LightCastle Partners has recently signed a contract agreement with Startup Bangladesh Limited, the only flagship venture capital fund of the ICT Division sponsored by the Bangladesh Government, to continue working as a Buy-side Advisor and Due Diligence Partner.
Startup Bangladesh Limited launched a US$65 Mn (Tk 500 Cr) fund to disburse to the nation’s top startups last year. The fund, which is called ‘ShotoBorshe Shoto Asha,’ has invested in 15 startups as of April 2022 and it aims to back a total of 50 companies.
The startups receiving funding to date are:
LightCastle Partners and The Legal Circle act as Buy-side Advisors and Due Diligence Partners to Startup Bangladesh Limited, the flagship venture capital fund of the ICT Division.
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