Startups
Shikho raises funding worth US $900,000
Shikho has raised US $6.5 million to date, the most by any edtech startup in the country.
Bytes / BASIS SoftExpo 2023: Bringing on the SmartVerse
BASIS SoftExpo 2023, one of the largest IT events in Bangladesh, kicked off on February 23 with a wide range of activities and events that spanned four days.
Growth vs profitability: what does a startup need more?
On Day 2 of BASIS SoftExpo 2023, a lively debate session was held, with each side discussing the importance of 'growth' and 'profitability' in startups.
HOW ARE THEY DOING? / A peek inside SHEBA Platform
In 2017, Sheba Platform Limited received The Daily Star ICT Awards in the ‘ICT Startup’ category.
ShopUp secures funding of more than Tk 300cr in debt financing
ShopUp, a full-stack B2B commerce platform in Bangladesh, recently announced that it had received USD $30 million in debt funding, according to a report by Asia Tech Daily.
How easy is it to be a startup in Bangladesh?
These issues arise in the context of startups due to a disorganised policy framework across various ministries.
Spotlight / A brief recap of how local startups fared in 2022
With so many events taking place throughout 2022, we can hope that the coming year will provide more opportunities for the local startups to flourish further in the grand scheme of things.
Uber completed 150 million km in trips in 2022 in Bangladesh
According to the annual report, users of Dhaka were the busiest with most late-night trips and office-hour trips taken through Uber.
Carpooling app ZigZag Car launched in Dhaka
The Bangladeshi carpooling app, ZigZag Car, has recently been launched in Dhaka.
Meet Dorik, a Sylheti startup that can help you build a website in minutes
Dorik, a Sylhet-based startup, recently launched its white-label website-building platform and raised pre-seed funding from US-based investors.
Agritech Startup Agroshift raises $1.8M, the largest ever pre-seed funding in Bangladesh
Agroshift, a Bangladeshi agri-tech that enables businesses to source directly from farmers, has announced it has raised $1.8M in funding, making it the largest-ever pre-seed round for any Bangladeshi startup.
WeGro Technologies: A breath of fresh air for farmers and investors
WeGro is an agri-tech-based startup that links farmers and investors.
ParentsCare: A new door for elderly citizens
The senior healthcare startup ParentsCare is specifically aimed to provide elderly parents and senior citizens the help they need in their old age.
Microsoft launches Startup Foundation Hub in Bangladesh
In an effort to helping innovative and ambitious startups across the globe, Microsoft has launched its Microsoft for Startups Founders Hub in Bangladesh. The global platform provides free access to resources such as productivity and technology tools to startup founders looking to launch their projects and materialise their ideas into reality.
Zatiq’s Pocket Pay: Direct card payment for door-to-door deliveries
Zatiq's Pocket Pay device is a portable card reader that can be used by delivery merchants for home deliveries.
Palki: An affordable locally assembled Electric Vehicle on its way
In today’s world, many countries are now changing lanes and embracing electric vehicles (EVs). In the past decade, we have seen a tectonic shift in the automotive industry - we have seen brands like Tesla, Rivian and NIO take off. We have also seen conventional automakers like Volvo, GM, Nissan and Ford fast-track their EV product line. Globally, electric vehicle sales figures have soared to a record high. Countries like Norway, Germany and Netherlands have adopted electric vehicles swiftly. Even in China, the electric car market own consists of 28% now, which is a massive pie compared to just five years back.
Is Bangladesh friendly enough for startups? An analysis
Startups! You probably come across this word everywhere, whether on television, in newspapers, or on the Internet. Thanks to the power of globalisation, the air of startup culture has reached Bangladesh as well. But is the business environment in Bangladesh hospitable enough to start and push a startup towards success? Do the start-up founders and their respective teams have a good support system to help them thrive?
Uber Files: Leaked docs reveal no holds barred expansion approach
The popular ride-sharing app Uber has come under heavy scrutiny after a plethora of leaked confidential files highlighted the company's potentially illegal tactics to fuel its meteoric global expansion beginning nearly a decade ago, a joint media investigation showed recently.
To Optimizely and Beyond
The concept of start-ups is now a household term in almost all corners of every city of Bangladesh. With their can-do attitude, young entrepreneurs push the envelope by consistently honing their skills to achieve higher and aim further. But if we look back, one and half decade to be exact, the term start-up unheard of. Shafqat Islam, CEO and Co-founder of NewsCred/Welcome, achieved ‘Unicorn’ status for his company by joining the Optimizely family. A milestone reached by the first Bangladeshi start-up. ‘Unicorn’ is an industry jargon meant to designate companies that reach a valuation of $1 billion without being listed on the stock market and to be one is the dream of any tech startup.