BKash

BKash

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Investment Firm

Overview

BKash Limited, a subsidiary of BRAC Bank, started as a joint venture between BRAC Bank Limited, Bangladesh and Money in Motion LLC, USA. In April 2013, International Finance Corporation (IFC), a member of the World Bank Group, became an equity partner and in April 2014, Bill & Melinda Gates Foundation became the investor of the company. The ultimate objective of bKash is to ensure access to a broader range of financial services for the people of Bangladesh. It has a special focus to serve the low income masses of the country to achieve broader financial inclusion by providing services that are convenient, affordable and reliable

Highlights

Founded

2011

Industry

Financial Services

Employees

501-1000

Investment

1

Lead Investment

0

Exits

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Stages

N/A

Investor Type

N/A

Location

Dhaka, Dhaka, Bangladesh, Asia

Contact Information

Social

Profile Resume

BKash, established in 2011 and headquartered in Asia., specializes in investments across Financial Services, Banking, Asset Management, Finance, Lending, Commercial, Personal Branding, Debit Cards, Retail. Their recent investments include Habib Bank Limited, NCC Bank, Bank Asia Limited, Commercial Bank of Ceylon, Mutual Trust Bank. The highest investment round they participated in was $17.7B. Among their most notable exits are Habib Bank Limited and NCC Bank. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Kamal Quadir

Kamal Quadir

CEO & Founder

Investment portfolio

N/A

investments

1

Diversity investments

0

Lead investments

0

Number of exits

undefined

Investments

1

Annouced DateOrganization NameIndustryMoney Raised
Apr 27, 2022--138.7M

Exits

0

Funding Timeline

Funding rounds

1

Investors

2

Funds

0

Funding Rounds

1

BKash has raised 1 rounds. Their latest funding was raised on Apr 27, 2022 from a Debt Financing - Banglalink round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Apr 27, 2022
Debt Financing - Banglalink Debt Financing - Banglalink
-138.7M-

Investors

2

BKash is funded by 2 investor(s). Ant Group Kantor is the most recent investors.

Investor NameLead InvestorFunding RoundMoney Raised
Ant Group Ant Group
Yes
Corporate Round - BKash
0
-Yes
Venture Round - BKash
0

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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