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Eight start-ups to get Tk 8cr investment

Started by Reyed988, March 07, 2023, 03:28:34 PM

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Reyed988

March 07, 2023, 03:28:34 PM
Eight start-ups to get Tk 8cr investment



Robi's flagship digital entrepreneurship contest r-ventures 3.0 concluded on March 5 with eight start-ups being given the promise of being provided investments of over Tk 8 crore in total.

Four digital start-ups received over Tk 2 crore investment from RedDot Digital Limited, a subsidiary of Robi Axiata Ltd and sponsor of r-ventures private equity fund, Robi said in a press release.

At the same time, SBK Tech Ventures and angel investor Kaniz Almas Khan pledged to invest Tk 3.5 crore in four start-ups.

At the event, Startup Bangladesh Limited, the venture capital fund of ICT Division, also pledged an investment of Tk 2.5 crore in the start-ups.

Following a thorough screening process, 11 digital start-ups took part in the grand finale at Sheraton hotel in Dhaka.

Zunaid Ahmed Palak, the state minister for ICT, announced an investment of Tk 10 lakh from the ICT Division to all the top 11 teams of the competition.

Robi's Chief Commercial Officer Shihab Ahmad and RedDot Digital's CEO Hasib Mustabsir also attended the programme.


Source: https://www.thedailystar.net/business/economy/news/eight-start-ups-get-tk-8cr-investment-3265006
Reyed Mia (BBA & MBA in Finance)
Assistant Director
Daffodil International University
Daffodil Smart City, Ashulia, Savar, Dhaka
Cell: +88 01671041005
Email: reyed.a@daffodilvarsity.edu.bd
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