What EDGE Research & Consulting does

EDGE Research & Consulting Limited is a Bangladesh-headquartered, privately held independent financial research and advisory firm incorporated in July 2017 in Dhaka. It was founded as a spin-off of an internal research team being assembled for an asset management company venture, by a group of CFA charterholders whose prior experience includes Tellimer, Caravel Management LLC, and BRAC EPL Stock Brokerage. The firm is management-owned, with no disclosed external investors or parent entity, and operates with a small team led by Managing Director and CEO Asif Khan, CFA, alongside a director, head of research, and four analysts.

The firm operates three service lines. (1) Subscription Research comprises equity research, debt and banking-sector research, and macroeconomic research delivered through daily news summaries, weekly reports, monthly macro reports, and sector-specific reports; primary subscribers are global fund managers with Dhaka Stock Exchange exposure, foreign commercial banks and DFIs, and local corporates. (2) Investment Banking covers corporate valuation, commercial due diligence, equity capital raising, and transaction advisory for early-, mid-, and mature-stage companies. (3) Consulting delivers sector research, market entry analysis, development consulting (access to finance, investment products, capital markets), management and strategy consulting, and policy papers to private and public sector clients. Differentiators cited by the firm are the buy-side practitioner perspective of its analyst team, integration of top-down and bottom-up research with channel checks, and the breadth of services available to international investors seeking Bangladesh exposure. The firm also publishes 'The Daily EDGE' newsletter as a content and lead-generation channel.

EDGE Research & Consulting has collaborated with Andersen Global, an international association of independently owned member firms, positioning EDGE as the Bangladesh member and providing a referral channel to international mandates. Operational milestones disclosed include 20+ institutional research clients, 25+ advisory projects delivered, and over $100 million in client capital raised through investment banking mandates since 2017, against an average analyst experience of 7+ years. Pricing for subscription, consulting, and investment banking services is not publicly disclosed, and a free trial option is offered for subscription research. No proprietary technology platform, AI/ML capabilities, patents, regulatory actions, or external funding rounds are disclosed in the source data.

Name

EDGE Research & Consulting

Legal name

EDGE Research & Consulting Limited

Website

https://edgernc.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

EDGE Research & Consulting is a Bangladesh-based independent financial research and advisory firm providing equity, banking-sector, and macroeconomic research subscriptions, investment banking, and consulting services to global fund managers, foreign banks, DFIs, local corporates, and public-sector clients through a CFA-led buy-side practitioner team.

Ownership category

akta.pro rank

Product category

Financial Research & Advisory

NAICS

Portfolio Management and Investment Advice (523940), Management Consulting Services (54161), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Marketing Research and Public Opinion Polling (54191)

SIC

Investment Advice (6282), Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Strategy & Thematic Research (FSACAGAG)

akta.pro secondary industries

Industry & Sector Research (Syndicated/Custom) (BPAHALAE), Financial Management & Performance Improvement Consulting (BPAHACAF), Buy-Side M&A Advisory (FSAEAGAB), Strategy & Corporate Development Consulting (BPAHACAA)

Keywords

• Equity research
• Investment banking
• Commercial due diligence
• Macroeconomic research
• Financial advisory

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Subscription Research: Subscription-based research services including equity research, debt and banking sector research, and macroeconomic research. Targeted at global fund managers, foreign banks, DFIs, and local corporates. Delivered through daily news summaries, weekly reports, monthly macro reports, and sector-specific reports.
2. Consulting: Strategy and management consulting services for private and public sector projects. Includes sector research, market entry analysis, development consulting (access to finance, investment products, capital markets), and policy papers.
3. Investment Banking: Investment banking services including corporate valuation, commercial due diligence, capital raising, and transaction advisory. Services provided to early and mid-stage companies as well as mature companies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

EDGE Research & Consulting is an independent Bangladesh-focused financial research and advisory firm. It sells subscription-based equity, banking/debt, and macroeconomic research to global fund managers, foreign banks, DFIs, and local corporates. It also provides investment banking services (corporate valuation, commercial due diligence, capital raising, transaction advisory) and consulting services (sector research, development consulting, strategy consulting) to private and public sector clients.

Product overview

EDGE Research & Consulting is a buy-side research and financial advisory firm focused on Bangladesh. The company offers three core service lines: (1) Subscription Research covering Equity Research, Banking Research, and Economic Research; (2) Investment Banking including Corporate Valuation, Commercial Due Diligence, Transaction Advisory, and Equity Capital Raising; and (3) Consulting services for Sector Research, Development Consulting, and Strategy Consulting. The company also publishes a daily newsletter called 'The Daily EDGE' and shares sample publications publicly.

