Team Group
Team Group is a privately held Bangladeshi conglomerate operating 12-13 business units across ready-made garments, pharmaceuticals, retail (Twelve Clothing), IT services, and real estate, employing 20,000+ people and serving global apparel brands and Bangladesh consumers.
- Company typePrivate
- Founded2009
- HeadquartersDhaka, Bangladesh
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Team Group does
Team Group is a privately held Bangladeshi conglomerate founded in 2009 and headquartered in Dhaka, operating across six industries — ready-made garments (RMG), pharmaceuticals, retail, IT services, real estate, and security solutions — through 12 to 13 wholly owned business units and a workforce exceeding 20,000 employees. Its core operations are anchored by Team Manufacturing Company Ltd., which provides garment sourcing, design, merchandising, product development, quality control, and compliance services to global apparel brands from five manufacturing facilities, including LEED Platinum-certified 4A Yarn Dyeing Ltd. and LEED Gold-certified Brothers Fashion Ltd. Beyond apparel, the group manufactures 89+ pharmaceutical products via Team Pharmaceuticals Ltd., distributes medical devices through Pharma IMEX Ltd., operates 30 retail locations plus e-commerce channels under the Twelve Clothing brand, delivers IT services through Intellier Ltd., and develops eco-friendly real estate via Team Developers Ltd.
Under the vision of late founder Abdullah Hil Rakib and current Managing Director Afroza Shahin, the group has expanded its geographic footprint to include commercial operations in the UK, Germany, Spain, Italy, Turkey, and Australia alongside its Bangladesh base. Core manufacturing technology emphasizes sustainability and energy efficiency: boiler economizer systems that recover up to 50% of generated steam, solar panel installations, and condensate recovery systems reduce per-unit production costs, while in-house testing facilities and CAD-driven fitting rooms support quality assurance for global buyers. The business model combines B2B enterprise sourcing (RMG contracts with international apparel brands), B2C retail (Twelve Clothing stores and online), pharmaceutical manufacturing and distribution, and IT services — with revenue not publicly disclosed and ownership remaining within the founding family sphere with no disclosed institutional or private-equity investors.
Revenue mechanics are quote-based for enterprise garment sourcing, unit-based for pharmaceutical products, transactional for retail sales, and project-based for IT services and real estate development. Customer concentration is moderate, with B2B enterprise apparel clients (world-leading brands, names not disclosed) balanced against a distributed Bangladesh consumer base via Twelve Clothing, healthcare providers served by Team Pharmaceuticals, and technology clients served by Intellier.
Team Group firmographics
Firmographics- Name
- Team Group
- Legal name
- Team Group
- Website
- https://teambd.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Team Group is a privately held Bangladeshi conglomerate operating 12-13 business units across ready-made garments, pharmaceuticals, retail (Twelve Clothing), IT services, and real estate, employing 20,000+ people and serving global apparel brands and Bangladesh consumers.
- Ownership category
- akta.pro rank
Team Group industry classification
Industry- Product category
- Apparel Manufacturing and Sourcing
- NAICS
- Cut and Sew Apparel Manufacturing (except Contractors) (31525), Apparel Manufacturing (315), Cut and Sew Apparel Contractors (31521)
- SIC
- Wholesale-Apparel, Piece Goods & Notions (5130), Apparel & Other Finishd Prods Of Fabrics & Similar Matl (2300), Knit Outerwear Mills (2253)
- akta.pro primary industry
- Apparel Sourcing, Buying Houses & Trading Companies (CRAAAAAN)
- akta.pro secondary industry
- Textiles, Fabrics, Trims & Components Suppliers (CRAAAAAL)
Keywords
Where Team Group is headquartered
LocationHeadquarters
- HQ city
- Dhaka
- HQ country
- Bangladesh
- HQ region
- Asia
Offices3 records
Markets served
Team Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- RMG Manufacturing and Sourcing: Garment manufacturing and sourcing services for global brands including access to own manufacturing facilities or partner factories, design teams, merchandising, product development, quality control, on-time shipment, and compliance services
- Pharmaceutical Products: Manufacturing and marketing of pharmaceutical products - Team Pharmaceuticals produces and markets 89+ products
- Retail Clothing Sales: Twelve Clothing Ltd. operates 30 retail locations throughout Bangladesh plus e-commerce and Facebook store, selling high quality and affordable clothing
- IT Services: Intellier provides technology services including applications, products using multiple software technologies and hardware products
- Real Estate Development: Team Developers focuses on eco-friendly architectural designs and high-quality construction
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Team Group product offering
Product offeringCore offering
Team Group is a Bangladeshi conglomerate that primarily manufactures and sources ready-made garments (RMG) for global fashion brands, operating 5 RMG factories including LEED-certified facilities. Beyond its core apparel manufacturing business, the group produces and markets 89+ pharmaceutical products through Team Pharmaceuticals and Pharma IMEX, sells affordable clothing to Bangladesh consumers via 30 Twelve Clothing retail stores plus e-commerce, delivers IT services and software/hardware solutions through Intellier, and develops eco-friendly real estate through Team Developers.
