Primary wedge
SME full exits
Pharma, garments, F&B, retail, and digital businesses with verifiable TTM and clean cap tables. The seller wants out, the buyer wants an operating asset, and both want a name-protected first conversation.
Closed marketplace, by design
A Bangladesh
M&A marketplace
that earns the room.
Exit.bd is the first closed, match-driven platform for buying and selling businesses in Bangladesh. No public listings, no tyre-kickers, no leaked sale rumour. The seller controls every gate, the buyer earns every disclosure, and the integrated Hold.bd escrow rail carries the BDT at close.
- Coverage
- Bangladesh first
- South Asia expansion: IN, PK, LK, NP
- Wedge
- SME exits
- Pharma, garments, F&B, retail, digital
- Success fee
- 3 – 5%
- Tiered by deal size, ৳ 50k floor
Anonymised teaser
EXT-2026-00482
IllustrativeQ&A open
- Category
- Pharmaceutical manufacturing
- Region
- Gazipur, Bangladesh
- Asking
- ৳ 18 – 24 crore
- Revenue
- ৳ 9.4 crore TTM
- EBITDA band
- 23 – 27%
- Buyer matches
- 14 verified
Trust ladder
Gate 2 of 7
- G-01
- G-02
- G-03
- G-04
- G-05
- G-06
- G-07
Identity, name, and financials reveal only at NDA gate G-04.
NDA-bound
NDAs signed
6
Off-platform attempts blocked
3
Days on platform
11
What is Exit.bd
A closed M&A marketplace,
purpose-built for Bangladesh.
Exit.bd is operated by KaritKarma Limited from four production surfaces: the public marketing site, a buyer and seller dashboard, an admin console, and a partner portal for brokers and mediators. The platform's core conviction is that the first conversation in a business sale should be protected by anonymity, not by hope.
The wedge is the South Asian SME, where there is no Acquire.com equivalent and where Acquire.com itself cannot route BDT, cannot generate a Bangladesh-enforceable NDA, and cannot file a Form 117 with the Registrar of Joint Stock Companies. Exit.bd is the local rail. Hold.bd handles the money at the close.
Marketing
exit.bd
Anonymous teaser previews, market reports, valuator
Buyer + seller
dash.exit.bd
Match inbox, Q&A, secure chat, NDA, deal room, offers
Admin
console.exit.bd
KYC review, listing approval, dispute mediation
Broker portal
partner.exit.bd
Partner-led deals, commission ledger, referral tracking
A KaritKarma product. Identity by Wenme, authorisation by Darwan, escrow rail by Hold.bd with HMAC-verified webhooks.exit.bd · operated by KaritKarma Limited
The trust ladder
Seven gates,
each one earned.
Every Exit.bd deal moves through a fixed sequence. A buyer cannot skip a gate by paying more, and a seller cannot waive a gate to a buyer they have only met on the platform. The audit trail is the deal.
Every action is timestamped by audit middleware into an immutable log.
- G-01
Teaser
Anonymised industry, region, revenue band, and asking range. No business name, no founders, no financials.
Public to verified buyers only - G-02
Q&A
Structured question packet routed through the platform. Seller decides which buyers earn a chat.
KYC + buyer-profile gate - G-03
Secure chat
A compiled-regex safety filter detects emails, phone numbers, URLs, and social handles. Matching messages are flagged BlockedBySafetyRules and surface in the admin queue.
Seller-approved match - G-04
NDA
Per-listing NDA workflow with requested, approved, and signed status timestamps, tied to the buyer's KYC identity on the audit trail.
Signed-status gate - G-05
Deal room
Folder-based virtual data room with per-party access control. Documents carry a watermark flag and download only through presigned, access-checked URLs.
Post-NDA only - G-06
Offers
In-platform offers with counter-offer chain. Every revision is timestamped and immutable in the audit log.
Open to NDA-cleared - G-07
Escrow + close
An integrated Hold.bd escrow client creates the escrow over API, and every status event returns as an HMAC-signed webhook that Exit.bd verifies before recording it.
HMAC-verified webhooks
Where Exit.bd works
Built for the deals
Bangladesh actually does.
The country's M&A flow is full SME exits, founder secondaries, and brokered acquisitions, not VC-style exits to US acquirers. Exit.bd's primitives are designed against that ground truth.
Founder secondaries
Partial exits and acqui-hires
Tech founders running cash-flowing products who want to take chips off the table without a full exit. Buyer can be a strategic operator, a regional acquirer, or a PE house.
Brokered deals
Broker and partner network
Brokers, mediators, M&A consultancies, and corporate development teams operate from partner.exit.bd. Commission tracked on-ledger, referral attribution is automatic.
How a deal runs
From anonymised teaser
to a verified release.
Five sequential steps from listing creation to a Hold.bd escrow release. No step can be skipped, every document download is access-checked and logged, and no Bangladesh-resident transaction needs a foreign trust account.
Audit trail, immutableAPI middleware
Documents, access-checked downloadsMinIO presigned
BDT, on the Hold.bd railHMAC webhooks
- Step 01
Create a teaser
Seller drafts an anonymised teaser, defines a verified-buyer profile, and chooses which industries and geographies see the listing. Nothing publishes to a public directory.
- Step 02
Open Q&A and chat
Verified buyers raise structured questions. Seller approves matches into a regex-filtered secure chat that strips off-platform contact attempts.
- Step 03
NDA and deal room
The NDA record moves through requested, approved, and signed statuses, each timestamped against the buyer's KYC identity. Only a signed NDA opens the deal room, with folder-level access control mapped to the diligence checklist.