Differentiator

Problem solved

Functional benefit

Brands

• The Daily EDGE: Newsletter subscription providing curated summaries of business and economic news

Products and services

• Equity Research Subscription research product targeted at global fund managers with exposure to Dhaka Stock Exchange, providing analysis on listed companies and the economy to support investment decision-making.
• Banking Research Subscription research designed for foreign lenders to track developments in Bangladesh's banking sector and economy, serving foreign commercial banks and development finance institutions.
• Economic Research Subscription research providing data and insights to track real economic conditions, including interest rates, exchange rates, and economic activity levels for local corporate decision-making.
• Corporate Valuation Investment banking service providing company valuation for mature and early-stage companies, including corporate transactions and family asset splits/succession.
• Commercial Due Diligence Investment banking service assessing market size, market growth, competitive positioning, margin analysis, benchmarking, and future trend prediction for corporate transactions.
• Transaction Advisory Investment banking service bridging corporate buyers and sellers with deal targets, conducting due diligence, and negotiating valuations.
• Equity Capital Raising Investment banking service supporting early and mid-stage companies to raise equity capital, including preparation of pitching materials and pitchbooks.
• Sector Research & Market Entry Consulting service providing sector research expertise to help new entrants gauge feasibility, including sector size, growth, market share analysis, company positioning, and risks assessment.
• Development Consulting
• Management & Strategy Consulting Consulting service providing strategy consulting involving deep analytical work to identify optimal choices among available options for private and public sector projects.
• The Daily EDGE Newsletter Curated daily newsletter providing summaries of business and economic news relevant to Bangladesh markets.

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Andersen GlobalcoreStrategic or Co-development PartnerEDGE Research & Consulting is collaborating with Andersen Global in Bangladesh. Andersen Global is an international association of separately independently owned and operated member firms. This collaboration positions EDGE as a local member firm for Bangladesh, potentially expanding their reach to international clients through Andersen Global's network.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Regional players

• IDLC Securities / IDLC Finance: Leading Bangladeshi merchant bank and securities affiliate. Comparable as a Bangladesh-based provider of equity research, advisory, and investment banking services targeting institutional and corporate clients.
• EBP (Eastern Bank Securities) / EBL Securities: Bangladesh-focused brokerage and advisory arm of Eastern Bank. Provides Dhaka Stock Exchange equity research and investment banking services, directly competing with EDGE for institutional research mandates and IB deals in Bangladesh.

Direct peers

• Evalueserve: Global research, analytics, and investment research outsourcing firm. Comparable as a scalable alternative-research provider serving institutional investors — competes for outsourced research, due diligence, and bespoke advisory budgets similar to EDGE's services.
• Frontier Research (formerly Tellimer Africa research): Boutique frontier/emerging-markets independent research firm with a similar country-specialist subscription model. Closest structural analogue: a small, highly-credentialed team producing decision-useful, single-country or regional research for institutional investors.
• Acuity Knowledge Partners: Large-scale research and analytics provider serving asset managers, banks, and corporations. Comparable operating model — high-talent analyst teams delivering subscription research, due diligence, and bespoke studies — at meaningfully larger scale.
• Tellimer: Independent emerging/frontier-markets investment research firm where EDGE's founding team previously worked. Nearest direct comparable — same buy-side-practitioner research model adapted to a specific regional market (originally Africa), with subscription research plus custom advisory.

Broad incumbents

• CRISIL Research: India-headquartered research and ratings provider with growing emerging/frontier markets coverage. Operates parallel subscription research, industry studies, and due diligence products aimed at institutional clients in South Asia.
• S&P Global Market Intelligence: Global incumbent in financial research, analytics, and benchmark indices. Competes as a broad alternative to EDGE's emerging market and Bangladesh-specific equity research, with different scale and breadth but the same institutional client base.
• BRAC EPL Stock Brokerage: One of Bangladesh's largest brokerages where EDGE's founders built their careers. Operates research alongside brokerage and corporate finance in Bangladesh, making it the most directly overlapping local incumbent in equity research and IB coverage.

Emerging players

• BMI / Fitch Solutions Emerging Markets Research: Provider of country risk, political, and macroeconomic research across emerging markets including Bangladesh. Compares as a subscription research alternative for the same DFIs, banks, and corporates evaluating Bangladesh exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/edge-research-consulting-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EDGE Research & Consulting