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MSME Loan Schemes: Features & Benefits

Elvis Gomes May 19, 2019

MSME loan schemes are offered to Micro, Small and Medium Enterprises to help them sustain growth and expand the business. When a loan is availed by an MSME sector, it is called MSME loan. The loans for MSME are offered by different lenders in the market. It goes without saying that it is important for the loan lenders to verify

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Free Terrarium TV and Choice of Best Free VPNs for Android

Terrarium TV is an Android app, which can get you

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Easy UX Fixes to Boost Conversions on Your E-commerce Website

Positive user experience and conversions on your e-commerce website are

getty_758280281_2000142620009280209_375210

Celebration of Women Innovators

On March 13, 2009, UN Women, supported by Global Affairs

photo_2019-05-06_09-53-52

AKASH, Micro-insurance for Farmers

Meet Akash, who wants to work with rural agriculture by

News

pexels-photo-1308747

MSME Loan Schemes: Features & Benefits

Elvis Gomes Feature May 19, 2019

MSME loan schemes are offered to Micro, Small and Medium Enterprises to help them sustain growth and expand the business. When a loan is availed by an MSME sector, it is called MSME loan. The loans for MSME are offered by different lenders in the market. It goes without saying that it is important for the loan lenders to verify

Read More
pexels-photo-2251206

Free Terrarium TV and Choice of Best Free VPNs for Android

Elvis Gomes Feature May 19, 2019

Terrarium TV is an Android app, which can get you all the high-quality TV streaming services and HD videos from across to globe to your Android devices. Unlike the P2P streaming followed by many other such apps, Terrarium TV functions as a streaming device by its own. It has a very flexible UI and also man top features which makes

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Easy UX Fixes to Boost Conversions on Your E-commerce Website

Elvis Gomes Feature May 19, 2019

Positive user experience and conversions on your e-commerce website are more related to each other than you might think at first. Nearly all potential shoppers scroll down to the end of the page to read firsthand reviews of the products others previously bought. If the conversation thread is dead or outdated, then they might think that something is wrong with

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Celebration of Women Innovators

Elvis Gomes Feature May 13, 2019

On March 13, 2009, UN Women, supported by Global Affairs Canada, launched the Innovators against Gender-Based Violence (GBV) competition for young women innovators in Bangladesh. Its key objective is to provide them with an opportunity to unleash their potential and creativity to find ground-breaking ideas and innovative solutions to advance gender equality and women’s empowerment, with a specific focus on

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AKASH, Micro-insurance for Farmers

Elvis Gomes Feature May 13, 2019

Meet Akash, who wants to work with rural agriculture by providing micro-insurance to farmers, vulnerable to natural calamities.   Proggo Protik, CEO, Akash: https://www.linkedin.com/in/proggo-pratik-85341b108/

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Press Release for “Belt and Road Meets Digital Bangladesh” Conference, Shenzhen Stock Exchange, May 6, 2019

SD Asia Desk Feature May 13, 2019

The “Belt and Road Meets Digital Bangladesh” Conference was held at Shenzhen Stock Exchange, on May 6, 2019 at which more than 25 Bangladeshi Technology Companies had the opportunity to present to almost 100 Chinese investors and companies. Shenzhen is the technology capital of China and more than 2100 companies are listed on the Shenzhen Stock Exchange is the 8th

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Importance of Learning Robotics

SD Asia Desk Feature May 13, 2019

Do you want to become advance and creative ? Do you want to save your time ? Do you want to inspire people and want to be a role model for future generation ? Then keep reading this article you will get to know your answer soon 😊 . You know, Technology is changing the way people do things in

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Meet the the most innovative wholesome goods marketplace, Pykari.xyz

Elvis Gomes Feature May 12, 2019

Meet Pykari.xyz, a marketplace for wholesale goods. Procuring wholesale goods is a great hassle at this moment. The business is also highly centralised within a few major cities and locations. Pykari.xyz wants to change this and make wholesale products accessible to everyone. You can find, compare and contact the best wholesalers to get the best possible deals.

