Ministry of Power, Energy and Mineral Resources, Bangladesh

What Ministry of Power, Energy and Mineral Resources, Bangladesh does

Neuro Gum (NeuroGum, Inc.) is a US-based functional wellness company founded in 2015 in Los Angeles, California by Kent Yoshimura and Ryan Chen. The company develops and sells a portfolio of nootropic supplement products in gum and mint formats—Neuro Gum (Original), Neuro Mints, Neuro Energy, Neuro Focus, Neuro Calm, and Neuro Sleep—designed to deliver caffeine (40mg), L-theanine, and B vitamins (B6, B12) through buccal mucosa absorption, which the company claims provides effects up to 5x faster than traditional digestive supplements. All products are sugar-free, Non-GMO Project Verified, and vegan-friendly, and are manufactured at FDA-registered, cGMP-compliant facilities with third-party batch testing.

The business operates a hybrid direct-to-consumer and retail distribution model. Approximately 60% of revenue is generated through brick-and-mortar retail partnerships covering 10,000+ US locations, led by CVS Pharmacy (5,500+ stores), Walmart (4,200+ stores), Target (600+ wellness sections), GNC, Whole Foods Market, and Vitamin Shoppe. The remaining revenue is sourced through a Shopify-powered DTC website (with a 16% conversion rate and a subscription model representing 25-30% of total revenue), Amazon ($2.2M+ monthly), and TikTok Shop ($3.5M+ monthly average sales). Target customer segments are students, remote and hybrid workers, athletes, and professionals seeking portable cognitive enhancement, with emerging Fortune 500 B2B corporate wellness partnerships.

The company scaled largely on its own balance sheet after a $20,571 Indiegogo crowdfunding launch and a confirmed $8.3M seed round in 2015, achieving profitability without significant later-stage venture capital. A 2019 appearance on ABC's Shark Tank Season 11—where the founders rejected all equity offers to retain 100% ownership—generated a 400% website traffic surge and 65% reduction in customer acquisition costs. As of 2026, Neuro Gum has sold 50M+ units, expanded internationally into Canada, the United Kingdom, and Australia, and carries an estimated brand valuation of $80M-$150M with EBITDA margins estimated at 25-35%, well above the CPG industry average of 15-20%.

Name

Ministry of Power, Energy and Mineral Resources, Bangladesh

Legal name

NeuroGum, Inc.

Website

https://mpemr.gov.bd

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Neuro Gum (NeuroGum, Inc.) is a US functional wellness company founded in 2015 that sells nootropic gum and mints delivering caffeine, L-theanine, and B vitamins via buccal absorption. It distributes through DTC, Amazon, TikTok Shop, and 10,000+ US retail locations to students, professionals, athletes, and remote workers.

Ownership category

akta.pro rank

Product category

Government Energy Administration

NAICS

Utilities (22), Utilities (221), Administration of Conservation Programs (92412)

SIC

Electric, Gas & Sanitary Services (4900), Electric Services (4911)

akta.pro industry

PRIMARYBPAIAOAJ

Energy, Utilities & Natural Resources Regulators

Business & Public Services/Public Sector & Government Administration/Regulatory Agencies & Licensing (Cross-sector)

SECONDARYBPAIAMAJ

Minerals, Mining & Geologic Resources Administration

Business & Public Services/Public Sector & Government Administration/Environmental Protection & Natural Resources Administration

SECONDARYBPAIABAL

State/Provincial Environmental Protection & Natural Resources Administration

Business & Public Services/Public Sector & Government Administration/State/Provincial & Regional Government Administration

SECONDARYEUAMAAAG

Development Management & Owner’s Engineering (Design Basis, Yield, Technical Due Diligence)

Energy, Utilities & Environment/Renewable Energy (Solar, Wind, Hydro & Geothermal)/Renewable Project Development & IPP (Greenfield, Permitting, Financing)

Keywords

• Electricity policy management
• Energy sector regulation
• Power infrastructure governance
• Mineral resources oversight
• Fuel supply policy

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Revenue model

1. Direct-to-Consumer (DTC) E-commerce: Online sales through official website with 16% conversion rate (industry average 2-3%), Shopify-powered storefront, and subscription model accounting for 25-30% of total revenue providing predictable recurring cash flow.
2. Retail Distribution: Brick-and-mortar retail partnerships generating approximately 60% of total revenue. Products sold through CVS (5,500+ locations), Walmart (4,200+ locations), Target (600+ wellness sections), GNC, Whole Foods Market, and Vitamin Shoppe nationwide.
3. Marketplace Sales: E-commerce marketplace presence including Amazon ($2.2M+ monthly revenue) and TikTok Shop ($3.5M+ monthly average sales) for social commerce.
4. B2B Corporate Wellness: Emerging Fortune 500 employee wellness program partnerships representing an untapped high-margin channel.

Go-to-market motion1 record

Distribution channels9 records

Marketing channels8 records

Core offering

The Ministry of Power, Energy and Mineral Resources is the Government of Bangladesh ministry responsible for formulating and implementing national policies on electricity, fuel, and mineral resources. It manages electricity policy and fuel policy, oversees power generation, transmission, and distribution, and governs the exploration and development of mineral resources in the country. It does not produce or sell commercial products; its core offering is policy direction, regulatory oversight, and sector governance.

