BitStream
Bangladesh’s first AI powered video streaming platform
BitStream is Bangladesh’s first AI powered video streaming platform. Its a concept to develop a all in on cross platform for all types of content development to distribution for all kinds of audience
Well first of all, as an entrepreneur you must respect everyone time to successful. So we are bunch of market experienced people who are dedicate to deliver the industry through innovation and cutting edge tools.So that's why if you are a person believes in opportunities we want to work with you
Venture snapshot
The essential context before deciding whether this startup is relevant.
Category
DeepTech Venture
Based in
Dhaka
Current stage
Idea
Industries
Reasons to connect
Where this startup needs help and what it can contribute in return.
Looking for
Ways the community can help
Can offer
Value the startup can share
Founded year
2019
What we are building and for whom
We are building the next gen media platform for understanding culture and making it to reach and communicate to all kinds of People of Bangladesh
Problem / pain point
Usually VOD platform in bangladesh don't scale up due to 1. Need massive content fund 2. Platforms doesn't get large scale technical support for app(cause private sector are too expensive for early stage) 3.Every app is too simple to access there are not enough stuff to do in the app so people usually get bored in the app and the repeat customer value drops.
Solution
1. We have contact with some foreign content fund to help us develop new content for the platform 2. Our app has some new features with the help of AI to boost the audience retention process 3.We are building an app that has hybrid model of revenue and focused to deliver all kinds of content service as in a one cross platform for a large number of audience
What happens if the problem isn't solved?
Currently bangladesh has a large potential for a hybrid platform like bitStream. If we don't build a platform like this then we would loose a annual revenue market of 300 crores of market according to government data
Target customer
Our target customer range is from age 18 to 70 minimal
Customer types
Customer tags
Target segments
Serving geographies
Expansion targets
Business models
Why us / what is different
We are a team that's been in the media market for the last 15 years. We know this market more than anybody laying around here and that's why we believe this product will change the market and customer side point on a new level
SDG / impact areas
Architecture / product types
Primary technologies
Programming languages
IP / proprietary technology
Incorporation status
Partnship status(Single founder)
Country of incorporation
Bangladesh
Team size
100
Key team capabilities
Hiring now
Yes
Traction signals
Monthly revenue band
Pre-revenue
Revenue status
Pre-revenue
Regulatory / licence status
In process
Funding status
Currently raising
Yes
Amount seeking
1,25,000,00
Funding instrument
Hybrid term sheet
Connected with
Existing partners
Adoption interest
Yeah sure its up for the terms. If all good them no problem from us.
Startup story / journey
We started as team. My last partner who died in COVID-19 we started from his platform. We grew with the market and customer research and now with the most accurate data this platform can create heavoc in the market.