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bproperty.com announces its strategy following acquisition of Lamudi

SD Asia Desk Feature May 8, 2019

bproperty.com, the country’s leading real estate marketplace, which acquired Lamudi Bangladesh earlier this year, now intends to operate in Bangladesh to serve the interests of all parties in this country. From now on, users will be automatically re-directed to bproperty.com whenever they try to access Lamudi.com.bd. Now Lamudi users can get verified products from bproperty.com which have all passed through

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Get home loans at only 50% processing fee from DBH through Bproperty

SD Asia Desk Feature, Uncategorized May 8, 2019

Bproperty, the country’s leading real estate marketplace, and Delta Brac Housing Finance Corporation Ltd. (DBH) have recently signed an agreement at the Corporate Head Office of DBH in Landmark Tower, Gulshan 2 on Monday. The deal enables customers to purchase from Bproperty with financing from DBH at a discounted processing fee of 50% and a lucrative interest rate based on

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The New Way of Learning English – Search English

SD Asia Desk Feature May 5, 2019

The Search English facebook group was founded in June 2016 with the slogan “Learn English to Change Life” by Search English Limited, a Startup Company of Bangladesh founded by Razib Ahmed along with Abul Khayer, Neyamot Ullah and SM Mehdi Hasan. At present the group has more than 1.9 million users. Out of that 1 million is from out of

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The Big Comeback of Comfy Shoes – Digital Nomads’ Impact on Fashion

SD Asia Desk Feature May 5, 2019

For decades, we have been dressing up for work following a strict dress code. These sets of rules and standards for dressing usually made a big impact on the employees, often making them feel uncomfortable. Women often fell victims to the notorious dress codes. From pencil skirts and tight button-ups, shoes were often the fatal part. Many women are used

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Germany’s SEA Kitchens opens flagship showroom in Dhaka

SD Asia Desk Feature May 5, 2019

SEA, the leading German modular kitchen brand, announced its presence in Bangladesh by opening a showroom in Banani, Dhaka today with a wide range of latest designs.   A joint venture with local Coffee People Ltd, the new showroom at House-21, Road-10, Block E, Banani, Dhaka-1213 will further strengthen the presence of SEA in the Asia-Pacific region. A well-furnished kitchen

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GP Accelerator 2.0 launched in Dhaka

SD Asia Desk Feature April 29, 2019

Grameenphone Announces Call for Applications from Startups from across Bangladesh Grameenphone launches a nationwide call for applications from startups to join its program called GP Accelerator 2.0 at a press conference at the Pan Pacific Sonargaon today. Zunaid Ahmed Palak, State Minister, ICT Division, Ministry of Post, Telecommunication and Information Ministry has made the announcement at the event as the

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A new era in Alternative Investment in Bangladesh

Elvis Gomes Feature April 28, 2019

Startup Dhaka has organized Alternative Investment Forum Series I on April 27th, 2019 at Art Café, Gulshan with a view to promoting angel investing in Bangladesh. The event is first of its kind specifically geared towards raising awareness about angel investing and early stage funding landscape in Bangladesh. 39 participants and 9 speakers illuminated the event with their presence. Checkmate

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DOOgether snags seed funding

Elvis Gomes Feature April 23, 2019

DOOgether, Indonesia based fitness and classes booking startup has raised an undisclosed amount in a seed funding round led by Gobi Agung which was joined by Everhaus, Prasetia Dwidharma, and Cana Asia. The fresh capital will be used to expand DOOgether’s merchant partner network, develop its mobile app further, and hire more professionals.  

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FreshoKartz raises seed funding

Elvis Gomes Feature April 23, 2019

FreshoKartz, an e-commerce platform connecting customers with farmers, has raised an undisclosed amount of seed funding. The funding was raised from Chennai-based investor Sunil Kumar Singhvi, along with a group of angel investors and high net-worth individuals.

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Truck Lagbe gets $1 million

Elvis Gomes Feature April 23, 2019

Truck Lagbe, an online platform connecting truck owners/drivers and shippers, has snagged $1 million investment in a pre-Series A funding round. With new funds, the company plans to launch new products, onboard more truck drivers and expand its operations to several new locations. Previously, the company also raised an undisclosed amount of seed funding three months ago.

