Early-stage investing in frontier markets like Bangladesh has traditionally been hindered by excessive paperwork, lengthy due diligence processes, and significant coordination challenges. However, Bangladesh Angels Network (BAN), the country’s first and largest angel investment platform, is tackling these obstacles with the launch of its new digital investment platform designed to streamline the entire investment cycle.
BAN’s platform begins with a digital subscription model that replaces the previous cumbersome, manual processes, offering a smoother and more efficient pathway for investments. The network plans to introduce Special Purpose Vehicles (SPVs) through partner platforms in the near future to further simplify the investment process.
The platform serves as a centralized hub where investors can source and discover deals, review live investment opportunities, join investor groups, track their investments, and directly connect with founders. This new approach significantly reduces friction in the investment process. For startups, the platform centralizes fundraising efforts, boosts visibility, and facilitates mentorship connections.
“By enhancing deal accessibility, information transparency, and operational efficiency, the platform helps both investors and entrepreneurs navigate the fundraising process with greater ease,” said Ivy Huq Russell, BAN’s Chief Executive Officer. “This creates new capital flows for Bangladesh’s startup ecosystem, especially from our Non-Resident Bangladeshis (NRBs). Once capital control in Bangladesh is relaxed, as discussed at the Investment Summit 2025, our members will be able to directly invest through the Angel Network platform.”
BAN has already demonstrated considerable impact, claiming to have facilitated more than 100 transactions and channeled $11 million into early-stage startups. The platform primarily focuses on digital and tech-driven ventures led by full-time founders who have generated revenue but have not yet achieved product-market fit. Typical investments range from $50,000 to $500,000 in pre-seed to seed rounds, with the majority of deals falling between $100,000 and $200,000. Through its recent partnership with UCB Investments, BAN is now positioned to support deals up to $1 million for market-ready startups.
The new digital platform arrives as BAN prepares to register in Singapore to facilitate easier Special Purpose Vehicle (SPV) payments from participating investors. By Q3/Q4, the network aims to diversify its membership, which currently exceeds 600 members, by attracting founders from South and South-East Asia. Partnerships are already in progress with Singapore-based Angel and Investment Networks.
BAN officials note that the platform will support cross-border investments and provide learning opportunities for founders. It will also streamline the creation of SPVs with partners and build a pipeline for future venture funding. In emerging markets, where institutional capital is often limited, such digital platforms, when executed correctly, have the potential to play a crucial role in mobilizing early-stage investment at scale.
