Printable Version — Raise IT Solutions Ltd Credit Proposal
Back
Confidential • Credit Proposal

Raise IT Solutions Ltd

AI Venture Portfolio
Funding Proposal

Requested Facility
BDT 20,000,000
(Two Crore Bangladeshi Taka)
Prepared by K.A.M. Rashedul Mazid, Managing Director • June 2026
Proposal Snapshot
Purpose
Working Capital & Tech Investment
Tenor
5 Years
Portfolio
3 AI SaaS Products
Team Size
37 across 3 functions
Year 3 Revenue
BDT 45.0 Mn
Year 5 DSCR
11.4×
01 Executive Summary

A Diversified AI SaaS Portfolio Seeking Growth Capital

BDT 20 Mn
Facility Requested
3
AI SaaS Products
37
Operational Team
5 Years
Repayment Tenor

Investment Thesis

  • Three operational AI SaaS platforms with global addressable markets exceeding USD 500 Bn combined.
  • Founder-led team of 37 engineers, marketers and operators with 21+ years of execution.
  • Recurring subscription revenue model with SaaS-typical high gross margins.
  • Capital efficient: working capital and infrastructure investment unlocks scalable revenue.

Capital Deployment

Product Development10%
Marketing30%
Hiring30%
Infrastructure30%
02 Company

Raise IT Solutions Ltd — At a Glance

A Dhaka-headquartered technology company building AI-first SaaS products for global markets. We combine deep engineering capacity, performance marketing and product design to scale digital businesses with capital efficiency.

20
Developers
Full-stack, AI/ML, mobile
15
Marketing
Growth, performance, content
2
Support
Customer success & ops

Business Focus

Artificial Intelligence
SaaS Platforms
Digital Transformation
Digital Products
03 Leadership

K.A.M. Rashedul Mazid — Managing Director

K.A.M. Rashedul Mazid

K.A.M. Rashedul Mazid

Managing Director, Raise IT Solutions Ltd · CEO, RITS Browser & RITS Ads Network · Chairman, BASIS Standing Committee on Digital Marketing
Profile

A published author of the book "Build Your Million-Dollar Business with Programmatic Advertising", with 20+ years of experience in the ICT industry and offices in USA and Bangladesh. Founder of RITS Browser (2.6M+ downloads across 238 countries) and Bangladesh's first programmatic advertising network — RITS Ads Network. Pioneer in AI-driven products like EATAI (10K+ users). Awarded Honoris Causa Doctorate (Ph.D.) in ICT and Digital Marketing and recognised with 5+ international awards. Chairman of the Standing Committee on Digital Marketing at BASIS, shaping national digital marketing policy for Bangladesh's 2,500+ member IT companies.

Credentials
  • Published Author — "Build Your Million-Dollar Business with Programmatic Advertising"
  • Founder & CEO — RITS Browser (2.6M+ downloads, 238 countries)
  • Founder — RITS Ads Network, Bangladesh's first programmatic advertising platform
  • Chairman — Standing Committee on Digital Marketing, BASIS
  • Honoris Causa Doctorate (Ph.D.) in ICT and Digital Marketing — The Thames International University, 2023
  • Best Emerging Leader in Digital Advertising Technology — Global Economics Awards, London 2023
  • IEEE Member & IEEE Computer Society Member

Career Timeline

2013
RITS Ads Network
Bangladesh's first programmatic ad platform
2017
APICTA Merit Award
Asia Pacific ICT Alliance + National ICT Champion
2018
National ICT Champion
Research & Development Category
2021
Asia Smart App Award
Merit Award — Hong Kong
2023
Ph.D. + Global Award
Honoris Causa Doctorate + Emerging Leader (London)
2024
BASIS Chairman
Best Digital Marketing Company + Committee Chair
04 Portfolio

Three AI SaaS Products. One Operating Platform.

VisaAI
visaai.app
Immigration Intelligence

AI-driven visa & migration eligibility assessments for South Asian markets.

Visitors / mo46,229
Users144
AI Assessment49%
Stage: Live & generating user traction
EAT AI
geteatai.app
AI Nutrition Coach

Food recognition, calorie analysis and personalised meal planning at scale.

