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Bangladeshi Entrepreneurs Scramble To Catch Up To Rising Real Estate Market In 2019

January 20, 2019 SD Asia Desk Leave a comment

The property market in Bangladesh may expand by up to 9% in terms of sales of the number of units, which is great news for entrepreneurs looking to infiltrate the industry while it’s on the rise. Property tech, as experts are calling it, is currently an untapped and developing industry that hungry startups can easily find
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Mukesh Ambani ready to set foot in India’s e-commerce industry

January 20, 2019 Elvis Gomes Leave a comment

Mukesh Ambani, the richest man in Asia is ready to step inside the e-commerce industry of India. With the help of Ai and a vast network of Jio (28 million), Ambani plans to grab a market share in this Duopoly market of Amazon and Flipkart. According to the India Brand Equity Foundation, a subsidiary trust of India’s department of commerce, the
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Asia Pacific Expected to Dominate in Overall Dental Hygiene Devices Market

January 13, 2019 SD Asia Desk Leave a comment

Recently released studies surrounding the dental hygiene devices market show that the Asia Pacific is slated to become the dominant region for sales and consumption of dental technology. India, due to its rapidly growing population and economic clout, is expected to be the most prominent country in this market, closely followed by China. As both countries
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How much Internet has Penetrated Bangladesh?

January 13, 2019 SD Asia Desk Leave a comment

The internet usage in Bangladesh has been increasing rapidly since the entrance of internet in Bangladesh since early 1990s. Since 2014, there has been a rapid growth in the number of internet users, which is opening new doors for the nation through a growing e-commerce sector providing freelance opportunities for the young generation of the country. According
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Motor-Bazar’s start-up journey in Bangladesh

January 13, 2019 SD Asia Desk Leave a comment

Motor-Bazar is an online car classifieds start-up in Bangladesh. Its story began with a simple study to test whether people in Bangladesh would want to buy and sell cars online. The start-up founders interviewed several car dealers and buyers and discovered a significant problem in the Bangladesh’s car market. Car buyers would typically show up to second-hand and reconditioned
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BIDA plans to launch One Stop Service

January 8, 2019 Elvis Gomes Leave a comment

Bangladesh Investment Development Authority is in discussion for launching a One Stop Service by the end of January to ease the activities of local and foreign investors. A meeting was held at BIDA office this Sunday with Prime Minister’s Principal Coordinator for SDGs Abul Kalam Azad as chief guest where BIDA Chairman Kazi M Aminul Islam chaired the meeting.
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Imagine Radio – The Bangladeshi startup with most advanced music streaming platform starts its journey

December 18, 2018 Elvis Gomes Leave a comment

Imagine Radio, an entertainment media startup rising from Bangladesh focused on music streaming started its journey today from its office located at DevoTech Technology Park, Gulshan, Dhaka. As a startup from Bangladesh, Imagine Radio is aimed at building an advanced digital entertainment ecosystem where Bangladeshi music lovers and Bangladeshi musicians will enjoy the true benefits of the new digital era initiated
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Chinese pharmacy platform Yaoshibang raises $133 million

December 18, 2018 Elvis Gomes Leave a comment

Led by Tiger Global Management, H Capital and DCM, Chinese pharmacy platform Yaoshibang has raised $133 million in Series D funding. It makes the total amount of fund raising by this platform over RMB 1 billion. Yaoshibang mobile app allows users to directly order and receive medicines from anywhere.
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Indian edtech startup Byju raised $540 million

December 18, 2018 Elvis Gomes Leave a comment

Byju becomes the 4th most valuable startup in India as it raises $540 million of a gigantic funding round led by Naspers Ltd. The edtech startup was valued at $3.6 billion. The Canada Pension Plan Investment Board and private equity firm General Atlantic also participated in the round.

“While near-term profitability is important for us, as a company our main focus
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Synthace gets $26 million funding from Horizons Ventures

December 17, 2018 Elvis Gomes Leave a comment

London-based Synthace Ltd which is a cloud-based platform that helps improve the success rate of biological research, has secured a $25.6-million Series B funding round led by Hong Kong-based Horizons Ventures, the private investment arm of investor Li Ka-shing. Its existing investors, Luminous Ventures, SOSV and others also participated in the round.
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WB provides $250 million credit to Bangladesh

December 17, 2018 Elvis Gomes Leave a comment

The World Bank has approved a credit of $250 million with an objective to support Bangladesh to develop a sustainable policy and infrastructure to counter barriers for create more and extra jobs.

"This will require the economy to create jobs for the 2.2 million youth entering the labour force each year, while attracting more women into the labour market. This programme
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ADB identifies constraints to housing finance in Bangladesh

December 17, 2018 Elvis Gomes Leave a comment

Manila based Asian Development Bank conducted a feasibility study on constraints to housing finance access to low and middle income households in Bangladesh. The report was submitted to the government of Bangladesh. It identified weak legal enforcement in mortgage market, supply-side challenges, inadequate incentives and increasing construction costs as major constraints for lower and middle class to get access to
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Marking 5 Years of Startup Dhaka Part 1

December 13, 2018 Elvis Gomes Leave a comment

It has been 5 years since the release of the first ever documentary on Bangladesh's startup scene, Startup Dhaka Part I. The stories of the local entrepreneurs were shared with rest of the world through a wonderful storytelling by Mustafizur R Khan, Samad Miraly and Fayaz Taher.

Since then, startups
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Funding in India’s deep technology breaks record

December 13, 2018 Elvis Gomes Leave a comment

Investment in deep tech of India has risen to its all time best $247.8 million so far this year where in 2017 it was only $96.8 million. The investment amount went up by 2.5 times specially in artificial intelligence (AI), machine learning and robotics based startups. Grey Orange, valued at $500 million, raised the highest amount of funding which is $140
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ADB expects Asia to grow 6% this year

December 13, 2018 Elvis Gomes Leave a comment

Manila based institution, Asian Development Bank released an update of Asian Development Outlook on Wednesday which clearly stated that Asia will grow 6% this year and 5.8% next year. According to the report, China is expected to grow 6.6% and 6.3% in 2018,2019 where India is expected to grow 7.3% and 7.6% in the same period. The reasons for growth are
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Bangladeshi Entrepreneurs Scramble To Catch Up To Rising Real Estate Market In 2019

Mukesh Ambani ready to set foot in India's e-commerce industry

Mukesh Ambani, the richest man in Asia is ready to

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