Bangladesh is one of the largest marketplaces of Asia, so it has now become a land of opportunities for entrepreneurs. We see many businesses are starting around us every now and then. But not so many of them are successful or live up to the mark. To stay alive in the world of business, the main requirement is the uniqueness and necessity of the business in the eye of the respective consumers. Today, we present to you the businesses which are surviving proudly in the market and binds the customers by the extraordinary services they are providing.

Source: PreneurLAB

Top 10 Promising Startup in Bangladesh Rising for Change

1. Ajker Deal is an online shopping marketplace in Bangladesh. They have in excess of 150000 items from around 500 distinct classes on their site for online shopping. They work with almost 2000 top of the line dealers. The list of products that are found on their website starts with watches, beautifiers, fragrances, shoes, smartphones, hardware, kitchen accessories, home beautification, etc. and the list goes on. was found by Fahim Mashroor, who is also the founder of It was first launched in September 2011 in Bangladesh.

2. Chaldal is an online grocery and food products provider in Bangladesh. They sell fresh fruits and vegetables, meat and dairy, groceries and personal care, and household items through their websites and mobile apps. It is currently serving all of Dhaka city which is almost 50 locations, except certain parts of old towns. To ensure 1-hour delivery, Chaldal maintains 9 different micro warehouses across Dhaka city. Chaldal also ranked 9th in the world’s best 500 startups 2015, the ranking was produced by Forbes Magazine’s startup assister ‘Y Combinator’. It was co-founded in September 2013 by Waseem alim, Zia Ashraf and Tejas Viswanath.

    3. CMED Health

    CMED Health limited is a startup Health Tech company focusing on preventive health care. Their mission at CMED is to accurately access the vitals of people’s health over time in the environments where they live, work, and play so they can live more productive lives. They offer smart healthcare devices that include Smart Blood Pressure Monitor, Smart Glucometer, Smart Pulse Oximeter, Smart Weight Scale, Temperature Scale, etc. All of the data collected from these devices can be stored on a cloud service via a smartphone app.

    CMED Health was found in 2016. It’s headquarter is located in Dhaka. CMED Health Limited was co-founded by Dr. Khondokar A. Mamun (who is also the Chairman of CMED Health), Dr. Farhana Sarkar, Md. Ashraf Dawood and Monirul H. Chowdhury.

    4. Doctorola

    It is the first online doctor’s appointment booking service platform in Bangladesh. Besides appointment booking, they are also providing information about blood donors and hospitals. It now provides information of over 8000 verified doctors forms 63 districts.

    Mohammad Abdul Matin Emon is the founder and CEO of Doctorola. The idea of Doctorola evolved into a service platform in early 2014, it was only a doctor’s directory along with a feature for appointment requests at that time. But since its’ official launch in October 2015, It is operating in full capacity with the help of their quick and easy to use website backed by a call center and adding many new features helpful for the users.


    5. Handy Mama

    Handy Mama is an app for providing professional cleaning and handymen services, serving in Dhaka. They provide services like professional home and office cleaning, carpet and sofa cleaning, pest control, home appliance repair and service, electrician, plumber, painter, and carpenter, packing, moving and shifting, etc. They have over 1000 verified experienced handymen with over 30 service vendors. HandyMama was found in 2015 in Dhaka by Mr. Shah Paran who is also the CEO of HandyMama Bangladesh.

    6. Khaas Food

    Khaas Food is an e-commerce platform that aims to provide safe and pure foods in Bangladesh. Through their website, they are trying to provide organic food to as many people as possible. Their main aim is to provide adulteration free, additives free and chemical-free pure food to the consumers. Now, they are operating in a total of 7 outlets which are situated in Mohammadpur, Gulshan, Badda, Uttara, Gopibag, Mirpur, and Chattogram. They sell honey, milk, brown sugar, fruits, meat, and fish, etc. which are pure and chemical-free. KhaasFood started with a capital of only 2 lakh but now it has become a million-dollar company. KhaasFood was found in 2015. Habibul Mustafa is the co-founder and Chairman of KhaasFood.