- Step 04
Offer chain
Offers and counter-offers flow inside the platform with full timestamping. Every revision is locked into an immutable audit log linked to the listing.
- Step 05
Close on Hold.bd
Final agreement triggers a Hold.bd escrow through the integrated API client. Status events return as HMAC-signed webhooks that Exit.bd verifies before recording the close against the deal.
Exit.bd vs the alternatives
Why Acquire.com cannot
close a Bangladesh deal.
Local classifieds were never built for confidentiality. International platforms cannot route BDT, cannot generate a Bangladesh-enforceable NDA, and cannot lodge Form 117 with RJSC. Lone brokers carry the trust but not the infrastructure. Exit.bd combines all three.
| Capability | Exit.bd | BD classifieds | Intl platforms | Lone broker |
|---|---|---|---|---|
| Match-driven, no public listing directory | ||||
| Verified-buyer KYC required before any contact | ||||
| Compiled-regex chat filter flags off-platform contact | partial | |||
| In-platform NDA workflow gating the deal room | partial | |||
| Access-controlled deal room with audit logging | partial | |||
| Integrated BDT escrow rail (Hold.bd, HMAC webhooks) | ||||
| Buyer briefs feeding a background matching engine | partial |
Scroll for full table
The plumbing
.NET 10 Clean Architecture,
four Next.js 16 apps, one rail.
The backend follows Clean Architecture with MediatR CQRS and EF Core against PostgreSQL 18. The frontend is a Turborepo of four Next.js 16 apps sharing types and a UI package, fronted by Traefik 3.6.
- Backend
- .NET 10 Clean Architecture, CQRS + MediatR 14
- Frontend
- Four Next.js 16 apps in a Turborepo monorepo
- Database
- PostgreSQL via EF Core 10, field-level AES encryption
- Identity
- Wenme OAuth 2.1, EdDSA-only JWT validation
- Authorisation
- Darwan RBAC and ABAC
- Escrow
- Hold.bd client + HMAC-verified webhooks
- Storage
- MinIO with presigned, access-checked downloads
- Jobs
- Hangfire: match recompute, digests, webhook dispatch
16
API controllers
11
CQRS feature modules
24
Domain entities
62
Frontend routes
Frequently asked
The questions every
buyer and seller asks first.
Answers are intentionally short. The signed NDA is the authoritative document for any specific deal, and a partner broker walks each transaction through the longer form.
- What is Exit.bd?
- Exit.bd is Bangladesh's first dedicated M&A marketplace, built by KaritKarma. It is a closed, match-driven platform for buying and selling businesses across the country and the wider South Asian region. There is no public listing directory: every interaction runs through KYC-gated verified buyers, an NDA gate, an access-controlled deal room, and an integrated Hold.bd escrow rail at closing.
- Why is Exit.bd closed, with no public listings?
- Open business-for-sale directories leak the fact of a sale before the seller is ready, push tyre-kickers into the seller's inbox, and create a permanent record that a company was on the block. Exit.bd inverts that. The seller publishes only an anonymised teaser, the platform matches verified buyers against the buyer profile, and the seller decides who gets a Q&A, who gets a chat, and who reaches the NDA gate.
- How does Exit.bd protect confidentiality before NDA?
- Teasers strip the business name, founder identities, and exact financials, replacing them with an industry, a region, a revenue band, and an asking range. The Q&A and chat layers run on the platform with a compiled-regex safety filter that detects emails, phone numbers, URLs, and social handles; matching messages are flagged BlockedBySafetyRules and surface in the admin queue. The NDA gate then walks a request, approve, sign workflow tied to the buyer's KYC identity before any data room access opens.
- How does the share-transfer and escrow close work?
- When the offer chain settles, the deal moves to escrow through the integrated Hold.bd client: Exit.bd creates the escrow over API and verifies every status event against an HMAC-signed webhook before recording it. Hold.bd is KaritKarma's bank-custodial escrow product, designed around Bangladesh Bank's 2023 Merchant Acquiring and Escrow guideline, and the closing checklist runs through Form 117 lodgement with the Registrar of Joint Stock Companies and share certificate handover.
- What does Exit.bd cost the seller?
- Under the published pricing policy: publishing a teaser is free, and the success fee runs 3 to 5 percent of deal value, tiered by transaction size, with a ৳ 50,000 minimum per close. Featured listings and Seller Pro analytics are optional monthly add-ons. Hold.bd's escrow fee is a separate tiered charge that runs from 2.5 percent on small deals down to under 1 percent on transactions above ৳ 5 crore.
- How is Exit.bd different from Acquire.com, Flippa, or BizBuySell?
- International platforms are built for US and EU sellers with US dollar deposits and Stripe Atlas style buyer profiles. None of them can route BDT into a Bangladesh escrow, run a Bangladesh NDA workflow, or walk a closing through Form 117 at the registrar. Exit.bd is built for the local regulatory ground truth: RJSC filings, foreign-control transfer approvals through Bangladesh Bank, and BDT closings on the integrated Hold.bd rail.
Start with a teaser
Publish without revealing,
match before you commit.
Draft the anonymised teaser, define the verified-buyer profile, and decide which gates you want before opening Q&A. You can take it down at any time before the NDA gate.
For brokers and M&A consultancies
The partner portal at partner.exit.bd handles broker-led deals, commission attribution, and white-glove buyer introductions. Commissions are tracked on the same audit ledger as the underlying deal.
- Portal
- partner.exit.bd
- Attribution
- On-ledger, automatic
Already brokering? Apply for a partner account at partner.exit.bd.