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BharaKhataভাড়াখাতা

Your rent, your ledger · আপনার ভাড়া, আপনার খাতা

Bangladesh’s Bangla-first digital rent ledger — landlords invoice, collect and verify tenants in one app, replacing the paper খাতা.

The operating system for the Bangladeshi rental market.

Raising now৳70 lakhYear 1 of a৳5 croretwo-year program · balance milestone-gated
MD Shofiul Islam Bayzied, CEO & CTO · Fatequr Rahman Peyash, CMOBharaKhata Ltd. · Ventura Iconia (Level 3), Banani, Dhaka 1213
team@bharakhata.com · bharakhata.com31 August 2026
Problem · the money

Billions in rent move on paper, WhatsApp and bKash screenshots.

The typical Dhaka landlord — 1 to 30 units in one building — runs it all on a paper khata. No receipts, no lease, no proof.

3 in 4Dhaka South households rent their home — 74.94%, census-official (BBS 2022)
rent rise for a 2-room flat, 1990→2015 CAB / Dhaka Tribune 2026
US$5B+annual rent flow, greater Dhaka our estimate · see market slide
85%of tenants get no receipt BIGD 2017
27%have a written contract BIGD 2017
>30%of income goes to rent IJRISS 2025
592kproperty-tax holdings, Dhaka city corporations TBS 2021

Sources BBS Census 2022 (DSCC key features) · BIGD via The Daily Star · IJRISS 2025 · Dhaka Tribune / CAB, 26 Apr 2026 · The Business Standard, 24 Oct 2021. Rent-flow figure is our estimate — no official aggregate exists.

Problem · the danger

In 2016 the state made landlords responsible for knowing their tenants — and handed them a paper form.

Dhaka police made tenant registration mandatory. Landlords who skip it can be arrested. The form collects NID, photo, workplace, family — and verifies none of it.

The gap is the product

The government’s instant NID API has run since 2019 — banks use it daily. It has never been connected to tenant registration.

Holey Artisan attack. The attackers lived in rented flats; their landlords were arrested.

Kalyanpur "Jahaj Bari" raid — nine militants on a rented floor; the owner’s family remanded.

DMP launches CIMS tenant registration — a paper form, self-declared.

Government NID API launched. Banks adopt it. Never wired to CIMS.

Subrata Bain, top-23 most-wanted, found after six weeks in a rented flat.

Pallabi child murder by an unscreened sublet tenant. Nationwide protests.

DMP again urges every landlord to register — 3.67M households on file.

Sources The Daily Star · The Asian Age · IRB Canada BGD200088.E · Dhaka Tribune (2016, 2019) · BSS 26 Jul 2026 · Prothom Alo 27 May 2025 · full URLs in the data room.

Solution · one app, four roles

One Bangla-first app for everyone in the building — landlord, tenant, caretaker, guard.

The daily habit is free — invoices, payment proof, chat, the police form. We charge for two things: fear (verifying a stranger) and scale (more than four tenants).

Verify tenantChuktinama e-leaseAuto invoicesbKash proofSplits & metersWorkordersNotice & deposit refund
Live

Rent ledger & bilingual invoices

Monthly invoices, Bangla PDFs, arrears, meter readings.

Live

Payment proof with approval queue

Tenant uploads the bKash screenshot; landlord approves; receipt kept forever.

Live

NID + selfie KYC

Government ID + liveness match. They store photos; we verify people.

Live

One-tap DMP police form

The mandatory police form, pre-filled from verified data.

Live

Chuktinama with OTP witnesses

Digital lease, legal notices, salami / jamanat deposits.

Launching

Bronze → Platinum trust badges

Portable verification a tenant carries to the next landlord. Ships with paid plans.

"Live" = in Google Play release 1.0.18, repo-verified 24 Aug 2026 · also in production: admin panel, website, QR site · iOS Q3 2026.

Product · live screens

This is the app on Google Play today — not a mock-up.

Owner and tenant see the same ledger from two sides. Real captures from the shipped build.

  • One tap generates every invoice for the month.
  • bKash proof in, approval out, receipt forever.
  • Deposits tracked by their real names — salami, jamanat, advance.
  • Rating & on-time streak — the seed of portable rental history.
BharaKhata app screen
BharaKhata app screen
BharaKhata app screen

Release build, Android emulator, demo account, Jul 2026 · the আ toggle switches the whole app to Bangla · Play Store 1.0.18.