Users2,000+
Active500+
Installs1,000+
Paid Subs3 (1 Pro Mo + 1 Premium Mo + 1 Pro Yearly)
Stage: Live & generating user traction
DailyYogaFlow
dailyyogaflow.app
AI Wellness Platform

Personalised yoga & wellness flows powered by adaptive AI programming.

Visitors / mo100
Free Users8
Annual PlanUSD 59.99
Stage: Live & generating user traction
05–07 Product Deep Dives

Product Mechanics, Pricing & Growth

visaai.app
[ Product screenshot ]

VisaAI — Revenue Model

Helps users evaluate eligibility across visa, study and migration programs with AI-generated guidance, document checklists and country-specific intelligence. 92% of the assessment workflow is fully automated by AI — from document parsing to eligibility scoring and country-intent matching.

SubscriptionUSD 19per month
Advisor PlanUSD 29per month
Target Market: South Asia — Bangladesh, India, Pakistan, Sri Lanka, Nepal. Expansion to MENA & Southeast Asia in Year 2.

VisaAI — Revenue Conversion Funnel (illustrative)

Monthly Visitors100,000 100%
Assessment Starts20,000 20%
Paid Assessments2,000 2%
Subscribers400 0.4%
geteatai.app
[ Mobile app screenshots ]

EAT AI — Workflow & Pricing

  1. 1Capture meal via camera
  2. 2Computer vision identifies food
  3. 3LLM scores macros & calories
  4. 4Plan adjusts via reinforcement loop
Pro
USD 4.99 / mo
Core AI tracking
Premium
USD 9.99 / mo
Coaching + advanced plans
dailyyogaflow.app
[ Product screenshot ]

DailyYogaFlow — Personalisation & Plans

Adjusts intensity, posture sequences and session duration based on user feedback, time of day, and progress signals — delivering a wellness experience that improves week over week.

Monthly
USD 7.99
Annual
USD 59.99
Roadmap: Q3-26 corporate wellness • Q4-26 wearable integration • Q1-27 nutrition cross-sell with EAT AI.
08 Market Opportunity

Global AI — A Trillion-Dollar Tailwind

Global AI Market (USD Bn)
142
2022
196
2023
279
2024
391
2025
545
2026
758
2027
1052
2028
1462
2029
2025
2030
Source: Grand View Research, Statista, Gartner (compiled).
USD 2.0 Tn
Projected global AI market by 2030
36% CAGR 2024–2030

All three Raise IT products sit within this growth corridor — applied AI in immigration, nutrition and wellness.

Adjacent Markets

Digital Health
USD 660 Bn
by 2030

AI-driven nutrition, fitness & telehealth converging into a single consumer wellness stack.

Global Wellness
USD 7.0 Tn
industry size

Yoga, fitness and mental wellness fastest-growing consumer categories post-pandemic.

Immigration Tech
USD 25 Bn
addressable

Cross-border mobility software with double-digit growth, underpenetrated in South Asia.

Sources: Statista, World Bank, OECD, Grand View Research, Gartner.

TAM • SAM • SOM

SOM
TAM
Total Addressable
USD 580 Bn
Combined global AI, wellness & mobility software.
SAM
Serviceable Available
USD 14 Bn
South Asia + diaspora markets reachable with our products.
SOM
Serviceable Obtainable
USD 35 Mn
Realistic 3-year capture across all three SaaS products.
09 Competition

Competitive Positioning

Capability
Raise IT
Global Incumbents
Local Competitors
AI-first product DNA
✓Native
Partial
Limited
South Asia localisation
✓Core focus
Minimal
Partial
Multi-product portfolio
✓Three products
Single product
Single product
Pricing accessibility
✓USD 5–29
USD 20–100
Variable
Performance marketing
✓In-house
Outsourced
Limited

Raise IT is the only operator running a coordinated multi-product AI SaaS portfolio from Bangladesh with global pricing accessibility.

