Tech & Startup

Startup Bangladesh invests BDT 11.10 cr in local startups

Startup Bangladesh Limited, the government-backed venture capital firm, has invested BDT 11.10 crore over the past six months, according to a recent press release. From September 2024 to January 2025, the organisation disbursed BDT 9.025 crore across nine startups.

This funding was allocated to existing platforms such as Ten Minute School, Sheba Platform, and ShareTrip. Meanwhile, new investments targeted early-stage startups like ParentsCare, which provides healthcare services for elderly parents, and Dubotech Digital, a underwater robotics company.

Other beneficiaries include Sokrio Technologies, a distribution management system, English Champ, an edtech platform focused on children's English language learning, Area71 Venture, an Amazon SPN partner offering courses on Amazon FBA, and Booktionary, an online book selling platform, as per the press release.

Startup Bangladesh has also prioritised social and environmental impact in its investment strategy, aligning its efforts with the United Nations Sustainable Development Goals.

Startup Bangladesh is also in discussions with a development partner to establish a 'Fund of Funds'. This initiative, expected to be announced in the coming months, is focused on additional capital for the local startup ecosystem, particularly in high-impact sectors like fintech, healthcare, and education, states Startup Bangladesh.

The Chairman of Startup Bangladesh Ltd. and Secretary of the ICT Division, Shish Haider Chowdhury, said, "By strategically investing in promising startups, ensuring sustainable development of the ecosystem and advocating for enabling policies, we aim to create an environment that nurtures sustainable growth and accelerates the country's journey toward becoming a global hub for digital innovation and entrepreneurship. The establishment of a Fund of Funds will be a game-changer for our ecosystem, further enhancing the flow of capital and resources to fuel innovation across Bangladesh."

"In February, we will host the Divisional Youth Startup Summit to inspire the youth about startups, and soon, the Bangladesh Startup Summit will follow to attract international investors. These initiatives will provide startups with capital, mentorship, and global networking opportunities, enabling them to transform bold ideas into impactful solutions," said Sami Ahmed, Managing Director of Startup Bangladesh Ltd.

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Startup Bangladesh invests BDT 11.10 cr in local startups

Startup Bangladesh Limited, the government-backed venture capital firm, has invested BDT 11.10 crore over the past six months, according to a recent press release. From September 2024 to January 2025, the organisation disbursed BDT 9.025 crore across nine startups.

This funding was allocated to existing platforms such as Ten Minute School, Sheba Platform, and ShareTrip. Meanwhile, new investments targeted early-stage startups like ParentsCare, which provides healthcare services for elderly parents, and Dubotech Digital, a underwater robotics company.

Other beneficiaries include Sokrio Technologies, a distribution management system, English Champ, an edtech platform focused on children's English language learning, Area71 Venture, an Amazon SPN partner offering courses on Amazon FBA, and Booktionary, an online book selling platform, as per the press release.

Startup Bangladesh has also prioritised social and environmental impact in its investment strategy, aligning its efforts with the United Nations Sustainable Development Goals.

Startup Bangladesh is also in discussions with a development partner to establish a 'Fund of Funds'. This initiative, expected to be announced in the coming months, is focused on additional capital for the local startup ecosystem, particularly in high-impact sectors like fintech, healthcare, and education, states Startup Bangladesh.

The Chairman of Startup Bangladesh Ltd. and Secretary of the ICT Division, Shish Haider Chowdhury, said, "By strategically investing in promising startups, ensuring sustainable development of the ecosystem and advocating for enabling policies, we aim to create an environment that nurtures sustainable growth and accelerates the country's journey toward becoming a global hub for digital innovation and entrepreneurship. The establishment of a Fund of Funds will be a game-changer for our ecosystem, further enhancing the flow of capital and resources to fuel innovation across Bangladesh."

"In February, we will host the Divisional Youth Startup Summit to inspire the youth about startups, and soon, the Bangladesh Startup Summit will follow to attract international investors. These initiatives will provide startups with capital, mentorship, and global networking opportunities, enabling them to transform bold ideas into impactful solutions," said Sami Ahmed, Managing Director of Startup Bangladesh Ltd.

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