An AI Venture
Portfolio, built for
global scale.
Raise IT Solutions Ltd is seeking a BDT 20,000,000 facility from Dhaka Bank PLC to scale three live AI SaaS products — VisaAI, EAT AI and DailyYogaFlow — into a cumulative BDT 65 Mn three-year revenue base.
One operating platform.
Three AI products. 37 people.
Founded and led by K.A.M. Rashedul Mazid, Raise IT Solutions Ltd is a Dhaka-headquartered applied-AI company building consumer SaaS for global markets. We operate a shared engineering, growth and data platform that ships three distinct products under one P&L.
Three products. One thesis: applied AI for everyday decisions.
Traction is measurable, live, and growing.
The portfolio already serves thousands of users across four products. The numbers below are pulled from live analytics — not projections — and form the base on which the 5-year revenue ladder is built.
- · Organic Search — 72%
- · Direct & Referral — 18%
- · Paid (Meta / Google) — 10%
- · Avg. session — 3m 42s
- · D7 retention — 28%
- · D30 retention — 14%
- · VisaAI visitors — +38% MoM
- · EAT AI installs — +22% MoM
- · DailyYogaFlow — +27% MoM
SaaS economics that compound, not leak.
Because acquisition is dominated by organic search and founder-led content, blended CACstays low. Combined with high SaaS gross margins and annual plans, every paying user recovers cost inside one quarter and compounds from there.
Indicative cohort metrics from live analytics & payment systems. CAC reflects blended organic + paid spend; LTV computed on 24-month observed retention curves with conservative tail truncation.
We sit inside a USD 2 Trillion tailwind.[1][2]
The global AI market is forecast to grow from USD ~279 Bn in 2024 to over USD 2.0 Tn by 2030 at ~36% CAGR[1]. All three Raise IT products live inside this corridor — immigration intelligence, AI nutrition and AI wellness — sectors with independently validated demand.
The IOM reports 281M international migrants worldwide[7], with cross-border digital services growing double-digits[6]. Bangladesh alone sends ~1M workers abroad annually[8] — VisaAI's primary funnel.
Our SOM is global, not domestic — revenue is earned in USD, EUR and GBP from users across South Asia, MENA, Southeast Asia, Europe and North America, while costs are paid in BDT. Every dollar captured abroad lands as remittance-equivalent inflow at home.
Bangladesh's ICT export sector has grown to ~USD 1.9 Bn annually[9], with continued government policy support scaling digital exports toward the next billion-dollar milestone. Remittance inflows cross USD 23 Bn/year[8], underpinning consumer demand for migration, health and wellness software — the exact wedge Raise IT serves.
- · Customer support at ~1/8th the cost of US/EU equivalents — 24/7 multilingual desk staffed from Dhaka.
- · Engineering & HR overhead 70–80% lower than comparable SaaS hubs (SF, London, Singapore).
- · Lean logistics & ops — fully remote-first delivery, no physical fulfilment, BDT-denominated cost base against USD revenue.
This is what lets a Dhaka-based team price globally at USD 5–29 and still run at SaaS-grade margins.
BDT 4 Mn → BDT 45 Mn in three years.
GPU compute, model fine-tuning, platform engineering
Paid acquisition across VisaAI, EAT AI, DailyYogaFlow
Engineering, product and support team expansion
Legal, payments, FX, contingency
USD-denominated revenue partly offsets BDT cost base; multi-PSP redundancy.
Three independent product lines diversify cashflow and reduce single-product risk.
Mix of open-source + frontier models; usage caps and per-feature budgets enforced.
Privacy-by-design, GDPR-aligned data handling, immigration disclaimers reviewed by counsel.
5-Year DSCR scales to 21.6× by Year 5.
DSCR computed against an indicative 11% p.a. structure on BDT 20 Mn over 5 years (Annual Debt Service ~BDT 5.1 Mn). Even at Year 1 cash generation, DSCR clears the conventional 1.25× Covenant — by Year 3 the portfolio covers debt service 8.8× over.
A clean, bankable structure.
Pre-structured for direct lift into the Dhaka Bank credit note — composite facility, tranched drawdown, conservative Tenor, and an interest rate ask justified by the ancillary business outlined further down.
Indicative — final terms subject to Dhaka Bank credit committee & Bangladesh Bank prudential guidelines.
A three-layer security waterfall.
Security Cover Ratio target: 1.4×. Three independent repayment sources — operating cash flow, pledged collateral, and promoter guarantee.
All company receivables, IP, equipment, and Stripe / Wise / Payoneer payout streams hypothecated to Dhaka Bank.
Unconditional personal guarantee of the MD (K.A.M. Rashedul Mazid), supported by registered mortgage of property (to be valued at sanction).
20% cash margin — BDT 4 Mn FDR held with Dhaka Bank under lien for the tenor of the facility.
- · Key-man insurance on the MD — policy assigned to Dhaka Bank
- · Cyber liability & professional indemnity insurance maintained
- · Quarterly stock & receivable statements to the bank
Not just a loan —
a multi-product banking relationship.
