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Press Release for “Belt and Road Meets Digital Bangladesh” Conference, Shenzhen Stock Exchange, May 6, 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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GP Accelerator 2.0 launched in Dhaka

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 Chief
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Grab opens Accelerator Programme

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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Intel Capital backs Cloudpick, EEasy Tech

Intel Capital has made new investments of $117 million in 14 tech startups such as China’s Cloudpick Limited & Zhuhai EEasy Technology Co and Israel’s proteanTecs. Other startups are from US that come from communitions, healthcare and manufacturing industries. Intel Capital makes $300-$500 million investment every year in potential innovative companies around the globe.
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500 Startups raises $33 million

500 Startups, a Silicon Valley based venture capital firm has announced that 500 Falcons, Middle East and North Africa based fund of 500 Startups, has snagged around $33 million. The initial plan was to raise $30 million. However, with the last close of $17 million, it has gone beyond expectation. 500 Startups has been investing across the Middle East and North
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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 fiscal year in spite of various measure taken by Bangladesh Bank. The amount of NPL was BDT 939.11 billion on 31 December, 2018 which was BDT 743.03 billion on the same date of 2017 according to
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Top Ten News from Last Week

Country Delight raises $10 million Indian dairy startup Country Delight has raised over $10 million in a Series B round led by Matrix Partners. Read More: https://www.dealstreetasia.com/stories/indian-dairy-startup-country-delight-raises-10m-from-matrix-orios-venture-partners-120512/ Musiio Grabs $1 million Seed Fund Singapore based music startup Musiio has raised over $1 million to build a AI based playlist in seed funding round led by Wavemaker Partners, U.S. investor Exponential Creativity Ventures and other angels. Its last
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Business loan

Why Business Owners Should or Should Not Use Debt to Invest in Their Business

Most people instinctively think debt to be a bad word, however, for most startup companies it represents one of the most viable ways of financing operations and growing fast. Even very large companies tend to use the leveraging power of debt to achieve greater profitability. While banks, credit unions, and other financial institutions are typically the largest sources of debt,
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Tiger Cage Launch Event held

Tiger Cage, an entrepreneurship-themed video series from Startup Dhaka, was launched on 10th December at EMK Center, Dhanmondi. Tiger Cage is the first ever video series in Bangladesh giving startups the opportunity to pitch in front of investors who are willing to provide funding access to startups. The show aims at mitigating one of the Bangladesh startup ecosystem’s
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ICT

ICT acclamation for Tech trailblazers

The changes in technology have paved the way for production to quadruple in just a couple of years and people, especially the younger generation, have adopted ICT very fast, said Finance Minister AMA Muhith, speaking as the chief guest at the programme. This is why the government chose information and communication technology for spearheading the country's development, he told the
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travel startups

Travel startups on attention grabbing feat

The second wave of internet-era travel companies has captured the attention of venture capitalists. In the last five years, travel companies have raised more than $1 billion in venture capital funding. That includes short-term rental startups, travel and tourism apps, marketplaces for “experiences” and other travel or hospitality tech platforms. Airbnb, a $38 billion company and an anomaly in the category, has
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