What Felicity IDC does

Felicity IDC Limited (FIDC) is a Bangladesh-based, Tier III certified data center operator headquartered at the Kaliakair Hi-Tech Park in Gazipur, with a sales office in Dhaka's Gulshan commercial district. The company was established in 2017 and completed its flagship purpose-built, carrier-neutral facility in 2021, claiming 100,000+ sq ft, 500+ racks, and 5 MW of power — roughly ten times the capacity of the second-largest private sector data center in Bangladesh. It is a subsidiary of Fiber@Home Ltd. and operates as the central hub of Fiber@Home's national fiber backbone, hosting BDIX and connecting directly to 50+ ISPs and 3 IIGs to deliver multi-terabit bandwidth at 2-5 ms latency.

The company's product portfolio comprises six service lines: Colocation Service (rack space, power, and cross-connects with N+N redundancy, N+1 cooling, 7-layer security, and earthquake-resistant design rated to 7.5 Richter); Network as a Service (carrier-neutral interconnection and bandwidth over the 80,000+ core-km fiber footprint with 35,000+ PoPs); Cloud as a Service (private cloud on SAP-Certified Cisco HyperFlex for BFSI data residency, with planned Azure Stack HCI, AWS Outposts, and GCP integration); SOC-as-a-Service (24x7x365 managed security on Stellar Cyber and Microsoft Sentinel); Data Centre Infrastructure Consultancy; and Starlink Enterprise (authorized reseller of SpaceX hardware and government satellite connectivity). Felicity holds Uptime Tier III design and constructed facility certifications alongside PCI-DSS, SOC 2 Type II, and multiple ISO standards (9001, 14001, 27001:2022, 27017, 24762, 45001), and carries an 'A' credit rating from CRISL.

Felicity IDC generates revenue primarily through recurring colocation subscriptions, network connectivity, and managed cloud and security services to BFSI clients (banks, MFS providers), 50+ ISPs, 30+ enterprises, government bodies, and CDNs/OTTs, supplemented by Starlink hardware sales and infrastructure consultancy. Long-term lease structures up to 65 years and disaster recovery co-location contracts create high switching costs, and anchor customers include National Bank Limited (DR site relocated in April 2024). Distribution is direct enterprise field sales with a small e-commerce channel for Starlink kits, while go-to-market leans on industry roundtables, BHTPA's high-tech park benefits, and Bangladesh Bank's cloud-hosting recommendation to drive BFSI demand.

Name

Felicity IDC

Legal name

Felicity IDC Limited

Website

https://felicity.net.bd

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Data Center Colocation Services

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Enterprise Data Centers & On-Prem Facilities (Owned/Operated) (HDABACAG)

akta.pro secondary industries

Industry/Vertical Cloud Platforms (e.g., Gov/Healthcare/Financial Cloud Regions) (HDABAAAL), Cloud Connectivity & Interconnect (Cloud On-Ramps, IX, Cross-Connects) (HDAIAFAF)

Keywords

• Tier III data center
• Colocation services
• Carrier-neutral interconnection
• Managed cloud services
• Satellite internet reseller

Headquarters

HQ city

Gazipur

HQ country

Bangladesh

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Colocation Service: Purpose-built Tier III certified data center offering 100,000+ sq. ft. space, 500+ racks, and 5 MW power for enterprise-grade uptime with N+N power redundancy, N+1 cooling, and 7-layer security. Revenue from renting physical rack space, power, and cross-connects to enterprise clients including banks, MFS providers, ISPs, and enterprises.
2. Network as a Service: Operates as backbone of 80,000+ core-km fiber network with 35,000+ interconnected nodes across Bangladesh. Hosts BDIX and connects to 50+ ISPs and 3 IIGs. Revenue from bandwidth, cross-connect, and network connectivity services.
3. Cloud as a Service: Private Cloud as a Service powered by SAP-Certified Cisco HyperFlex for BFSI data residency compliance. Future expansion includes Azure Stack HCI, AWS Outposts, and Google Cloud Platform. Revenue from cloud infrastructure usage and managed services.
4. SOC as a Service: Security Operations Center as a Service with Stellar Cyber and Microsoft Sentinel. Provides 24x7x365 protection, real-time threat hunting, alert triage, investigation, compliance management, and reporting. Revenue from security monitoring subscriptions.
5. Data Centre Infrastructure Consultancy: Consulting services for data center design, planning, and optimization across power, cooling, security, network design, and capacity planning. Revenue from professional services engagements.
6. Starlink Enterprise Resale: Authorized Enterprise Solution Provider and Government Reseller of Starlink in Bangladesh. Offers Mini Kit, Standard Kit, and Flat High Performance Kit. Revenue from hardware sales and enterprise deployment/integration services.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Felicity IDC operates Bangladesh's first purpose-built, carrier-neutral Uptime Tier III certified data center at Kaliakair Hi-Tech Park, providing colocation (100,000+ sq. ft., 500+ racks, 5 MW power), network connectivity (80,000+ core-km fiber backbone hosting BDIX), private cloud on SAP-Certified Cisco HyperFlex, 24x7x365 SOC-as-a-Service via Stellar Cyber and Microsoft Sentinel, data center infrastructure consultancy, and authorized Starlink enterprise/government resale.

