Startups
Edtech startup Interactive Cares raises $100k funding
Interactive Cares, a Dhaka-based ed-tech startup, has $100,000 in funding from a seed round in the 9th cohort of Accelerating Asia's accelerator program.
Paperfly likely to shut down
One of the post-pandemic period’s top logistics firms, Paperfly is poised to close down having stopped accepting orders since last week, in a grim reminder of the current challenges faced by Bangladesh's e-commerce sector. .“The company has stopped taking new orders since last week. After
Bangladeshi startup MedEasy raises $750K in seed funding
MedEasy, a Dhaka-based online pharmacy startup, has successfully closed a seed funding round, raising $750,000. The investment is aimed at expanding its services and bridging the healthcare gap for Bangladesh’s 30 million chronic patients. The funding round was led by Seedstars International Ventures, Doha Tech Angels, Startup Bangladesh Limited, Accelerating Asia, and nVentures, with additional participation from various angel investors.
Local startup Zatiq receives $1.6 mil in pre-seed round
Zatiq, a local startup, has recently raised $1.6 mil in a pre-seed funding round led by Dekko ISHO Venture Capital (DIVC), as per a press release. The round was also participated by local and foreign angel investors.
Bangladeshi, Indian startups vow to strengthen collaboration
Bangladesh and India reiterated their commitment to strengthening collaboration in the startup sector, including expanding exchange programmes.
Cover Story / Unravelling the challenges behind bridging the digital healthcare gap
Despite being a relatively nascent concept in the country, digital health bears the potential to fundamentally redefine healthcare access for Bangladesh's 160 million residents, making healthcare available within the palm of their hands.
Two local startups win BDT 1 Crore of Govt's startup grant
The top 52 startups received BDT 7 crore in the 3rd iteration of the Bangabandhu Innovation Grant (BIG) 2023, organised by the Innovation Design and Entrepreneurship Academy (iDEA) Project of Bangladesh Computer Council (BCC) under the ICT Division.
Spotlight / Relaxy - the mental health platform that's here to help
Relaxy, a locally-based mental health app, aims to provide instant, affordable, and personalised mental health care all over Bangladesh.
KhelaHobe: Bringing the sports community of Bangladesh under one roof
KhelaHobe is a sports-community platform that enables you to engage in sports activities throughout your daily life.
Uber Bangladesh temporarily suspends hundreds of drivers
Uber Bangladesh recently suspended hundreds of riders on its platform temporarily.
WeScale: a cross-regional accelerator for women entrepreneurs
WeScale Accelerator Program is a cross-regional accelerator for local women entrepreneurs.
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?