10 Financials

Portfolio Revenue Forecast (BDT Mn)

BDT 4 Mn
Year 1 Revenue
BDT 16 Mn
Year 2 Revenue (+300%)
BDT 45 Mn
Year 3 Revenue (+181%)

Revenue by Product

BDT 4 Mn
Year 1
BDT 16 Mn
Year 2
BDT 45 Mn
Year 3
VisaAIEAT AIDailyYogaFlow
Product
Y1
Y2
Y3
VisaAI
1.5
6
15
EAT AI
2.0
7
18
DailyYogaFlow
0.5
3
12
Total
4.0
16
45
BDT Mn • Cumulative 3-Year Revenue: 65.0 Mn

Year 3 Revenue Mix

EAT AI40%BDT 18 Mn
VisaAI33%BDT 15 Mn
DailyYogaFlow27%BDT 12 Mn
11 Use of Funds

Capital Allocation — BDT 20,000,000

BDT 20 Mn
Total Facility
Marketing
BDT 6,000,000
30%
Performance marketing across Google, Meta, TikTok for user acquisition.
Hiring
BDT 6,000,000
30%
Senior AI engineers, product managers, growth marketers.
Infrastructure
BDT 6,000,000
30%
Cloud compute, AI inference, security & compliance.
Product Development
BDT 2,000,000
10%
New features, mobile builds, additional language support.

Investment Utilisation Roadmap — 12 Months

Months 1–3
Foundation

Cloud migration, senior hiring kickoff, infra hardening.

Months 4–6
Acquisition

Performance marketing scaling, launch EAT AI Pro tier upgrades.

Months 7–9
Activation

Conversion optimisation across all products, retention work.

Months 10–12
Expansion

Geographic expansion, B2B partnerships, advisor network.

12 Risk

Risk Analysis & Mitigation

Risk
Likelihood
Impact
Mitigation Strategy
Customer Acquisition
Medium
High
Diversified channel mix; in-house performance team; freemium funnels.
Technology
Low
Medium
Multi-cloud architecture; 21-yr CTO leadership; automated testing & CI/CD.
Competition
Medium
Medium
South Asia localisation moat; multi-product cross-sell; founder network.
Cash Flow
Medium
High
Loan-backed runway; staged spend; subscription recurring revenue cushion.
13 Repayment

Loan Repayment Plan — 5-Year Schedule

5 Years
Tenor
~10% p.a.
Indicative Rate
BDT 5.1 Mn
Annual Debt Service
11.4×
Year 5 DSCR

Revenue vs Debt Service

Y1
Y2
Y3
Y4
Y5
Revenue (BDT Mn)Debt Service (BDT Mn)

DSCR turns favourable from Year 2; by Year 5 the portfolio covers debt service over 11×. Repayment is anchored on diversified recurring SaaS revenue across three independent products, reducing single-point risk.

Cash Flow & Coverage

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Revenue (BDT Mn)
5.0
18.0
45.0
75.0
110.0
Gross Margin %
70%
75%
78%
80%
80%
Operating Cash Flow
1.0
6.5
20.0
38.0
58.0
Debt Service (BDT Mn)
5.1
5.1
5.1
5.1
5.1
DSCR (×)
0.2×
1.3×
3.9×
7.5×
11.4×
14 Appendix & References

Supporting Materials

Appendix Index

A
Product technical architecture
B
AI model & data infrastructure overview
C
Detailed unit economics by product
D
Marketing channel performance benchmarks
E
Founder résumé & key team biographies
F
Corporate registration & compliance documents
G
Sensitivity analysis on revenue assumptions
H
Subscription cohort & churn modelling

References & Citations

Statista
Global AI software market size, 2024–2030
Grand View Research
AI in Healthcare Market Analysis, 2024
Gartner
Hype Cycle for Artificial Intelligence, 2024
World Bank
South Asia Migration & Remittance Report
OECD
International Migration Outlook
Global Wellness Institute
Global Wellness Economy Monitor
IDC
Worldwide SaaS & Cloud Software Forecast
McKinsey & Company
The State of AI in 2024

All forward-looking statements and market figures are estimates based on publicly available third-party research.

Thank You

We look forward to a long-term partnership with Dhaka Bank PLC.

Contact
K.A.M. Rashedul Mazid
Managing Director, Raise IT Solutions Ltd
Dhaka, Bangladesh
Portfolio
  • VisaAIvisaai.app
  • EAT AIgeteatai.app
  • DailyYogaFlowdailyyogaflow.app
CONFIDENTIAL — PREPARED FOR DHAKA BANK PLC CREDIT COMMITTEE • © RAISE IT SOLUTIONS LTD