After a break of almost two years, we are bringing back Future Startup's Startups to Watch series. The idea behind the series has always been simple: we want to keep an eye on young companies building interesting products and businesses in Bangladesh.
This is not a ranking. We are not trying to identify the country's biggest startups or predict which company will become the next unicorn. We are looking for companies solving an interesting problem, with active founders, real products, evidence of customers or users, and an interesting business model or/and approach to market.
While many people perceive that we only cover startups or tech companies, that is not the case. We are sector- and type-agnostic. We follow the companies that we find interesting, inspiring, and believable.
These profiles are mostly based on secondary research, which means they have minor gaps in accuracy. If you come across any errors, please let us know at info@futurestartup.com
For this edition, we looked across AI, education, logistics, e-commerce, and deep tech.
Here are eight Bangladesh companies we are following in September 2026.
What it does: Chorcha is an education technology company focused on practice-based learning and exam preparation. Its platform provides question banks, model tests, previous-year questions, subject-wise practice, performance tracking, and competitive exam preparation for SSC, HSC, university admission, BCS, and other job examinations. It also has an AI-powered problem-solving feature. Its website describes Chorcha as a problem-solving and admission-preparation platform and says users have completed more than three million exams and nearly six million minutes of practice.
Business model: Chorcha is a consumer education platform built around digital exam preparation and learning tools run on freemium subscriptions.
Traction: The company has reported serving more than 1.5 million students, with around 400,000 monthly active users and more than 1.5 million exam attempts. Chorcha also received a Tk 10 lakh iDEA grant in 2026, providing another recent signal of activity.
Why we are watching: Chorcha is interesting because it has built a relatively large student audience without following the traditional model of selling live classes and accumulating a large teaching operation. Its bet is on practice, data, and increasingly AI-assisted personalization. The company has also done an excellent job of drawing the attention of the industry through effective social media communication.
The next phase is about turning that user base into a durable education business while making the product genuinely better for students.
What it does: DIGIBOX is building shared last-mile logistics infrastructure through a network of IoT-enabled automated parcel lockers. The basic idea is that, instead of sending a delivery rider to every home for every parcel, a delivery company can place packages in a nearby locker. Customers can then collect them when convenient. DIGIBOX designs and manufactures its own locker hardware and operates the network.
Business model: DIGIBOX operates a shared locker network that can be used by e-commerce companies, banks, retailers, schools and other organisations. The company describes the model as a locker-as-a-service business. Its current client list includes Daraz, BRAC Bank, Bashundhara Group and other organisations.
Traction: DIGIBOX was founded by two experienced operators who had previously worked in logistics and technology. After three years of bootstrapping, the company says it has deployed 55 lockers, served more than 700,000 orders and built a base of more than 100,000 regular subscribers. A report by Accelerating Asia says around 1% of Daraz's orders in Bangladesh now move through DIGIBOX. The company was part of Accelerating Asia's 2026 Cohort 13.
Why we are watching: DIGIBOX is interesting for several reasons. Logistics remain an unresolved challenge in Bangladesh, particularly for e-commerce. Traditional and even specialized logistics companies struggle to provide quality service that is cost-competitive for e-commerce companies. It means there is room for meaningful logistics solutions. Moreover, since Bangladesh's address system remain under developed, home delivery is difficult. For Digibox, the company is building infrastructure rather than another marketplace or delivery fleet. That distinction could become increasingly important as Bangladesh's e-commerce market develops.
That said, the bigger question is whether the company can create enough network density to make lockers a meaningful part of the country's last-mile delivery system.
What it does: Dubotech is building autonomous systems for defence, maritime security, surveillance, and other applications. The company grew out of BRAC University DUBURI, a student robotics team that built autonomous underwater vehicles and competed internationally. The team finished second at the 2023 RoboSub competition in San Diego before spinning out into a commercial company in March 2024.
Today, the company is building FORTIS, an autonomy platform designed to connect different robotic systems across sea, land and air. The company's current platform includes unmanned ground vehicles, drones, surface vessels and underwater systems.
Business model: Dubotech develops autonomous hardware, software and integrated systems for defence and industrial customers. The longer-term ambition is to make FORTIS a hardware-agnostic autonomy and command-and-control platform that can coordinate different autonomous systems.
Traction and funding: Dubotech has already moved well beyond the research-project stage.
At the time of writing this profile, the company's website says it has a 35-person team, including 25 engineers, and a $1.5 million contract backlog. It raised a $50,000 angel round in 2024 and a $550,000 pre-seed round in early 2026.
In September, Dubotech also published a case study showing FORTIS deployed on an unmanned ground vehicle following a demonstration with defence operators.
Why we are watching: Dubotech represents a part of Bangladesh's startup ecosystem that gets relatively little attention: deep technology built around engineering, hardware and specialized applications.
It is also an interesting example of an academic robotics project becoming a commercial technology company.
If Dubotech can turn its engineering capability and early defence deployments into a repeatable product and international business, it could become one of Bangladesh's more unusual technology companies.
What it does: Govaly is a fashion and beauty e-commerce platform focused on verified sellers and brands. Rather than trying to build another horizontal marketplace, Govaly has focused on fashion and beauty and built its proposition around seller verification, authenticity, and a direct-from-seller fulfilment model.
Its current website is also evolving beyond a consumer marketplace. Govaly is building software tools for sellers, including storefronts, inventory management, POS, marketing, analytics, and other business functions.
Business model: Govaly operates a marketplace connecting consumers with verified fashion and beauty sellers. The company is also building a SaaS layer for sellers, which could eventually become an important part of its business.
Traction and funding: Govaly has grown quickly. The founders recently reported more than 1,400 brands and sellers, 130,000 registered users, and a team of more than 50 people. A recent report said the company raised $500,000 in seed funding from Accelerating Asia and unnamed angel investors. An Accelerating Asia report says the company had grown GMV 27x in 18 months without paid acquisition, with a 45-person team at the time. It also reported that Govaly's direct-from-seller model enabled fashion deliveries roughly 80% faster than the market. Govaly was part of Accelerating Asia's 2026 Cohort 13.
Why we are watching: Govaly is an interesting e-commerce bet because it is trying to solve two problems at once. For consumers, it is trying to create a trusted fashion marketplace. For sellers, it is gradually building an operating system that brings commerce, marketing, and business management tools into one place. Whether that broader seller platform can become a meaningful business in its own right is something worth watching.
E-commerce marketplace business has been a hard problem to solve in Bangladesh. While digital commerce has seen meaningful growth over the years, it remains dominated by small f-commerce players. We’ll be watching how Govaly navigates the marketplace growth challenges.
What I find interesting about this group is how different the companies are. Chorcha is building around practice-based education. DIGIBOX is creating last-mile infrastructure. Dubotech is working on autonomous defence systems. Some already have meaningful traction. Others are still proving themselves.
That is the point. A company does not become interesting only after it has raised a large round or reached a certain valuation. Sometimes the more useful moment to watch is earlier, when a small team is still figuring out a difficult problem and beginning to show that its idea might work.
We'll keep following these companies and return with another group next month.