Why now · the rails already exist

Every rail we need was built by someone else. Nobody connected them.

Smartphone in every hand72% OF MOBILE USERS · GSMA bKash / Nagad habit87M ACTIVE · ৳2,360CR BILLS/MO Government NID APIGOVT E-KYC RAIL · LIVE SINCE 2019 Police tenant mandateDMP CIMS · MANDATORY SINCE 2016 BharaKhataভাড়াখাতা

The landlord already has a smartphone with bKash on it. The police already require registration. The identity API already exists.

189.83Mactive mobile subscriptions BTRC, Jun 2026
99%4G population coverage GSMA, Sep 2025
87Mactive mobile-money accounts · ~US$13B a month Bangladesh Bank
82MbKash users, 47M active Bonik Barta 2026
৳2,360crutility bills paid by mobile money monthly — rent is next Bangladesh Bank
3.67Mhouseholds in the police tenant database — unverified BSS 2026

Sources BTRC via BSS, 2 Aug 2026 · DataReportal / GSMA 2026 · GSMA via TelecomTV 2025 · Bangladesh Bank MFS data · Bonik Barta 7 Jun 2026 · BSS 26 Jul 2026.

Product depth · what is actually built

The full rental lifecycle, in production, in Bangla.

Not a prototype. Built and shipped by the CEO in 18 months on ৳0 outside capital. Counts measured from the codebase.

76app screens
127database migrations
60+production tables, 100% row-level security
21server-side edge functions
StageWhat the app doesWho
VerifyOTP → NID → selfie liveness → landlord reference → DMP formOwner · Tenant
LeaseBangla chuktinama, e-signed with OTP witnessesOwner · Tenant
InvoiceAuto invoices: rent, utilities, recurring charges, metersOwner · Caretaker
CollectbKash / Nagad / cash proof → approval → receipt; remindersTenant · Owner
OperateWorkorders, expense P&L, gate passes, chatAll four roles
ExitNotice, deposit refund, portable rental historyOwner · Tenant

Stack Flutter · Supabase (Postgres, row-level security) · Next.js admin · Didit KYC · Android 1.0.18+24 · not yet shipped: badge tiers, web checkout, bulk SMS — all "launching".

Market · arithmetic shown

No official rent-flow number exists. So we derive it from the census — and show the work.

# City corporations only (BBS Census 2022) DSCC households 1.10M DNCC households (5.98M ÷ 3.85/HH) ≈1.55M City-corp households ≈2.65M × renter share (census 74.94%) ≈2.0M renter HH × avg rent ৳18,000–25,000 /mo Numbeo, conservative mid-band × 12 months ≈ ৳430–600 billion /yr ÷ ৳122.5 per US$ ≈ US$3.5–5.0B /yr # Greater Dhaka metro (UN WUP 2025: 36.6M, world #2) scaled, peripheral rents lower ≈ US$5–9B /yr → "US$5B+"
US$5B+TAM · annual rent flow, greater Dhaka (36.6M metro) derived
2.0MSAM · renter households, Dhaka city corporations derived
~592klandlord proxy · property-tax holdings, DNCC + DSCC TBS 2021
0.08%of holdings = our Month-12 target of 500 paying landlords

Sources BBS Census 2022 (DSCC key features; DNCC via Prothom Alo) · UN DESA WUP 2025 · Numbeo Dhaka, Aug 2026 · The Business Standard 2021.

Business model · free, then fear and scale

Free up to four tenants, forever. Then a cup of tea per tenant per month.

এক কাপ চায়ের দামে এক ভাড়াটিয়ার পুরো মাসের হিসাব — a tenant’s month of bookkeeping for the price of a cup of tea. The owner pays; the tenant never does.

Target · Month 12

500 paying landlords ≈ ৳1.65 lakh / month

Subscriptions ≈ ৳1.4 lakh + verification checks; gross margin ≥70%. Subscriptions are the retention proof — the program is priced for the verification and payments layers.

Unit economics — assumptions, not data

CAC ≈ ৳4,200 · gross profit ≈ ৳230 / landlord / month · payback ≈ 18 months · 5-year landlord ≈ 3.3× CAC. The pilot’s first job: measure real CAC and retention.

