TartanSense, an Indian agritech startup, has raised around $2.1 million from Omnivores Partners, Blume Ventures and BEENEXT. Other participants included Dileep George, Co-founder of
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Hunliji raises $70 million from Orchid Asia and others
Hunliji, a Chinese wedding services provider has bagged $70 million in Series D1 round led by Orchid Asia Group Management, an investment firm. Other
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Government plans to secure $2 billion by issuing Bonds
Power and Energy sector has been the prime focus of the government as it is the strongest tool in the development process. The government
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10% rise in Exports in February
Exports have risen over the month of February by 10.12% to $3.39 billion which is 7.13% higher than the monthly target of $3.15 billion.
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Women Lag Behind in Using Internet
According to the Global System for Mobile Communications Intelligence Consumer Survey, 86% of the men use mobile phones and 30% are connected to the
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IFC likely to invest in Advujant
International Finance Corporation, investment wing of The World Bank, is considering $20 million equity investment in Adjuvant Global Health Technologies Fund that manages healthcare
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NCC likely to issue Subordinated Bond
The Board of Directors of NCC Bank has decided to issue BDT 700 crore non-convertible bonds to raise funds to meet regulatory capital support
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IFC is considering investment in Signature Global
International Finance Corporation, investment wing of The World Bank, is likely to invest around $30 million in a real estate company of New Delhi,
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10% increase of Remittances in 8 months
The amount of remittance has increased by 10% in the 1st 8 months of the current fiscal year. $10.4 billion has been sent from
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VAT on Online Advertisement
National Board of Revenue (NBR) will deduct 15% vat on ads posted on social media platform Facebook, video sharing platform Youtube & search engine
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PlayBrain raises $1.9 million from BITKRAFT Esports
PlayBrain, a Japanese Esports event company, has secured the first even Western investment in esports in Japanese market of $1.9 million from BITKRAFT Esports
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VC Firm Octane bags $55 million from Worldbridge
Octane, a Cambodia based VC Firm, has received funds of $55 million from the country's largest logistics company, Worldbridge Group. Launched in June of
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Top Ten News from Last Week
NPL rose to BDT 939 billion
The amount of classified loans rose more than 26% by the number of BDT 196.08 billion in the last
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Indian Edtech Startup Bulbul raises $500k
Bulbul Inc., a Hydrabad and US based edtech startup, has received funds from of $500,000 in early stage investment round from Xseed Partners, digital consulting
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IFC likely to invest in A91 Partners’ Fund
According to a disclosure, Indian Bangalore based Venture capital firm A91 Partners' Fund is likely to get funds of $25 million from the investment
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Due to Lack of Initiatives, Blue Economy remains Untapped
Bangladesh has achieved around 19,467 sq. km. disputed areas in the Bay of Bengal from India in 2014. This area opens up a huge
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