has changed. Instead of pouring budget into Meta and Google ads, the fastest-growing apps now run UGC creator programs — paying dozens of creators for native content and letting the algorithm find the audience. 🧵
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AI is starting to move the barriers that made agri-tech hard—voice, image recognition, no human gatekeeper at 2am. Lessons from the last decade: US$200Mn–US$400Mn exits can deliver strong returns, and unit economics beat market size.
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Only 51 of 1,364 unicorns tracked by CB Insights are food & agriculture. Bangladesh's farms average 0.5 hectares—a third of the South Asian average—fragmented, seasonal, and low-margin by structure. Farmers aren't typical customers, and the economics work against founders too.
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BD's US$50Bn farm economy generates 11% of GDP and employs 44% of the workforce, yet on-farm agri-tech has captured <1.2% of the country's startup funding.
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