    7. Pathao

    Pathao is a Bangladeshi on-demand digital platform and Transportation Network Company. It’s headquartered is in Dhaka. The company is operating in three cities of Bangladesh, Dhaka, Chittagong, and Sylhet. Pathao is the first major ride-sharing company in Bangladesh to get an enlistment certificate. They started with ride-sharing but now they are operating also as food delivery service, parcel, and courier service. There are more than 500 employees working with Pathao at present. Pathao is valued at over $100 million. Pathao was found on October 9, 2015. It was co-founded by Hussain Elius, Shifat Adnan and Fahim Saleh. Pathao has recently launched a ride-sharing service in Nepal.

    8) Repto

    Repto is an online course marketplace where the students can take online classes, exams and get certified. Then they connect the best students with the employers according to job requirements. They provide over 90 courses including Entrepreneurship, Freelancing, Computer science, Software Development, Graphics Design, Business, marketing, and communication, etc. You can also find miscellaneous courses that features everything from rocket science to Guitar Playing. Repto was founded on March 9, 2016. The founder and CEO of Repto is Ishtiyak Sheyam.

    9) is an online service marketplace in Bangladesh that connects households with verified service providers. They provide 300+ home and office services in total like beauty, appliance and gadget repair, food, laundry, cleaning, rent-a-car, shifting, renovation, plumbing, fixing air condition, etc. that the customers will need in their everyday life through an app. is valued over $10 million. was found on 29 July 2016. It’s headquarter is located in Dhaka. The co-founders of are Adnan Imtiaz Halim, Ilmul Haque Shajib and Abu Naser Md. Shoaib.

    10. Sohoz is an online travel service provider that aims to make long-distance travel in Bangladesh easy and convenient by offering online bus tickets, hotel reservations, and launch tickets. They also provide online movie tickets, ride-sharing, truck booking, food delivery, ferry tickets, etc. Shohoz has raised $15 million investment recently led by Singapore based Golden Gate Ventures. Shohoz was found in 2013. It’s headquarter is located in Dhaka. Maliha M Quadir is the co-founder and Managing Director of Shohoz.


    Contributor: Mustari Rahman Ritu | Studying at Mawlana Bhashani Science & Technology University, Bangladesh.

    Note: This list is made on the basis of information collected from the internet. And it is made in alphabetic order. The serial number does not indicate any type of ranking.

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    Business in Bangladesh

    Microfinance in Bangladesh: Emergence & Role in Our Economy



    Microfinance is a banking service handed over to unemployed or low-income people or groups who would have no other access to economic services. Microfinance allows people to take on acceptable small business loans with safety and in a manner that is rational with ethical lending practices. 

    Like other developing countries in this world, Bangladesh is also under microfinance services. In the 1970s, the first microfinance sector was established in Bangladesh. This sector has been working to develop Bangladesh’s economy since then. 

    The microfinance sector is very important for the growth of Bangladesh’s economy. After establishment, this sector’s main goal was decreasing rural poverty by providing micro-credit loans for non-agricultural activities such as small businesses, raising livestock, and poultry. Now the range has widened and more than 32 million members are using it per year. 

    1. Creating Job Opportunity: As Bangladesh is a developing country, many people of Bangladesh are jobless. They are well qualified but lack of job opportunities has made them jobless. In this case, microfinance helps a lot. Microfinance provider organizations give them loans which they use to create their own business for them. 

    2. Improving Skills And Market Opportunities For The Poor: Credit alone is not sufficient to increase production, help rising incomes and decrease poverty. Some market saturation remains in the microfinance sector, which could also prompt decreasing returns. So in addition to credit, lower-income populations need skills training and better marketing networks to expand their non-agricultural activities into more profitable sectors. Using this microfinance, people trained themselves for the work. They make themselves skillful by completing different types of training.    


    3. Lower Interest Rate: The interest rate of microfinance is much lower than other moneylenders. But there is still some way to reduce more. Many people are not able to pay the interest. So lowering the interest rate will increase the number of poor people who will be able to pay the interest. If they take this program, their lifestyle will change. Their unemployment problem will disappear and they can even make jobs for others. 

    4. Encouraging More Competition: The microfinance-providing organizations are now spreading all over Bangladesh. As a result, many people are using this to build up their businesses. As the number of users is increasing, the microfinance providing organizations are also increasing. In this process, there will be no poverty in the future. So the competition needs to get stronger. 