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Pakistan’s Basic Debts Are Increasing to a Point Nearing Bankruptcy

SD Asia Desk Feature April 18, 2019

Pakistan is currently trying to seek a loan for between $6 to $8 billion from the International Monetary Fund (IMF) to help pull themselves out of debt. The Finance Minister has proposed that money should also be sought in the form of a one-off tax to Pakistanis, where it’s believed that up to $12 billion could be sitting in bank accounts, which could

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Enovate Motors snags $298 million

Elvis Gomes Feature April 18, 2019

Enovate Motors, Chinese electric vehicle startup, has closed $298 million investment in Series A funding round from different public companies and government funds.  With the latest investment, Enovate has so far raised over RMB 6.5 billion ($760 million) in funding since it was founded in mid-2018. Enovate began construction on its first 5.1 billion yuan electric car factory in March 2019

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Increff bags $3 million from Binny Bansal

Elvis Gomes Feature April 18, 2019

Increff, Bengaluru-based supply chain management startup founded by former Myntra executives, has raised around $3 million in Series A funding round led by Binny Bansal, Flipkart co-founder, and 021 Capital, a venture capital firm. Founded in 2016, the startup secured seed funding of $2 million from marquee venture capital firm Sequoia Capital in 2017.

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Bangladesh Bank at risk of cyber attack

Elvis Gomes Feature April 18, 2019

Bangladesh Bank’s central server seems to be at high risk of hacker intrusion and stealing money by placing fraudulent orders as hackers have reportedly installed malware there. The intrusion is not uncommon to us as hackers have penetrated the server before and stole $101 million of Bangladesh Bank that was deposited in New York Fed account in 2016. In March, the Bangladesh

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How To Build A More Successful Career Through Education

SD Asia Desk Feature April 17, 2019

There’s no point in denying the significance of education in your future career advancements. Although there are some notable cases when people without a degree made a great success, such as Steve Jobs or Mark Zuckerberg, these are still rare exceptions. Having a solid education will open up a whole new world of opportunities that otherwise would not have been

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Kuvera gets backed by Eight Roads

Elvis Gomes Feature April 17, 2019

Kuvera, a tech-based wealth management startup, receives investment of $4..5 million from strategic fintech investment team of Eight Roads, the proprietary investment arm of Fidelity International. The company that makes venture capital investments across sectors, had set up a global team for strategic investments in the fintech space across India, China, the UK, Singapore, and Hong Kong to add strategic value to Fidelity’s

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TheLorry gets investment from Unilever

Elvis Gomes Feature April 17, 2019

TheLorry, Southeast Asian logistics startup, got investment of undisclosed amount from global giant Unilever. The startup had just secured $5.85 million in Series B funding round about a month ago. The investment will see Unilever acquire equity in the form of convertible preference shares in TheLorry.

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Collateral free loan for women entrepreneurs

Elvis Gomes Feature April 17, 2019

Recently, the idea of collateral free loan for women entrepreneurs was pushed by National Board of Revenue on grounds that the non-performing loan rate is the lowest among women. It was suggested that the idea should be taken up to Bangladesh Bank by Bangladesh Women Chamber of Commerce and Industry and some related trade bodies.

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Grab opens Accelerator Programme

Elvis Gomes Feature April 16, 2019

Grab announced on Wednesday that it has opened a batch of two accelerator programmes for startups, targeting post-seed businesses focusing on agriculture. The accelerator programme, called Grab Ventures Velocity, aims to nurture 3 to 5 post-seed Southeast Asia-based startups that could empower farmers by creating a sustainable fresh food supply chain in the ecosystem. Collected from: Dealstreetasia

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Four startups give birth to Mekari

Elvis Gomes Feature April 16, 2019

As many as four Indonesian SaaS platform-based startups Talenta, Sleekr, Jurnal, and Klikpajak consolidated their operations to form one entity called ‘Mekari’. The consolidation of these startups would help the SMEs in adopting integrated technology for their businesses. According to the Association of Indonesia Micro, Small, and Medium Enterprises data, there are at least 60 million small and medium enterprises

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Export earnings reach 1.12 billion from Canada

Elvis Gomes Feature April 16, 2019

Bangladesh exported products worth $1.118 billion to Canada and imported $498.16 million from there in fiscal year 2017-18 (FY18). Commerce Minister Tipu Munshi made the disclosure while High Commissioner of Canada to Bangladesh Benoit Prefontaine called on him at the secretariat in the city on Monday. The minister laid emphasis on forming a forum to expand trade and investment and

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BalleBaazi secures $1 million

Ashfaqul Haque Feature April 11, 2019

BalleBaazi, online cricket fantasy gaming platform, has sealed of deal of $ 1million from parent company Baazi games. BalleBaazi plans to use the funds to further expand its verticals and introduce various concepts to enhance the user experience.