The interest income on BDT 20 Mn is the smallest part of the relationship value. Raise IT earns in USD, EUR and GBP — every dollar of that throughput and every payroll transaction becomes Dhaka Bank fee & float income.
All inbound USD / EUR / GBP from Stripe, Wise, Payoneer, Apple & Google routed through a Dhaka Bank ERQ + NFCD structure — generatingFX spread, encashment commission, and inward remittance fees on every cycle.
37 employees today, projected 60+ by Y3 — full payroll account migration to Dhaka Bank, creating steady CASA float of BDT 8–12 Lakh at any time.
Corporate credit cards for engineering team (AWS, OpenAI, Google Cloud spend in USD), and future LC / trade finance lines as the portfolio scales internationally.
On the strength of this combined relationship, we respectfully request Dhaka Bank's lowest published SME / ICT-sector lending rate, with the option to step down further upon eligibility under the Bangladesh Bank refinance window.
The loan stays serviceable —
even on worst-case assumptions.
Promoter commitment: if DSCR falls below the 1.25× Covenantin any year, the MD will inject additional equity to restore coverage — formalised as a written undertaking at sanction. This converts a tail-risk into a contractual top-up obligation.
A channel-by-channel plan for the BDT 6 Mn marketing line.
The 30% marketing allocation in Use of Funds is deployed across a measurable channel mix, with quarterly milestones per product, hard CAC ceilings, and a funnel target reviewed monthly against actuals.
Channel Mix & 12-Month Budget
Funnel Targets
Quarterly Launch Calendar
Meta + Google rollout across BD & IN. Programmatic SEO for 50 visa corridors.
Corporate wellness pilots with 5 Dhaka enterprises. ASO sprint on Play Store.
Affiliate programme with 30 yoga / wellness creators across US, UK, IN.
Channel partnership with 8 mid-market agencies for white-label reselling.
The founder has already built and shipped.
Three live, revenue-generating AI products exist today — built with founder capital, founder time, and a 37-person team already on payroll. This is not a green-field bet; the bank is funding the next leg of a proven build.
- · Personal Guarantee of MD K.A.M. Rashedul Mazid for the full facility
- · Personal Net Worth Statement submitted with sanction documents
- · No dividend or owner distribution until the loan is fully serviced
- · Equity top-up commitment if DSCR breaches 1.25× covenant
- · All MD remuneration capped at agreed schedule for the tenor
Quantum of promoter equity already invested available in the appendix financial model — confirm with MD before final submission.
BDT 20,000,000
(Two Crore Bangladeshi Taka)
A 5-year working capital & technology investment facility from Dhaka Bank PLC — powering three live AI SaaS products into a globally competitive, cash-generating portfolio.
- · Sanction the composite BDT 20 Mn facility on the indicative term sheet
- · Price at Dhaka Bank's lowest SME / ICT-sector rate, reflecting 1.4× security cover and BDT 3.5–4.5 Mn ancillary income
- · Route the exposure through the Bangladesh Bank ICT Refinance Window for further rate optimisation
Our SOM is global — and we intend to make Bangladesh proud on that stage.
With this credit, Dhaka Bank becomes the proud banking partnerof a homegrown AI portfolio earning USD revenue for Bangladesh.
A bankable AI portfolio. A multi-product relationship. A national export story.
Full contact details (email, phone, registered address) provided with sanction documentation.
Every short-form, defined in plain language.
Acronyms used across the document link here. Click any underlined term anywhere in the proposal to jump to its definition below.
- SaaS
- Software as a Service — software delivered over the internet on a subscription.
- CAC
- Customer Acquisition Cost — average marketing + sales spend to win one paying customer.
- LTV
- Lifetime Value — total gross profit a customer generates before churn.
- LTV / CAC
- Ratio of LTV to CAC. Above 3× is considered healthy for SaaS.
- CAC Payback
- Months of gross profit needed to recover the CAC for a customer.
- Churn
- Percentage of paying customers who cancel in a given period (monthly or annual).
- NRR
- Net Revenue Retention — recurring revenue retained from existing customers including upgrades, net of churn.
- Gross Margin
- Revenue minus the direct cost of delivering the service, expressed as a percentage.
- ARPU
- Average Revenue Per User per period.
- MRR
- Monthly Recurring Revenue — predictable subscription revenue billed each month.
- ARR
- Annualised Recurring Revenue — MRR × 12.
- MAU
- Monthly Active Users — unique users active in a 30-day window.
- DAU
- Daily Active Users — unique users active in a 24-hour window.
- D7 / D30 Retention
- Share of users still active 7 / 30 days after first use.
- Conversion Rate
- Percentage of visitors or free users who become paying customers.
- DSCR
- Debt Service Coverage Ratio — operating cash flow ÷ annual debt service. >1× means the business covers its loan obligations.
- Debt Service
- Annual principal + interest payable on the loan.
- Tenor
- Length of the loan, expressed in years.
- Operating Cash Flow
- Cash generated from the core business after operating costs, before financing and investing.
- EMI
- Equated Monthly Instalment — fixed monthly loan repayment covering principal + interest.
