ExitStack

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

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Co-founded by Bangladeshi-born entrepreneur Mohammad Raafi Hossain, the round comes four months after Fasset's US$51Mn Series B.

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@fasset raised US$68Mn in a Series C led by @sbigroup at a US$1Bn valuation. 🧵

https://t.co/MzpQvULrB1

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BSIC's inaugural fund, ONKUR, is US$35Mn, backed by 39 commercial banks under Bangladesh Bank's guidance, and built to back Bangladeshi founders for decades to come. With Waiz Rahim now leading as MD & CEO, the fund is preparing to deploy that capital into the country's startups.

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@bsicfund appoints Waiz Rahim as MD & CEO, the bank-backed institutional VC platform's first CEO, tasked with deploying capital into Bangladesh's late-seed and Series A gap.

https://t.co/OtxEhS9y7d

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Before BSIC, Rahim was Venture Partner for Bangladesh at @sturgeoncapital (US$300Mn AUM across Central Asia, Pakistan, and Bangladesh), working on sourcing, due diligence, and portfolio development.

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We broke down all 7, and how the money splits. Read the full story: https://t.co/CFq2FtiMEF

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Bangladesh just announced a US$33Mn Fund of Funds. If you're a fund manager, what's your way in?

[ExitStack @exitstack]

@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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Read the full story — fund structure, the capital gap, and how Bangladesh's newest funding vehicles fit together.
https://t.co/CFq2FtiMEF

[ExitStack @exitstack]

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.

[ExitStack @exitstack]

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

[ExitStack @exitstack]

Read the full story — fund structure, the capital gap, and how Bangladesh's newest funding vehicles fit together: https://t.co/CFq2FtiMEF

[ExitStack @exitstack]

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

[ExitStack @exitstack]

Bangladesh runs on Facebook, not TikTok — so the model needs micro-creators (2K–4K followers) whose audience already knows them, posting through the quiet months instead of crowding Eid. Social Square founder Mehedi Mahmood on the full playbook: https://t.co/RZhFeQECIi

[ExitStack @exitstack]

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. 🧵

[ExitStack @exitstack]

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.