    5. Farmer’s Aid: As far as we know, a microfinance-providing company generally doesn’t work in the agricultural sector. But the problem is Bangladesh is an agricultural country. Most of the rural people’s livelihood depends on agriculture. Most of them are poor. They really need financial help. While other countries’ microfinance-providing companies don’t work in the agricultural sector, many Bangladeshi companies work in this sector. They provide loans for poultry farms, agricultural tools, etc. 

    6. Women Empowerment: Major microfinance role lies in the empowerment of women. When the first microfinance sector was established in Bangladesh, most of the women were the main customers. They gave them loans and took a little bit of interest. Women usually sat idly in their house in the village. After getting those loans they use them to buy some things and use those to make products and sell them in the market. In this way, women’s empowerment gets started in the villages. 

    The microfinance sector has been doing well since its inception. This sector is helping in poverty alleviation as well as the economic growth of the poor people. Those people who lived a very hard life are now having a better life. If the microfinance sector works well then it’s a matter of time that the poverty rate will decrease to 0%! 



    [a-team-showcase id=”4730″]

    Written By, 


    Md. Istiak Ahmed
    Faculty Of Business Studies 10th Batch
    Department Of Management
    Session: 2019-2020
    Mawlana Bhashani Science And Technology University, Santosh, Tangail.

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    Business in Bangladesh

    Top 10 Real Estate Companies in Bangladesh | Developers and Housing Companies



    Top 10 Real Estate Company in Bangladesh

    Most of the Real Estate companies in Bangladesh were founded after the liberation war with the growing demand for apartments and lands of the city dwellers. These well known Real Estate Companies has earned a good reputation and trust all these years by completing hundreds of projects. All most all of these Real Estate companies are working focusing on the prime cities of Bangladesh, mostly Dhaka and Chittagong. Here we tried to introduce some top and popular Real Estate Companies in Bangladesh.

    Top 10 Real Estate Companies in Bangladesh

    1. Building Technology and Ideas Ltd. (BTIL)

    ISO Certified company BTI is one of the founding members of the REHAB (Real Estate Housing Association of Bangladesh) established in 1984. They build almost all types of apartments – classic, business, luxury, and standard. You can have real estate services like – interior design, property rentals, corporate services, and contractors, etc. They have two offices, one in Dhaka which is the head office. Another one is in Chattagram. Every year almost dozens of projects they have under process and successfully complete them.

    Some of the well-known projects are, The Octave, Hatirpool, Astoria, Dhaka, The Palladium, SB Nagar, Casa Flora, Dhaka

    Office address: Celebration Point, Plot 3 & 5, Road: 113/A, Gulshan, Dhaka-1212.


    2. Concord Real Estate & Building Product Ltd. (CREBPL)

    One of the oldest real estate developers in Bangladesh is Concord who owns some other subsidiaries and businesses around Bangladesh. Concord is operating its real estate for almost 40 years and already completed thousands of projects. They work on commercial, residential and big infrastructure projects such as airports and bridges.


    Some of their projects are Asha Concord, Badal Heights Concord, Concord Mozammel Villa, Concord Bithi Villa, Concord Bari Monjil, etc.

    Office address: Concord Centre: 43 North Commercial Area, Gulshan 2, Dhaka 1212, Bangladesh


    3. Nakshi Homes Ltd. (NHL)

    NHL is well known for both their commercial and residential projects. The head of NHL is Salauddin Khan Uzzal and he is the acting managing director. They already have proven their ability and trust in recent projects like Nakshi Joynal Square, Nakshi Paradise, Nakshi Talukder Garden, Nakshi Heaven. They are working for some more.

    Office address: House#17/1(3rd floor), Road#03, Dhanmondi, Dhaka 1205



    4. Navana Real Estate Ltd.

    Navana Real Estate works on high and medium-size projects. Their projects are mostly based on Dhaka and Chattagram area. Navana already built a hundred projects including 9 residential projects. Some of their projects include Navana Sundrops, Navana Sunnyside, Navana Silverwood, Navana Mashiat, Navana Oakvale, Navana Trachelium, Navana Ornello, etc.

    Office address: House # 3/A, Road #90, Gulshan-02, Dhaka-1212, Bangladesh


    5. Amin Mohammad Foundation Ltd. (AMFL)

    AMF was founded in 1993 and it is a part of Amin Muhammad Group. AMF mostly works on developing apartment projects and land selling. Some of their projects are Amin Mohammad City, Green Model Town, Green Rowshanara Tower, Evergreen Kamal, Green Grandeur, Green City Regency, Roza Green, etc. They have offices in Dhaka, Chittagong, and Sylhet.

