Fund of Funds Overview
Our initial Fund of Funds (FoF) size is USD 33 million, with the flexibility to scale further. We will deploy these funds for direct investments in partnership funds established in collaboration with local and global Venture Capital Fund Managers with the mandate to invest in Bangladesh. Additionally, a portion of the total fund will be allocated for strengthening the startup ecosystem, including investments in government-approved incubators, accelerators, and challenger funds. The life of the FoF will be 30 years, after which a decision will be made on whether to transition it into an evergreen fund.
Objectives of the Fund of Funds
The Fund of Funds holds a three-pronged objective –
- 1. Enhance mobilization of foreign capital and promote foreign market access
- 2. Stimulate local funding to advance the local VCs and attract funding from local LPs
- 3. Drive sustainable development by contributing towards impact goals aligning with national priorities
Investment Strategy
Our mandate is to catalyze Bangladesh’s venture capital ecosystem by investing in high-potential international, regional, and local funds that drive innovation, economic growth, and impact. Beyond capital deployment, we provide strategic guidance, facilitate co-investments, and support ecosystem development.
Our investment strategy focuses on value creation, diversification, and risk management. We rigorously evaluate fund managers based on track record, investment thesis, and return potential to ensure both strong financial performance and long-term impact.
We maintain a sector- and stage-agnostic approach while prioritizing high-growth sectors such as financial services, e-commerce, logistics, healthcare, education, and agriculture.
Additionally, we integrate ESG principles to ensure sustainable, long-term value creation for investors and the broader economy.
For More Information:
Email: rashel@startupbangladeshvc.gov.bd