Product overview
Team Group is a diversified conglomerate in Bangladesh operating across multiple industries including RMG (Ready-Made Garments), Retail, Pharmaceuticals, IT, and Real Estate. The company operates through its various business units: Team Manufacturing Company Ltd. serves as the primary garment sourcing and manufacturing entity; Twelve Clothing Ltd. is the retail brand; Team Pharmaceuticals Ltd. and Pharma IMEX Ltd. handle pharmaceutical manufacturing and sourcing; Intellier Ltd. provides IT services; and Team Developers Ltd. handles real estate development. The group also operates several manufacturing facilities including 4A Yarn Dyeing Ltd. (LEED Platinum certified), Brothers Fashion Ltd. (LEED Gold certified), Mars Stitch Ltd., and Team Accessories Ltd.
Differentiator
Problem solved
Functional benefit
Brands
- Twelve Clothing: Retail brand by Team Group dedicated to providing high quality and affordable clothing for everyone. Founded on 12th December 2012, operating in 30 locations throughout Bangladesh with e-commerce and Facebook store presence.
- Team Pharmaceuticals
- Pharma IMEX
- Team Manufacturing Company Ltd.
Products and services
- Team Manufacturing Company Ltd. — Garment Sourcing and Manufacturing Services End-to-end garment sourcing and manufacturing services for global fashion brands, providing access to manufacturing facilities or partner factories, design teams, merchandising, product development, quality control, on-time shipment, and compliance services. Serves enterprise apparel brands seeking flexible order handling regardless of size.
- Team Pharmaceuticals Ltd. — Pharmaceutical Products Manufactures and markets 89+ quality and innovative pharmaceutical products using state-of-the-art facilities, focused on prevention and cure of diseases while maintaining high ethical standards. Targeted at patients, pharmacies, and healthcare providers in Bangladesh.
- Twelve Clothing Ltd. — Retail Apparel Brand Retail apparel brand dedicated to providing high quality and affordable clothing for Bangladesh consumers. Operates 30 retail locations throughout Bangladesh plus an e-commerce store and Facebook store.
- Pharma IMEX Ltd. — Pharmaceutical Import/Export and Sourcing Pharmaceutical sourcing and import/export company, a concern of Team Group, that has introduced products such as the Glucometer Brand GE GM550 in Bangladesh for blood sugar level testing.
- Intellier Ltd. — IT Services and Technology Solutions Technology services company focused on delivering applications and products using multiple software technologies and hardware products. Serves clients needing IT solutions within and beyond Team Group's ecosystem.
- Team Developers Ltd. — Real Estate Development Real estate development company focused on producing eco-friendly architectural designs and high-quality, safe construction with priority on employee welfare. Targets buyers and tenants in Bangladesh seeking sustainable built environments.
- Team Accessories Ltd. — Accessories Manufacturing Accessories manufacturing unit producing apparel accessories as part of Team Group's backward integration into the RMG value chain.