    Office address: 752, Satmasjid Road, Dhanmondi C/A, Dhaka – 1205, Bangladesh



    6. Shanta Holdings Ltd. (SHL)

    Shanta Holdings Ltd is best known for constructing luxurious apartments. It is a sister concern of Shanta Group which started its journey in 1988 as a garment manufacturer. Some of their projects are, Northern Lights, Mirzam, The Polaris, The Regal, Aludra, Sky Garden, The Sanctum, etc.

    Office address: Shanta Western Tower, Level 10, 186, Bir Uttam Mir Shawkat Sharak, Tejgaon I/A, Dhaka 1208, Bangladesh


    7. East-West Property Development Ltd. (EWPDL)

    EWPD is a company owned by Boshundhara Group. It has a successful record in developing residential projects. Most well known is Bashundhara at Baridhara diplomatic zone. Some other projects are Savar Housing, River View, etc. In 1983, EWPD was founded to deal with the need of Dhaka city people. And today it has earned the trust of millions as a Real Estate Business.


    Office Address: Plot # 125/A, Level-1, Bashundhara Residential Area, Dhaka – 1229.


    8. Rangs Properties Ltd.

    Rangs is a well-known brand name for its electronic products. Rangs Properties Ltd is known for building high-end luxury apartments and commercial spaces and it was established in 1996. They work only in Dhaka city and have done seven commercial and 23 residential projects. Some of their projects are Marc Residence, Paradise Point, Rangs Bliss, Rangs Fortune Square, Rangs Khan Residence, etc.

    Office address: 215, Bir Uttam Mir Shawkat Sarak, Tejgaon I/A, Dhaka-1208



    9. Bay Development Ltd. (BDL)

    BDL is working as a real estate company for 20 years in Bangladesh. They mostly work on small-scale high-end luxuries apartments and completed around 20 residential spaces and six commercial spaces. Some of their projects are, Bay’s Nilufar, Bay’s Aurum, Bay’s Kinara, Bay’s Amarantha, Bay’s Westlake, Bay’s Azure, etc.

    Office Address: Bay’s Edgewater, NE (N) 12, North Avenue, Gulshan 2, Dhaka 1212, Bangladesh


    10. Sheltech Ltd.

    Completing 150 residential projects and selling lands, Sheltech is one of the biggest real estate companies in Bangladesh which was founded in 1988. Some of their projects are Sheltech MRC Garden, Sheltech Astra, Sheltech Ayyan, Sheltech Renu-Kabir Tower, Sheltech Camellia, etc.

    Office address: Sheltech Tower, 60, Sheikh Russel Square, West Panthapath, Dhaka-1205, Bangladesh


    Note: These are not Official Ranking From Any Established Authority. Business Haunt Picked Them Randomly and Placed on the Base of Popularity and Internet Source.

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    Business in Bangladesh

    Top 10 Software Development and IT Companies in Bangladesh | IT and Tech Industries



    Top 10 Software Companies in Bangladesh

    Software’s have become a key component of technology. At present in the digital world software’s have become an extremely prevalent part of business as well as our daily life. A software company gives the services related to development, maintenance, and publication of software using in various portals. Maximum successful business use software as an integral part of their system. Software industries design software’s which lead the business to new heights. They develop software’s which are helpful in boosting the sales and services of a company. In order to strengthen the relationship with customers software’s developed by the companies provides a platform to the customers to make easy access with the service providers. Feedback software’s have been developed which help in building a strong customer relationship. In Bangladesh, software business just upgrading.

    There are some top software farms which have been grooming nowadays. There are some software farms which are discussed below. The serial number of these top farms do not indicate their position. These are just the usual serial number given randomly.

    Dream71 Bangladesh Ltd

    One of the uprising software farms is Dream71 Bangladesh Ltd. their main goal is to develop a mobile application, software development, and game development. Their tagline is “ IF EVERYONE IS MOVING FORWARD  TOGETHER, THEN SUCCESS TAKES  CARE OF ITSELF ”.