TenantsPlanMonthlyAnnual
1–4খাতা · Free৳0৳0
5–10Standard৳200৳2,000
11–20Plus৳350৳3,500
21–30Pro৳500৳5,000
31+Pro+৳500 + ৳150 / extra 1010× monthly
Verification checkWhat it addsPrice
BronzePhone OTPFree
Silver+ NID verification৳50
Gold+ selfie liveness match৳150
Platinum+ previous-landlord reference + DMP form filed৳300
Business tiers+ trade-license check (shops, offices)৳250–400

Revenue layers: subscriptions → verification checks → payments take-rate (Year 2, after pentest) → marketplace. One bad tenant costs a month’s rent (৳15,000+); a check costs under a tenth of that. Pricing designed and gated — not yet live.

Competition · paper, then one website

The real competitor is paper. The only digital rival has no app, no lease and no tenant account.

No funded local competitor: zero BD proptech deals in 2023–24; Bproperty collapsed in 2025. Abroad the category is proven — NoBroker ~US$1B, TurboTenant 700,000+ landlords.

Where BariWala wins today — said plainly

Better staff permissions, a desktop surface, and a working checkout — ours is not built yet. Better you hear it from us.

CapabilityPaper khataBariWalaBharaKhata
Tenant has an accountNoNo — tenants are rowsYes — verification, history, badges
Native mobile appWeb onlyAndroid live · iOS Q3
Identity verificationNoneStores photosNID + selfie liveness
Lease / chuktinamaPaper, if anyNo lease entityE-signed, OTP witnesses
DMP police formBy handNoOne tap, pre-filled
CommunicationWhatsAppPaid SMS onlyFree chat + push
PricingFreePer room, count locked at purchaseFree ≤4 tenants; slabs, no lock-in
Staff permissions · desktopStrongBasic · mobile only

Sources BariWala teardown, Jul 2026 · LightCastle Partners deal data · NoBroker Series E 2021 · TurboTenant / LLR Partners 2024. Western tools: wrong language, US$1.50+/unit, no bKash.

Traction · the truthful zero

৳0revenue — by design. Monetization is switched off until a published retention gate passes.

We refuse to fake it. What we can show: a production platform, a pilot underway, and a rule that turns pricing on only after landlords come back for a second month.

Live

Android on Google Play

Release 1.0.18 · admin panel · website — all in production.

Now

Pilot buildings onboarding in Dhaka

Everything free during the pilot; the metric is usage, not vanity.

Validation

100+ homeowner interviews

Owners say they will pay — validation, not revenue.

Proof of execution

18 months, ৳0 raised

Entire platform built solo by the CEO, fully bootstrapped.

Launch gates — pricing goes live only in this order

  • Website truth clean-up
  • 10 active landlords through one invoice cycle
  • 50 organic landlords, 3 real testimonials
  • Retention gate: ≥60% complete a second cycle
  • Paid plans live — Founding 100 first
  • Paid ads only after 10 paying customers

Risks we name: engineering is one person (first hires fix it) · landlords 50+ are won by ground game, not ads · if bKash ships rent collection, leases, verification and history are what an MFS will never build.

Roadmap · wedge → ecosystem

Nobody installs an ecosystem. They install the app that solves this month's problem.

Now · pilotMo 6 · paid plansMo 12 · T2 gateMo 18 · CtgMo 24 · Series AY2–3 · rails
WhenMilestoneWhat it unlocks
NowDhaka pilot buildings; everything freeRetention proof — the 60% second-cycle gate
Month 650 organic landlords · paid plans go live৳200–500 slabs, Founding-100 offer
Month 12500 paying landlords · ~15,000 units · iOS live≈ ৳1.65 lakh/month recurring; referral engine; Tranche-2 gate
Month 18Chattogram expansionSecond-city playbook; market-committee B2B tier
Month 242,500 paying · ~৳1.2 Cr run-rateSeries-A ready; payments layer begins after external pentest
Year 2–3Payments rails · marketplace · 8,000 paying / 150,000 units by Year 3Take-rate on the rent flow — ~৳4.7 Cr Year-3 path
BeyondMulti-owner buildings, property managersPakistan, Nepal, West Bengal — same-shape markets
How investors get out · paths, not promises

Series A at Month 24 → regional proptech / fintech consolidation (NoBroker precedent) → strategic buyers: MFS operators, banks, telcos, developers. Tranche 1 is angel-sized and closes before the retention gate; Tranche 2 is priced on the Month-12 proof.

