IMF: Bangladesh’s economy growth rate to overtake China, India

IMF: Bangladesh’s economy growth rate to overtake China, India

The country may overtake Asia’s two giant economies — India and China — in the next FY24 in economic growth, the International Monetary Fund (IMF) predicted in its latest evaluation report. Bangladesh will outgrow China in the current FY23 with its...
Bangladeshi startups raise $35.58m in Q1’23

Bangladeshi startups raise $35.58m in Q1’23

Startups in Bangladesh raised around $35.58 million from January to March of this calendar year, according to Dhaka-based research and business consulting firm LightCastle Partners. Covid-19 and the Russia-Ukraine war have exposed the fragility of economic...
Edtech startup Interactive Cares raises $220K in Pre-seed A round

Edtech startup Interactive Cares raises $220K in Pre-seed A round

Interactive Cares, an ed-tech platform based in Bangladesh, announced that it has raised $220K in a pre-seed A round from Flagship Ventures, Mohammad Maaz, US Based Blue Aura Ventures, and other strategic investors. About the investors: Flagship Ventures is a...
Startup Bangladesh invests in Markopolo Ai

Startup Bangladesh invests in Markopolo Ai

Startup Bangladesh Limited, the flagship venture capital company of the ICT Division, invested in Markopolo Ai, an advertisement automation tool powered by AI. An agreement was signed recently between the organizations in Dhaka to invest 1 crore BDT in the Pre-Series...
SAJIDA Foundation, CholPori team up to improve child education

SAJIDA Foundation, CholPori team up to improve child education

SAJIDA Foundation has closed a pre-seed funding round with CholPori Technologies Limited, a digital learning platform that provides interactive educational tools and resources to primary school students and teachers for effective learning. With the investment from...
RMG export to Japan hits $1bn-mark

RMG export to Japan hits $1bn-mark

The country’s readymade garment (RMG) exports to Japan continued to grow by more than 43% to cross the billion-dollar mark in the first nine months of the current FY23. Bangladesh exported apparel items worth $1.22 billion to Japan marking a 43.79% growth during...

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