    Dream71 Bangladesh Ltd. is one of the promising software, web application, mobile application & game development companies of Bangladesh which aims at creating a new standard in the era of software technology. One of the most prominent and updated companies which deal with software & IT related issues. Initially, it was founded in 2014 with a view to putting a mark in the rapidly growing software & gaming industry of the country. Within a very short time, Dream71 Bangladesh has started to draw the attention of the common people with its enhancement in quality services and started growing as one of the Top software companies in Bangladesh.



                                                  [Ref: ]

    TigerIT Bangladesh Ltd

    It has been 10 long years that TigerIT has been contributing to the IT sector of the country.

    TigerIT provides end-to-end credential management solutions for the government and state agencies. It combines state of the art solution design, robust back-end systems with efficient project management in a single turnkey solution for national IT infrastructure undertakings.

    TigerIT solutions range from National ID, Voter Registration, e-Passports, Border Control, Driving License to Vehicle registration and tracking. In addition, TigerIT provides highly specialized system integration of 3rd party hardware/software with legacy systems, including identity governance, Enterprise Single Sign-On, identity, and access management solutions to large organizations like banks, telecom companies, and multinational companies. tiger has deployed and managed nationwide solutions in Bangladesh, Nepal, Bhutan, India, Canada. It has experiences in extensive experience dealing with a complex system, containing massive huge amounts of sensitive data and in handling the complexities associated with large scale projects.                  

    [Ref: ]


    Magnito Digital

    Magnito  Digital is the leading digital agency of Bangladesh. They have worked with the largest clients of Bangladesh and have built leading brands in the digital space.

    Magnito Digital is the largest digital agency of Bangladesh with a team of more than 70 people. They are famous for their unconventional company culture. Their experience and massive setup allow us to deliver services at an unparalleled scale. They have worked with the largest clients of Bangladesh and have built leading brands in the digital space. It is in their bloodline to solve problems by combining creative strategies with data, content, and technology. Their key strength is developing and deploying meaningful digital contents to engage with the right audience. They have become the specialized go-to-agency with proven track records, for managing large scale digital products & services. Being one of the most awarded digital agencies of Bangladesh, Magnito Digital won Gold to become the ‘Campaign Asia-Pacific: Digital Agency of the Year 2015’ in the ‘Rest of South Asia’ category.

    The latest addition to their digital mix is Magnito Labs, their exciting innovation funnel. Magnito Labs utilizes the knowledge, expertise, and network of their agency business, and partners up with internal or external stakeholders to build robust technological products.  Then they channel these innovations in the right direction through their active involvement within the startup community of Bangladesh. They believe that in the coming years, technology & innovation will drive the sustainable growth of Magnito Digital.

                                            [Ref: ]


    NewsCred is on a mission to make marketing better for everyone. They divide their digital marketing into two categories. Such as a)Integrated Marketing b) Content Marketing


    Execute integrated, omnichannel marketing campaigns by bringing teams together within a single workspace to plan and execute campaigns across markets and lines of business. Deep analytic insights empower marketing organizations to function as a holistic team and improve operational efficiency to maximize the impact of content and ultimately increase marketing attributed-revenue.

    Running a content marketing program on a global scale can be complicated – siloed organizations, countless workstreams, and overlapping deadlines with no clear way to prove success. NewsCred’s advanced technology eases the pain by streamlining content creation and distribution, measuring performance, and surfacing predictive insights for content improvements that boost business results.

                                                 [Ref: ]

    South Tech Ltd

    SOUTH TECH Limited is one of the largest ISO 9001:2005 certified (by URS, UK) and SEI-CMMI L-3 appraised (by KPMG) software companies in Bangladesh. Over a period of 23 years, the Group has attained prolific growth and fulfillment that eventually led to spreading its footprint outside of Bangladesh. At present, the Group comprises of 6 companies across 5 countries.

    Southtech has financial and enterprise software solutions for banks, NBFIs, MFIs, MFBs, large multi-branch retailers, hospitals, recruitment firms, and restaurants. Some of Southtech’s key customers in the financial sector include Bhutan Development Bank, Pact Global Microfinance Fund and BRAC. Southtech’s ERP solution ensures the security and integrity of client data allowing smooth data access to multiple functions used by different business units of an organization. Southtech’s solutions are tailored to cater to the different needs of businesses in a range of industries. Presently, Southtech has more than 80 clients in 5 countries across 3 continents, with more than 3,500 successful implementations.