Targets, not history · Year 3 assumes a Series A and a 0.75% payments take-rate · the raise funds the first five rows; its gates are the Month-6 and Month-12 milestones.

Team · two co-founders

Two co-founders. One built the whole platform; the other opens the doors.

75 / 25, no SAFEs or notes outstanding. The named risk: engineering is one person — the first money hires two engineers and three field agents.

SB

MD Shofiul Islam Bayzied

CO-FOUNDER · CEO & CTO · 75%

11 years in tech — 7 building apps and websites for clients in the US, Canada and the UK, the last 4 working with AI. The vision behind BharaKhata — and the engineer who built and shipped the entire platform solo in 18 months.

FP

Fatequr Rahman Peyash

CO-FOUNDER · CMO · 25%

The people person. Opens the doors — landlords, committees, banks, partners — runs marketing and the field operation, and ran the 100+ homeowner interviews. His ground work plus the CEO’s vision is how this technology reached reality.

First hires · Year 1

2 engineers

Flutter + backend, ৳60k/month each.

First hires · Year 1

3 ward agents

Ground game under the CMO — how landlords aged 50+ are won.

BharaKhata Ltd. · Ventura Iconia (Level 3), Holding 37, Road 11, Block H, Banani, Dhaka 1213. Founder backgrounds as stated by the founders, 31 Aug 2026. Vesting schedule to be stated at term-sheet stage.

The ask · ৳70 lakh now

৳70 lakh≈ US$57,000 · Year 1 of a ৳5 crore (≈ US$408k) program. The balance is released only on proof.

Only 14% of the program before traction is proven. Burn ≈ ৳5.8 lakh/month.

Tranche 1 · 14%৳70 lakh · this round · angels / networksTranche 2 · 86%৳4.3 crore · ~Month 12 · gated · institutions

Tranche 2 · ৳4.3 crore · ~Month 12

Released only if ≥60% of pilot landlords complete a second invoice cycle and paid plans are live. Miss the gate — the balance is not drawn. T1 = angels; T2 = Startup Bangladesh Ltd and VCs.

Structure: milestone-tranched priced equity or convertible preference shares (what Bangladesh Angels Network uses). SAFE only via an offshore holdco.

Year-1 use of funds · ৳70,00,000

2 engineersFlutter + backend, ৳60k/mo each৳14.4L · 21%
Marketing & onboardingBangla materials, referrals, Founding 100৳12.0L · 17%
Contingency~2 months of burn৳11.0L · 16%
Field team — 3 ward agents৳9.0L · 13%
Founder stipend৳50k/mo৳6.0L · 9%
Security hardening + external pentestgates the payments layer৳5.0L · 7%
Infrastructure, SMS, KYC API৳4.8L · 7%
Office & operations৳4.8L · 7%
Legal, accounting, compliance৳3.0L · 4%

Year 2 (৳4.3 crore, coarse by design): team ৳1.8cr · marketing ৳80L · Chattogram ৳60L · payments + licensing ৳40L · infra ৳30L · legal ৳15L · contingency ৳25L.

Context BD startups raised US$41M (2024), US$124M (2025) — LightCastle · angel checks US$50–200K; Startup Bangladesh Ltd ৳2–5 crore; Anchorless US$200K–1M · ৳400 crore Fund of Funds, Aug 2026 · iDEA grant ≤৳10 lakh applied in parallel.

Security & diligence · offered, not defended

We audit ourselves, publish the findings to investors, and budget the fixes.

A verification product that hides its own security has no business selling trust. Two self-audits in 2026. No unauthenticated access path found; money paths and admin fail closed.

100%of tables behind row-level security
2audits in 2026; August found 1 critical + 7 high — fixed same day
৳5LYear-1 security line, incl. external pentest

Still open — and tracked

Credential rotation · one staged policy migration · old backend retirement · deployment latency. All funded. The external pentest gates the payments layer — no rent money moves through us until a third party has tried to break it.

Full audit reports and the open-findings register are in the data room under NDA.

Vision · the market’s question

ভাড়াখাতা আছে?

The way "bKash আছে?" became the market's question — every taka tracked, every tenant verified, every lease digital.

team@bharakhata.com bharakhata.com BharaKhata Ltd. · Banani, Dhaka

Every number here is sourced on its slide; full citations, pricing document, cap table and audit reports on request. Nothing here is a placeholder.