STARTUPS
Building a cybersecurity company from scratch
Security is one of the major aspects in our life that we think about on a daily basis. In today's environment, cyber risks are just as significant as physical ones. The demand for cybersecurity, a word used to describe defence against threats related to the internet, has grown dramatically as society becomes increasingly digitally oriented.
SBK Tech Ventures invests $7.1 million in 6 Bangladeshi startups
Currently, SBK has 46 startups in their portfolio
Press Release / Interactive Cares receives $100k grant from Open Campus Accelerator
Bangladeshi edtech startup Interactive Cares has been awarded a $100,000 grant from Open Campus Accelerator, an international accelerator program focused on edtech companies.
Unrealistic valuations to sweet deals: Shark Tank Bangladesh episode 1
The much anticipated first episode of 'Shark Tank Bangladesh' saw three startups secure over 1 crore taka in investments and introduced viewers to some innovative ideas. But it also had its share of eyebrow-raising moments.
Startup Bangladesh announces BDT 1 cr. investment in Pulse Tech
Startup Bangladesh Limited, the government-backed venture capital firm under the ICT Division, has announced a strategic investment of BDT 1 crore in Pulse Tech Ltd. to enhance retail pharma operation in Bangladesh. The official announcement took place during a signing ceremony in Dhaka.
Startup investment in Bangladesh sees 70% drop in Q1 2024
The startup funding landscape in Bangladesh experienced a significant downturn in the first quarter of 2024, mirroring broader global trends.
Shark Tank Bangladesh episode 1 airs on April 26
Shark Tank Bangladesh, the Bangladeshi version of the reality show Shark Tank, is set to premiere on April 26. The show will feature entrepreneurs pitching their business ideas to a panel of investors, known as "Sharks". The investors can choose to invest in the businesses they find promising.
Byju's India CEO steps down; co-founder takes over
Byju's, the Indian ed-tech startup, has recently announced that its India CEO Arjun Mohan is officially stepping down from his position. After seven months in the CEO role, Mohan will be replaced by co-founder and CEO Byju Raveendran as the new "hands-on" leader in charge of the company's daily operations.
Sam Altman's new AI chip startup awaiting US approval: reports
Sam Altman, CEO of OpenAI, the parent company of ChatGPT, is awaiting approval from the US government for his new AI chips startup, according to a recent report by Bloomberg News. The report suggests that this emerging venture has the potential to trigger concerns related to national security and antitrust issues.
Six intl. startups working towards fashion recycling solutions
The fashion industry's significant issue of excessive waste is prompting governments worldwide, especially the EU, to set ambitious recycling goals. Here are some international startups that are working towards the ambitious goal of effective textile recycling solutions.
Shark Tank Bangladesh unveils their lineup of 'Sharks'
The internationally acclaimed business reality show 'Shark Tank' has officially announced the judges, also referred to as 'Sharks', for their first-ever Bangladeshi adaptation. The show, which has aired in over 40 countries, is being produced in Bangladesh by Sony Pictures Entertainment and Bongo BD.
Apon Bazaar raises USD 1.5 mil in investment
Apon Bazaar, a local ecommerce marketplace, has recently raised an investment of USD 1.5 million in a pre-seed round. As per Apon Bazaar, this investment came from several local and foreign investors, including Startup Bangladesh and the US-based venture capital firm Village Capital.
Shothik AI gets selected for Google for AI Startup Cloud Program
Shothik AI, a Bangladeshi AI-based startup has recently received USD 350,000 from Google for AI Startup Cloud program and USD 100,000 from Amazon.
Visa Accelerator Program's 4th edition announced
Visa has today announced the fourth edition of the Visa Accelerator Program, with an open call for applications. As per the company, the initiative aims to enable Bangladeshi startups to unlock growth potential by collaborating with Visa’s payments experts.
How Bangladeshi startups fared in 2023
In 2023, amidst a landscape of global economic instability largely influenced by geopolitical tensions, Bangladesh's startup ecosystem has showcased a notable degree of resilience and adaptability, with pivotal shifts in the realms of investment and strategic approaches within the startup sector.
CrackPlatoon launches EV charging station in Cumilla
CrackPlatoon Charging Solution Limited, a Bangladeshi EV charging startup, has recently launched an electric vehicle (EV) charging station at "MIAMI Leisure Spot" on the Dhaka-Chittagong highway in Kalakachua, Burichang, Cumilla.
ShareTrip introduces seat selection feature
ShareTrip, an online travel agency in Bangladesh, has recently introduced a seat selection feature, in which travellers can pick their preferred choice of seats.
Magna Water: What even is it?
Recently, certain locally-based 'free water' startups have been making waves on Facebook. These initiatives promise to provide free, clean drinking water to the general public by integrating ads on the plastic bottles the water would come in. But how do these initiatives work and where is this bottled water coming from? We recently caught up with one of these initiatives, ‘Magna Water’—literally meaning free water—to talk about their plans, goals, and details regarding this project.
