The Startup Ecosystem of Bangladesh

Bangladesh has 1 city in the top 1000 and is one of South Asia’s best countries for setting up a startup.

COUNTRY RANKING

Bangladesh’s startup scene saw an increase in 2023 and jumped 4 spots from the previous year, outranking Qatar.

Population

171.2
Million

Regional Ranking

4th
0
In South Asia

Global Ranking

89th
+
4
Worldwide

Ecosystem

Startup Ecosystem Overview

beige concrete structure near grass field
Bangladesh is a country with a vast population in South Asia that borders India and Myanmar. The country has strong economic potential, which will require active support from the government to materialize. Top priorities should be improving infrastructure, including internet stability. The government should also work on policy support, arrangement of corporate venture capital, and improving industry-academia collaboration to support the growth of startups.
The public sector supports the ecosystem through various initiatives such as the IDEA Project, an accelerator offering ecosystem support services such as coworking spaces, funding and legal support. Moreover, as one of the challenges in Bangladesh is infrastructure, The Bangladesh Hi-Tech Park Authority has built 4 Hi-Tech parks like Bangabandhu Hi-Tech City to elevate the growth of the local tech industry. There are several more such parks under construction.
The public sector is also active in the investment landscape of the country. Startup Bangladesh Limited is the government-backed VC, aiming to nurture a healthy startup ecosystem through partnerships with various ecosystem stakeholders such as Digital Bangladesh, Bangladesh ICT Division, and the Bangladesh Hi-Tech Park Authority. Another active organization in Bangladesh’s investment landscape is Bangladesh Angels, an NGO that connects entrepreneurs with global and local investors. In the light of the facts and initiatives discussed above, Bangladesh’s startup ecosystems are a potential digital treasure in Asia that require systematic country-level branding to attract more foreign investments and generate exposure.

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ECOSYSTEM

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Ecosystem

The Startup Ecosystem in Bangladesh

In 2023, Bangladesh register a rise in Transportation startups. Some of the most notable success stories in this industry are those of , Pathao.

Global Rank

Bangladesh is ranked within the top 100 startup ecosystems globally.

Top Industries

Bangladesh’s startup scene is best represented in Transportation, Health, and in Ecommerce & and Retail.

Top Cities for Startups in Bangladesh - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2023 National Rank & Change ▲
Access subscores for 1000 cities and 100 countries
2023 National Rank & Change City
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Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
211th
+
115
2.466
00.00
00.00
00.00
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Startups

Notable Startups in Bangladesh
Pathao startup icon
Pathao
ShopUp startup icon
ShopUp
Shohoz startup icon
Shohoz

Startups

Successful Transportation startups in Bangladesh
Pathao startup icon
Pathao
Shohoz startup icon
Shohoz
GIM - Digital Truck startup icon
GIM - Digital Truck

Startups

Startups Ranking by Industry

Transportation icon
Transportation
#52 worldwide

On our map, you can explore a total of 18 startups for Transportation.

Health icon
Health
#61 worldwide

In South Asia, Bangladesh's Health is in top 61. Bangladesh has a concentration of about 11 of the region's total Health startups that are represented on our map.

Ecommerce & Retail icon
Ecommerce & Retail
#67 worldwide

Bangladesh's Ecommerce & Retail is ranked 67th in the world. Our database contains 8 for this industry.

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