Product overview

Neuro Gum is a functional wellness company offering a portfolio of nootropic supplement products in gum and mint formats. The core product line consists of Neuro Gum (Original) delivering caffeine and L-theanine for energy and focus, along with specialized variants including Neuro Mints (discreet mint format), Neuro Energy (high-intensity performance), Neuro Focus (deep concentration), Neuro Calm (stress relief), and Neuro Sleep (sleep support). All products feature sugar-free, Non-GMO Project Verified, and vegan-friendly formulations with active ingredients designed to absorb through buccal mucosa for faster effect onset compared to traditional supplements.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 400% website traffic surge within 48 hours of Shark Tank airing
• +8 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Nine partnerships are on record, tiered core and secondary.

• CVS PharmacycoreChannel Partner/ Reseller/ Distributor · 1 January 2022Major retail partnership providing health and wellness distribution across 5,500+ CVS Pharmacy locations in the United States. Retail partnership generating approximately 60% of total company revenue.
• WalmartcoreChannel Partner/ Reseller/ Distributor · 1 January 2022Mass retail distribution partnership across 4,200+ Walmart locations providing wide consumer reach in the United States.
• TargetcoreChannel Partner/ Reseller/ DistributorPremium retail partnership with 600+ Target wellness sections providing access to health-conscious consumers.
• GNCsecondaryChannel Partner/ Reseller/ DistributorSupplement specialty retailer with national distribution presence in the health and wellness category.
• Whole Foods MarketsecondaryChannel Partner/ Reseller/ DistributorPremium organic grocery retailer with select locations providing access to natural and organic product consumers.
• Vitamin ShoppesecondaryChannel Partner/ Reseller/ DistributorHealth and wellness specialty retailer with national distribution focused on supplement consumers.
• AmazoncoreChannel Partner/ Reseller/ DistributorE-commerce marketplace partnership generating $2.2M+ monthly revenue for Neuro Gum products.
• TikTok ShopcoreChannel Partner/ Reseller/ DistributorSocial commerce partnership driving $3.5M+ monthly average sales. Early adopter of TikTok Shop for direct-to-consumer social commerce.
• FDA-registered manufacturing facilitiescoreTechnology or IntegrationPartnership with FDA-registered manufacturing facilities that comply with cGMP (Current Good Manufacturing Practices) standards - the same regulatory framework governing pharmaceutical production in the United States. Third-party testing on every production batch verifies potency and purity of active ingredients.

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Federal Energy Regulatory Commission (FERC), United States: U.S. independent federal regulator for interstate electricity, natural gas, and hydropower. Benchmarked globally for wholesale-power market design, transmission planning, and tariff setting — capabilities the Bangladesh Ministry is structurally trying to develop.
• U.S. Department of Energy: U.S. federal cabinet department overseeing energy policy, R&D, and nuclear security. Compares as a mature, well-resourced energy-policy bureaucracy at a different scale.
• Ministry of Petroleum and Energy (Norway): Norway's national energy ministry with responsibility for petroleum, renewables, and water resources. Comparable on petro-state-to-renewable-transition policy design, though at vastly different scale and economic context.

Direct peers

• Ministry of Energy (Power Division), Government of Pakistan: Pakistan's federal power division within the Ministry of Energy; oversees electricity policy, generation, and IPP framework. Directly comparable given similar South Asian capacity-mix, circular-debt, and IPP-led reform challenges.
• Bangladesh Energy Regulatory Commission (BERC): Statutory regulator under the broader government apparatus that sets tariffs and licenses power and energy entities in Bangladesh. Closely tied to Ministry policy on electricity and fuel pricing, with overlapping jurisdictional influence.
• Ministry of Power, Government of India: India's federal ministry responsible for power policy and electricity generation/transmission oversight. Closest functional counterpart with an almost identical mandate across power and energy policy, and the most direct benchmark for cross-border power trade and regional grid integration policy.

Others

• International Energy Agency (IEA): Intergovernmental energy policy and data organization. Comparable as the international reference body that the Ministry benchmarks national energy statistics, demand forecasts, and clean-energy transition plans against.
• Power Grid Company of Bangladesh (PGCB): State-owned transmission system operator under the Ministry's policy umbrella. Effective operational counterpart for the Ministry's grid-expansion and high-voltage transmission policies.

Regional players

• Ministry of Energy, Water Resources and Irrigation (Nepal): Nepal's line ministry with comparable electricity and energy policy responsibilities. South Asian regional counterpart with similar hydroelectric-led mix and cross-border power trade dynamics.
• Ministry of Power and Energy (Sri Lanka): Sri Lanka's national ministry handling power and energy policy. Neighboring regional peer with similar small-grid, fuel-import, and tariff-reform challenges.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights4 records

Customer concentration

• Xx.com/MoPEMR
• Facebookfacebook.com/MPEMR
• LinkedInlinkedin.com/company/ministry-of-power-energy-and-mineral-resources-bangladesh

Revenue estimate

Valuation estimate

Number of profiles

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 →

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