    [Ref: ]


    DataSoft is referred to as the first CMMI  Level 5 software development Company in Bangladesh.

    DataSoft Systems Bangladesh Limited is the first software company in Bangladesh to be documented as a CMMI Level 5 Software Development company. Only **377 companies across the world have been recognized as CMMI level 5 companies. Accredited as a CMMI level 3 company since 2009, DataSoft has always been ahead of its game in comparison to other local firms. On April 24, 2014, DataSoft started its journey as a CMMI Level 5 company, and with that, it introduced a new era in the IT Industry of the nation.

    Their missions are-

    a) To maintain the leading software solution provider ensuring the benefit of customers, shareholders, and employees


    b)Developing, disseminating and exploiting the remarkable experience, expertise, and knowledge of all of our people

    c) Developing a distinctive competence in process development and project management              

    [ Ref: ]

    LeadSoft Bangladesh Ltd  

    LeadSoft is a leading Software Development Company, offering custom software development, software products, offshore software development, professional outsourcing, and software consultancy. Serving ISVs and SMEs covering Banking Sector, Non-Banking Financial, Life Insurance, Pharmaceuticals. Established in 1999, LeadSoft Bangladesh Limited has been delivering software products and services to nearly 100 clients at 500+ sites in Bangladesh, Japan, Denmark, and Norway. LeadSoft achieves prestigious CMMI Level 3 accreditation. Their dedication to quality has led them to achieve CMMI Level 5. They believe this achievement signifies that their organization has also reached a higher level. LeadSoft is also an ISO 9001:2008 certified company.

    LeadSoft enjoys a high level of competency in Microsoft suite of technologies, specifically around Microsoft.NET. They have successfully completed software development projects on distributed, desktop, and web platforms for a wide range of clients using Microsoft .NET technology. LeadSoft is an associate company of LEADS (, a leading IT solution provider of Bangladesh.

    [ Ref: ]


    REVE Systems

    REVE Systems started in 2003 with a focused approach to serve the IP based communication industry.

    REVE Systems is a privately held company providing software solutions for the telephony and IP telephony industry worldwide. The company was formed in 2003 and since 2008 headquartered in Singapore. It has operations in over 78 countries and employs over 1000 employees.

    The first software REVE Systems developed was an automated billing solution for VoIP calls made which was titled as “iTel Billing” launched officially in 2005. On April 3, 2008, REVE moved its headquarters to Singapore and launched Mobile VoIP officially in 2008. On December 14, 2009, REVE Systems opened its new office in India. Sanjit Chatterjee took charge for India operations. In February 2010 REVE introduced the billing solution – “iTel Switch plus” – a switching platform with integrated billing. It also develops products ranging from backbone infrastructure to peripheral products, including Middleware. Since 2015 [5] REVE Systems is widely working with E-governance to serve the government of Bangladesh.

    [Ref: ]

    Brain Station 23

    BRAIN STATION 23 is a software development company in Bangladesh, providing enterprise & customized web applications and mobile software development services to both local and international clients.

    In 2006, with little capital but a pocketful of belief, CEO, Raisul Kabir started Brain Station 23, a software company, right after graduating from BUET. The new company initially focused on the international market with the local market added in 2010. Since then the company has shown continuous growth and currently employs over 200+ software engineers. Brain Station 23 is now not only an established name in Bangladesh but also in countries like the USA, UK, Netherlands, Denmark, Norway, Sweden, Germany, Canada, Switzerland, Turkey, and the Middle East.

    [Ref: ]


    KAZ Software empowers people with award-winning development teams to innovate and build a great software product. They are one of the top software companies in Bangladesh and for more than a decade, they have helped Fortune 500 enterprises to start-ups all around the world launch. Their motto is to make software faster, better, within time and budget.

    They are one of the leading custom software companies in Bangladesh for software development outsourcing.  They offer software development and content management services to international customers across multiple industries. They provide practical, pragmatic and powerful solutions. Getting great software out to users is the single goal that drives them.                                             


    [Ref: ]

    Contributor: Farzana Trisha| Studying at Mawlana Bhashani Science & Technology University, Bangladesh.

    Note: These are not Official Ranking From Any Established Authority. Business Haunt Picked Them Randomly and Placed on the Base of Popularity and Internet Source.

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