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
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.
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).
@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.
What to watch: the leverage ratio SBL requires of selected fund managers, and its selection timeline.
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.
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 .
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.
What to watch: the leverage ratio SBL requires of selected fund managers, and its selection timeline.

