Quantifiable outcome
- 50% steam savings with Boiler Economizer installation
- +2 more outcomes
Companies that use Team Group
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Team Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Team Group partnerships and signals
Strategic signalScale indicators9 records
Recent moves14 records
Expansion highlights5 records
Team Group competitors and assessment
Company assessmentBroad incumbents
- KPR Mill Limited: Vertically integrated Indian textile and apparel manufacturer with yarn, fabric, garments and retail operations. Comparable vertically integrated apparel value chain and brand-supplier scale.
- MAS Holdings: Sri Lankan apparel and textile manufacturer operating at significantly larger scale with global factory footprint serving major brands. Comparable B2B apparel sourcing model though at materially bigger international scale.
- Hirdaramani Group: Sri Lanka-origin apparel manufacturer with global operations producing for international fashion brands. Comparable multi-country garment sourcing and manufacturing capability though operating at broader scale.
Direct peers
- Pacific Jeans Ltd. Bangladesh-based garment manufacturer specializing in denim and knit products for global brands. Comparable RMG cut-and-sew manufacturing scope serving international apparel buyers.
- Square Textiles Limited: Bangladesh-based textile mill producing yarn, fabric and garments as part of the broader Square Group conglomerate. Comparable Bangladesh RMG and textile manufacturing operations with similar scale.
- Beximco Limited: Largest Bangladeshi conglomerate with vertically integrated apparel/textiles, pharma, IT and real estate divisions. Most directly comparable peer given the similar diversified-Bangladesh-conglomerate structure and RMG-plus-pharma mix.
- Epyllion Group: Bangladesh vertically integrated knit and woven apparel manufacturer with own factories, accessories and retail brands. Closely comparable RMG manufacturing profile and vertical integration approach.
- Ha-Meem Group: One of Bangladesh's largest apparel exporters producing for global brands across multiple factories. Comparable as a Bangladeshi garment sourcing and manufacturing peer of similar scale.
- Gokaldas Exports: India-based apparel manufacturer producing for global fashion brands with large factory footprint. Comparable as an emerging-market B2B apparel sourcing and manufacturing competitor serving the same brands.
- DBL Group: Bangladesh-based apparel and textile manufacturer with multiple factories producing for global brands. Comparable to Team Group's RMG manufacturing and sourcing operations at similar Bangladesh scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Team Group social profiles
Digital presenceTeam Group compliance and trust
Trust signalCompliance3 records
Team Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Team Group leadership team
Management profileNumber of profiles
Profiles1 record
Team Group subsidiaries and ownership
Company hierarchySubsidiaries10 records
Team Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Team Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Team Group
What does Team Group do?
Team Group is a Bangladeshi conglomerate that primarily manufactures and sources ready-made garments (RMG) for global fashion brands, operating 5 RMG factories including LEED-certified facilities. Beyond its core apparel manufacturing business, the group produces and markets 89+ pharmaceutical products through Team Pharmaceuticals and Pharma IMEX, sells affordable clothing to Bangladesh consumers via 30 Twelve Clothing retail stores plus e-commerce, delivers IT services and software/hardware solutions through Intellier, and develops eco-friendly real estate through Team Developers.
Is Team Group a public or private company?
Team Group is a private company. It is classified as family owned and is currently operating.
When was Team Group founded?
Team Group was founded in 2009. It employs 5,001 to 10,000 people.
Where is Team Group based?
Team Group is headquartered in Dhaka, Bangladesh, in the Asia region.
How does Team Group make money?
Five revenue lines are on record. RMG Manufacturing and Sourcing is the primary driver. The others are pharmaceutical Products, retail Clothing Sales, IT Services and real Estate Development.
Who are Team Group's main competitors?
Broad incumbents on record are KPR Mill Limited, MAS Holdings and Hirdaramani Group. Direct peers are Pacific Jeans Ltd., Square Textiles Limited, Beximco Limited, Epyllion Group, Ha-Meem Group, Gokaldas Exports and DBL Group.
Does Team Group have an API?
No public API is recorded for Team Group.
What industry is Team Group in?
Team Group's product category is Apparel Manufacturing and Sourcing. Its primary akta.pro industry code is CRAAAAAN, Apparel Sourcing, Buying Houses & Trading Companies, with a secondary code of CRAAAAAL, Textiles, Fabrics, Trims & Components Suppliers. Its NAICS code is 31525 and its SIC code is 5130.