Profile
SEAF Bangladesh Ventures LLC is a venture capital firm based in Dhaka, Bangladesh, established in 2010. The firm was initially launched as a fund through the International Finance Corporation’s SME Ventures Program, focusing on providing growth and working capital to small and medium-sized enterprises (SMEs) in Bangladesh. The team is led by Managing Director Asif Mahmood, who has extensive experience in the ICT sector, and Vice President Nurul Hai, who specializes in investment management and research.
SEAF Bangladesh Ventures targets mid-size businesses with significant scaling opportunities in Bangladesh, investing through equity and quasi-equity instruments. The firm focuses on sectors such as Financial Services, Agriculture, HealthTech, and Industrial, aiming for both market returns and social impact. The typical deal size ranges from $1 million to $5 million, with a target fund size of $70 million. The firm is supported by investors like the International Finance Corporation and the Climate Investment Funds-Pilot Programme for Climate Resilience.
Notable investments include YYTZ Agro-Processing - agro-processing in Tanzania. The firm emphasizes investments that align with the UN Sustainable Development Goals, addressing issues like climate resilience and sustainable development in underserved markets.
Industry
Contacts
Instant access on the web. Plans from $129/month — see pricing.