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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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