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BookEventZ gets backed by Equanimity Ventures

Ashfaqul Haque Feature April 11, 2019

Venture capital firm Equanimity Ventures backs BookEventZ, online event booking platform, in Series A funding round. BookEventZ plans to increase the number of venues to 100 from 30 using the fund by October this year which will be converted to 1000 by 2021.

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Stock Market shows year low rates

Ashfaqul Haque Feature April 11, 2019

Stock market has not seen any development in the last 4 months as investors have lost confidence in the market due to rumors surrounding investors’ getting individual TIN number and liquidity crunch in the market. The benchmark index of Dhaka Stock Exchange, DSEX shows a decline of 1.07% last day. In the last four trading days, the index lost around

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Clozette raises $10 million from Cool Japan Fund

Elvis Gomes Feature April 10, 2019

Clozette, Singapore-based beauty and lifestyle media firm, has closed $10 million in Series C round led by Cool Japan Fund, a public-private fund under the Ministry of Economy, Trade and Industry of Japan. Clozette will use most of funds raised to scale its data-driven content and analytics platform and expand into new markets starting with Thailand.

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Klook raises $225 million in Series D

Elvis Gomes Feature April 10, 2019

Klook, Hong Kong based online travel startup, has bagged $225 million in extended Series D funding round led by SoftBank Vision Fund. The total amount raised in Series D now becomes $425 million. Other participants in the round included, Sequoia China, Matrix Partners, TCV and OurCrowd. The earlier $200 million fundraising was supported by Goldman Sachs, Boyu Capital.

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7.3% growth of Bangladesh projected by IMF

Elvis Gomes Feature April 10, 2019

In 2019, Bangladesh will see a growth of 7.3% according to the World Economic Outlook released on Monday, 9th April by The International Monetary Fund. The report also claims that Bangladesh will see a slower growth of GDP of 7% in 2020 and 2021. The average inflation rate is projected to go 5.4% in 2019.

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Best Practices to generate leads from Social Media

SD Asia Desk Feature April 10, 2019

In today’s technologically advanced and fast-paced world almost every business sector has turned to digitization. But mere online presence is not enough for tempting clients and businesses to buy your commodities. To stay afloat in the market while being challenged by competitors’ day in and day out, you need to implement various strategies to attract potential customers by generating leads

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A Definitive Guide On Investment Opportunities In Insurance Sector

SD Asia Desk Feature April 10, 2019

The global health and life insurance market size is predicted to grow steadily over the next few years to register an annual growth of 6.4 percent. The nominal premium amount of this industry is also predicted to grow a little higher. According to data, the premium development of life insurance was relatively stable during 2018 and will continue to remain

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Styline Turns 4 – A Weeklong Festival to Celebrate!

SD Asia Desk Feature April 10, 2019

Styline steps into its 5th year on 10th April. It comes with a cake that they will cut at 5pm, 10th April, with their customers, well-wishers, and partners; but it won’t end there. It’s a new height for them that they reach, and they want to celebrate it in an extraordinary fashion. A Weeklong Festival It’s just not a day

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Aino snags $4 million

Elvis Gomes Feature April 9, 2019

Aino Indonesia, payment solutions startup has raised a funding of $4 million from Japanese IT giant TIS Inc as it plans to advance its digital payment ecosystem in the country.

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Source Code Capital raises $570 million

Elvis Gomes Feature April 9, 2019

Founded by former Sequoia Capital China partner Yi Cao, Source Code Capital, Beijing based venture capital firm, has closed Source Code Venture IV and Source Code Growth Fund I. The total commitment brought to these funds is around $570 million. The closing of the two funds brings Source Code Capital’s total capital under management to $1.8 billion.

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