STARTUPS
Pathao co-founder Elius’ new startup raises USD 3.8 mln
Wind.app, a fintech startup founded by Hussain Elius, former CEO and co-founder of the Bangladeshi ride-sharing platform Pathao, has recently received USD 3.8 million in pre-seed funding.
Bangladeshi startup Drutoloan raises USD 125k in pre-seed round
Druto Fintech Limited, a Bangladeshi fintech startup, has recently secured USD 1,25,000 in a pre-seed funding round. The investment comes from both local and foreign backers such as Ridwan Hafiz, CEO of GoZayaan, and Razy Shah, co-founder of Singapore's 2Stallions Digital Marketing Agency, as well as other investors.
Orange Corners Bangladesh hosts investor meet
Orange Corners, an initiative of the Ministry of Foreign Affairs of the Netherlands, has recently hosted its first-ever Investors Meet, jointly organised by the Embassy of the Netherlands in Bangladesh and SAJIDA Foundation.
Cybersecurity company EIC selected for Stanford seed program
Enterprise Infosec Consultants (EIC), a Bangladeshi cybersecurity service provider, has been selected to participate in the Stanford Seed Transformation Program. According to a press release, the program is recognised for its curriculum and insights sourced from the Stanford Graduate School of Business.
ShareTrip launches ST Pay; gets new round of investment
ShareTrip, an online travel agency in Bangladesh, has launched a new financial service called ST Pay (ShareTrip Pay). A new round of investment in ShareTrip from Startup Bangladesh was also announced alongside the new feature.
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.
Startup Bangladesh to invest Tk 100cr in 46 startups
Startup Bangladesh Limited, a government-backed venture capital firm, is set to inject Tk 100 crore into 46 selected startups, aiming to strengthen the country's startup ecosystem. Since its establishment in 2020, the company has actively approved investments totaling Tk 73.50 crore across 28 companies, dispersing Tk 64 crore. These investments span critical sectors such as healthtech, agritech, edtech, logistics, fintech, e-commerce, and renewable energy.
Registration now open for Shark Tank Bangladesh Season 1
The internationally acclaimed business reality show, Shark Tank, has officially opened the doors to its Bangladeshi adaptation, inviting enterprising individuals from across the nation to participate in its first season.
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.
Bangladesh Startup Summit Day 2: Jaan Tallinn, Skype Co-Founder, on Artificial Intelligence
In a riveting fireside chat during the second day of the Bangladesh Startup Summit, attendees were treated to an exclusive virtual conversation with Jaan Tallinn, the co-founder of Skype and a thought leader in the field of artificial intelligence (AI).
Bangladesh ripe ground for startup investments, discuss panellists
On the second day of the Bangladesh Startup Summit, a panel of distinguished experts convened to discuss the question, "Why Invest in Bangladesh?" The session aimed to highlight the country's appeal as an investment destination and explore the various opportunities it offers.
First Bangladesh Startup Summit begins today
The first-ever two-day Bangladesh Startup Summit 2023 began today, under the theme 'Smart Bangladesh, Endless Possibilities'. Over 100 global venture capital investors, 100 international-level speakers, and 600 startups are attending the Bangladesh Startup Summit 2023, with sessions covering topics such as edutech, healthtech, fintech, software services, and startup investment.
JoBike, Bangladesh’s first bicycle rental service, set to return
The popularity of bicycles has grown manifold in the last decade among Bangladeshi youth, and so has the need for a bike-rental service, such as JoBike - which is set to return soon. Let's take a look at Bangladesh's first bicycle rental service, why they closed down, and how they plan to relaunch.
Shark Tank India investors funded only 27 startups; they promised 65
In a recent analysis by market intelligence firm PrivateCircle, it has been revealed that the investors on "Shark Tank India" failed to fulfill a significant portion of their investment promises made during the show's inaugural season. The report highlights concerns over the show's credibility and raises questions about the efficacy of the investors' commitments.
5 books every startup founder should read
We present five indispensable books that every startup founder should read. These literary gems offer profound wisdom, practical advice, and valuable perspectives from seasoned entrepreneurs, business leaders, and thought-provoking thinkers.
How to raise funds for your startup: A guide
From crafting a compelling business plan to attracting investors, this article serves as your roadmap to financial success.
Skoot and Walton to jointly produce Made-in Bangladesh e-bikes
As per the MoU, the two companies will jointly manufacture environment-friendly electric bikes in the country to improve the riding experience for local customers. The partnership also plans to improve the e-bike industry in Bangladesh through the introduction of technologically advanced products.
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.