- Moratorium
- Initial period during which principal repayment is paused; interest is typically still serviced.
- TAM
- Total Addressable Market — global revenue opportunity if 100% market share were captured.
- SAM
- Serviceable Addressable Market — portion of TAM reachable with the current product/geography.
- SOM
- Serviceable Obtainable Market — realistic share of SAM the business can capture in the plan period.
- CAGR
- Compound Annual Growth Rate — smoothed annual growth rate over a multi-year period.
- NPV
- Net Present Value — sum of future cash flows discounted to today.
- Freemium
- Free base product with paid upgrade tiers.
- B2B
- Business-to-Business — selling to companies rather than consumers.
- B2C
- Business-to-Consumer — selling directly to end users.
- MD
- Managing Director — the executive who runs day-to-day operations of the company.
- CTO
- Chief Technology Officer — executive responsible for technology and engineering.
- BDT
- Bangladeshi Taka — the national currency of Bangladesh.
- USD
- United States Dollar.
- FX
- Foreign Exchange — currency conversion between BDT and USD/EUR/GBP.
- CI/CD
- Continuous Integration / Continuous Deployment — automated build, test and release pipeline.
- KPI
- Key Performance Indicator — a metric tracked against a target.
- ROAS
- Return on Ad Spend — revenue generated per unit of advertising spend.
- CPI
- Cost Per Install — paid acquisition cost for one mobile app install.
- CPM
- Cost per 1,000 ad impressions.
- CPC
- Cost Per Click — paid acquisition cost per ad click.
- SEO
- Search Engine Optimisation — earning organic traffic from search engines.
- SEM
- Search Engine Marketing — paid search advertising (e.g. Google Ads).
- ASO
- App Store Optimisation — improving discoverability on iOS / Play Store.
- API
- Application Programming Interface — how software systems talk to each other.
- SME
- Small and Medium Enterprise — the regulatory category Raise IT borrows under.
- ICT
- Information & Communications Technology — Bangladesh's classified export sector for software/services.
- GDPR
- EU General Data Protection Regulation — standard for handling personal data of EU residents.
- PSP
- Payment Service Provider — e.g. Stripe, Wise, Payoneer, used to collect global revenue.
- FDR
- Fixed Deposit Receipt — interest-bearing time deposit, here held under bank lien as cash margin.
- CASA
- Current Account / Savings Account — low-cost demand deposits maintained with the bank.
- ERQ
- Exporter's Retention Quota — Bangladesh Bank scheme allowing exporters to retain a share of FX earnings.
- NFCD
- Non-Resident Foreign Currency Deposit — FX-denominated account permitted under Bangladesh Bank rules.
- AD Branch
- Authorised Dealer branch — a bank branch licensed to handle foreign-exchange transactions.
- LC
- Letter of Credit — bank-issued instrument guaranteeing payment in trade finance.
- Hypothecation
- Charge over moveable assets (receivables, equipment) pledged as loan security without transferring possession.
- Covenant
- Contractual condition in the loan agreement (e.g. minimum DSCR) that the borrower must maintain.
- RJSC
- Registrar of Joint Stock Companies & Firms — Bangladesh's corporate registry.
- BASIS
- Bangladesh Association of Software & Information Services — national IT industry body.
- AI
- Artificial Intelligence — software systems that learn from data to perform tasks like prediction or generation.
- IOM
- International Organization for Migration — UN agency tracking global migration.
- WHO
- World Health Organization — UN agency for global public health.
- GWI
- Global Wellness Institute — research body that sizes the global wellness economy.
Definitions are simplified for committee reading; full technical methodology is available in the appendix financial model on request.
- [1]Grand View Research — Artificial Intelligence Market Size Report, 2024–2030https://www.grandviewresearch.com/industry-analysis/artificial-intelligence-ai-market
- [2]Statista — Global Artificial Intelligence Market Forecast 2024–2030https://www.statista.com/outlook/tmo/artificial-intelligence/worldwide
- [3]Gartner — Forecast: AI Software Worldwide, 2023–2027https://www.gartner.com/en/newsroom/press-releases
- [4]Global Wellness Institute — Global Wellness Economy Monitor 2024https://globalwellnessinstitute.org/industry-research/
- [5]World Health Organization — Digital Health Strategy 2020–2025https://www.who.int/health-topics/digital-health
- [6]UNCTAD — Digital Economy Report 2024 (Cross-border digital services)https://unctad.org/digital-economy-report-2024
- [7]International Organization for Migration — World Migration Report 2024https://worldmigrationreport.iom.int/
- [8]Bangladesh Bank — Quarterly Remittance & ICT Export Reportshttps://www.bb.org.bd/
- [9]BASIS — Bangladesh ICT Industry Statistics 2024https://basis.org.bd/
- [10]McKinsey & Company — The State of AI in 2024https://www.mckinsey.com/capabilities/quantumblack/our-insights/the-state-of-ai
Market sizing figures rounded for presentation. Forecast methodology blends primary Raise IT cohort data with cited third-party research.