Product overview

Felicity IDC is a Tier III certified data center operator offering a portfolio of six interconnected services. The core offering is Colocation Service — a purpose-built, carrier-neutral facility providing physical rack space, power, and cooling for enterprise customers. Network as a Service extends connectivity through an extensive 80,000+ core-km fiber network, positioning FIDC as a carrier-neutral hub connected to BDIX, 50+ ISPs, and 3 IIGs. Cloud as a Service provides private cloud infrastructure on Cisco HyperFlex, with planned expansion to Azure Stack HCI, AWS Outposts, and GCP — specifically addressing BFSI compliance requirements. SOC as a Service delivers managed security operations using Stellar Cyber and Microsoft Sentinel. Data Centre Infra Consultancy provides advisory services for facility design and optimization. Starlink Enterprise rounds out the portfolio as an authorized reseller of SpaceX's satellite internet, offering hardware kits and enterprise connectivity across Bangladesh.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Ten times greater capacity than second-largest private sector data centre in Bangladesh
• +3 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature10 records

Partnerships

Eight partnerships are on record, tiered core.

• MTU (Rolls-Royce Power Systems)coreTechnology or IntegrationProvides Dynamic Rotary UPS and Diesel Generator systems for uninterrupted power supply at the data center.
• Stellar CybercoreTechnology or IntegrationPartner for SOC-as-a-Service providing advanced security platforms for 24x7x365 threat detection, investigation, and incident response for enterprise digital infrastructure.
• Microsoft SentinelcoreTechnology or IntegrationPartner for SOC-as-a-Service providing SIEM capabilities for compliance management, reporting, and proactive threat detection.
• Fiber@HomecoreStrategic or Co-development PartnerParent/affiliated company. Felicity IDC is the central hub of Fiber@Home's 1-million-core-kilometer cable network with 35,000+ PoPs. Both are led by Chairman Moynul Haque Siddiqui. FIDC is the data center arm of Fiber@Home's digital infrastructure ecosystem.
• Cisco (HyperFlex)coreTechnology or IntegrationSAP-Certified Cisco HyperFlex provides the hyperconverged infrastructure for FIDC's Private Cloud as a Service, supporting mission-critical SAP S/4HANA and ERP workloads.
• Starlink (SpaceX)coreChannel Partner/ Reseller/ DistributorFelicity IDC is the Authorized Enterprise Solution Provider and Government Reseller of Starlink in Bangladesh. Maintains landing ground station through partnered IIG and ITC operators.
• BDIXcoreTechnology or IntegrationFIDC hosts and connects to BDIX (Bangladesh Internet Exchange), enabling local traffic exchange and low-latency connectivity for ISPs and content providers.
• Bangladesh Hi-Tech Park Authority (BHTPA)coreStrategic or Co-development PartnerFelicity IDC is located inside Kaliakair Hi-Tech Park under BHTPA. Customers enjoy benefits offered by BHTPA including infrastructure support and regulatory facilitation.

Scale indicators15 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Bridge Data Centres: SE Asia carrier-neutral data center platform with hyperscale-grade facilities in Malaysia, Thailand, and beyond. Comparable to FIDC's purpose-built, carrier-neutral model and growing hyperscaler pipeline.
• BDx (Big Data Exchange): Carrier-neutral colocation and interconnection platform across Singapore, Hong Kong, mainland China, and Indonesia. Directly comparable to FIDC's carrier-neutral interconnection hub model and BFSI/enterprise go-to-market.
• CtrlS Datacenters: India-based Tier III/IV colocation operator with a strong BFSI and enterprise focus. Closely comparable to FIDC on customer vertical, carrier-neutral positioning, and scale-tier relative to its national market.
• Sify Technologies (Data Center Services): Indian integrated ICT player operating Tier III/IV data centers alongside network and cloud services. Comparable multi-service colocation + cloud + SOC stack and similar enterprise/BFSI customer base.
• Yotta Infrastructure: Indian hyperscale data center operator serving banks, OTTs, and government on owned Tier III/IV campuses. Comparable on BFSI-led GTM, Uptime certifications, and ambitions to attract hyperscale tenants.

Broad incumbents

• Telehouse (KDDI): Long-standing carrier-neutral data center operator under KDDI with strong APAC presence. Comparable in carrier-neutral interconnection model and emphasis on telecom/financial connectivity.
• ST Telemedia Global Data Centres: Asia-focused data center operator with facilities in Singapore, India, Thailand, the Philippines, and China. Comparable on tier-certified facility profile and carrier-neutral positioning, though with significantly broader regional footprint.
• Equinix: Global leader in carrier-neutral colocation and interconnection (IBX), with India presence via the Reliance JV. Comparable in interconnection and BFSI enterprise customers, but at materially larger scale and global reach.
• NTT GDC (Global Data Centers, India / Netmagic): Global NTT data center arm with a sizeable India footprint. Overlaps with FIDC on managed colocation and cloud services for enterprises and telcos, but operates at much larger scale and broader geographic reach.
• Digital Realty: Global hyperscale data center REIT operating PlatformDIGITAL across APAC. Comparable in tier-certified facility standards and enterprise/hyperscaler customer mix, though globally diversified versus FIDC's single-country focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/felicityidc

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Felicity IDC