About PulseTech

Bringing Authentic Medicines to Bangladesh’s Mom-and-Pop Pharmacies

Bangladesh’s pharmaceutical market is a $6 billion industry serving 180 million people — flowing through 250,000 mom-and-pop pharmacies in one of the most pharmacy-dense markets in the world. Yet the supply chain connecting pharma companies to those pharmacies is broken: fragmented, informal, and increasingly compromised by counterfeits. PulseTech is rewiring it, as Bangladesh’s only licensed digital pharmaceutical distributor.

$6Bpharma market
250Kpharmacies
180Mpeople served
PulseTech MedBox and OnePharmacy logistics — last-mile pharmaceutical distribution in Bangladesh
PulseTech co-founders Kazi and Raafi
The Founders

Kazi Ashikur Rasul & Arefeen Raafi Ahmed

Our story

How PulseTech started

PulseTech began with two founders who’d seen Bangladesh’s pharmaceutical industry from the inside — Kazi from years of designing ERPs for pharmaceutical companies, and Raafi from his family’s pharmaceutical business. They knew the system. They also knew it was failing the country — that medicines weren’t reaching pharmacies on time, that counterfeits were filling the gaps, and that the pharmacy owners holding it all together had no support.

So they listened, and built. PulseTech became Bangladesh’s first licensed, tech-enabled pharmaceutical distributor — and from there, we grew naturally with our mom-and-pop pharmacies.

The number tells the story: we are growing 20% revenue month-on-month and we don’t see this pace slowing down. Today, we serve 14,000+ pharmacies and 4.2 million Bangladeshi consumers — yet that’s still less than 2% of the country’s pharmacy retail.

And we’re just getting started.

Leadership

Meet the Core Team shaping the healthcare’s future

Operators, builders, and industry veterans rewiring how medicine moves through Bangladesh.

Co-Founder

Co-founder & MD

Arefeen Raafi Ahmed

Second-generation pharma operator; leads his family's established pharmaceutical business, which completed its IPO in 2024.

LinkedIn
Portrait of Arefeen Raafi Ahmed, Co-founder & MD at PulseTech
Co-Founder

Co-founder & CEO

Kazi Ashikur Rasul

2x founder; previously developed pharma ERP solutions and exited in 2020, gaining deep insight into supply chain inefficiencies.

LinkedIn
Portrait of Kazi Ashikur Rasul, Co-founder & CEO at PulseTech

Fractional CFO

Konstantinos Dimitriou

Harvard MBA and Cambridge engineer; ex-Bain and EY. Brings deep expertise in FP&A, capital raises, M&A, and multi-entity IFRS reporting.

LinkedIn
Portrait of Konstantinos Dimitriou, Fractional CFO at PulseTech

Chief Technology Officer

Leemon Chandra

15+ years in software engineering and technical leadership, including Gemcon Group. Brings AI, architecture, and product expertise to PulseTech.

LinkedIn
Portrait of Leemon Chandra, Chief Technology Officer at PulseTech

Chief of Staff (Business Development)

Md. Aminur Rashid

6+ years across Bangladesh's leading commerce platforms - Daraz, ShopUp, Sheba.xyz. Specializes in scaling sales, and business development functions.

LinkedIn
Portrait of Md. Aminur Rashid, Chief of Staff (Business Development) at PulseTech

Head of Finance

Mohammad Nazmul Ahsan

ACCA Finalist and ex-Aleph Group Finance Manager APAC. 7+ years across fintech, FMCG, and audit at Baker Tilly.

LinkedIn
Portrait of Mohammad Nazmul Ahsan, Head of Finance at PulseTech

Head of Operations — One Pharmacy

Abdur Razzak

Ex-ShopUp Head of Sales. 10+ years building distribution and franchise networks across telecom, energy, and B2B commerce in Bangladesh.

LinkedIn
Portrait of Abdur Razzak, Head of Operations — One Pharmacy at PulseTech

Head of Supply Chain

Fahim Siddique

6+ years in supply chain across ShopUp, QNS Global, and MGH Group. Built ShopUp's distributor network and led its first export to Saudi Arabia.

LinkedIn
Portrait of Fahim Siddique, Head of Supply Chain at PulseTech

Head of Internal Audit

Mohammed Abdul Halim

Audit specialist with 8+ years across pharma and industrial groups, including UNIDO Pharmaceuticals, FnF Pharmaceuticals, and JMI Group.

LinkedIn
Portrait of Mohammed Abdul Halim, Head of Internal Audit at PulseTech

Chief of Staff (Investor Relationship)

Fabiha Iffat

Ex-ShopUp, with experience managing debt investors and portfolios. Drives fundraising and investor relations at PulseTech.

LinkedIn
Portrait of Fabiha Iffat, Chief of Staff (Investor Relationship) at PulseTech

Head of Brand

A.Z.M. Ridoan

6+ years in brand & campaign building at foodpanda BD (Delivery Hero), scaling marketing across Bangladesh’s largest on-demand platform.

LinkedIn
Portrait of A.Z.M. Ridoan, Head of Brand at PulseTech

Head of HR & Admin

Imtiaz Ush Shaheed

Ex-A K S Khan Healthcare AGM, Group HR. 12+ years scaling people functions across pharma, healthcare, and industrial groups in Bangladesh.

LinkedIn
Portrait of Imtiaz Ush Shaheed, Head of HR & Admin at PulseTech