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SHUTKIZ

SHUTKIZ

Overview

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Shutkiz is revolutionizing Bangladesh’s dry fish industry by ensuring high quality, chemical-free, hygienic, and affordable dry fish products with a modern touch and global market readiness.

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Problems in the Market

  • Poor quality control and contamination

  • Use of harmful chemicals

  • Outdated processing techniques

  • Inefficient supply chain

 

Shutkiz Solutions

  • 100% chemical-free, sun-dried, and safe dry fish

  • Affordable pricing to reach the mass market

  • Available in retail stores, online, and delivery platforms

  • Modern vacuum packaging for freshness

  • International quality standards for export potential

 

Market Opportunity

  • Total Addressable Market (TAM): BDT 5,000 Cr

  • Serviceable Obtainable Market (SOM): BDT 75 Cr

  • 10 million households consuming dry fish

  • Target: Capture 1.5% market → 1.5 lakh households

 

Business Model

Revenue streams:

  • Direct retail sales

  • Online/e-commerce sales

  • Wholesale to restaurants/hotels

  • Export to international markets

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Competitive Advantages

  • Premium quality with modern hygiene practices

  • Strong branding and customer trust (10,000+ customers)

  • Ready-to-cook, odor-free packaging

  • Competitive pricing

  • Retail + Online presence

 

Unique Initiatives

  • First-ever dry fish cooking competition

  • Dry fish recipe book

  • Network of 200+ dry fish chefs

  • 350+ recipe innovations

 

Traction & Growth

  • Available in 20+ retail outlets

  • 3x annual sales growth

  • 10,000+ satisfied customers

 

Team

  • CEO: Tawhidul Islam

  • CMO: Mizanur Bhuiyan

  • CFO: Sharmeen Sultana

  • Sales Exec: Jahedul Alam

 

Future Roadmap

  • May 2025: Super shop showcasing

  • Aug 2025: Launch dry fish cloud kitchen

  • Nov 2025: Open specialized restaurant in Cox’s Bazar

  • Dec 2025: Enter global markets

 

Financial Projections (BDT in Millions)

  • 2025: 150M

  • 2026: 350M

  • 2027: 750M

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Investment Ask

  • BDT 5 Million for 15% equity

  • Fund Allocation:

    • Raw Materials – 40%

    • Infrastructure – 20%

    • Machinery – 20%

    • Marketing – 20%

Bangladesh Youth Enterprise Advice and Helpcentre (BYEAH)

Address

16/9 A, Block # F, Ring Road, Adabor, Dhaka - 1207

Email

Tel

+880176 494 0469

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