STARTUPS
Press Release / REVE Chat to participate in international AI summit
REVE Chat, a Bangladeshi-Singaporean venture, is going to showcase its AI-powered customer engagement platform at the upcoming Conversational AI & Customer Experience Summit 2024. The event will be held in Bangalore, India, on April 18 and 19.
Meet the app and browser extension made for halal internet experience
In an effort to combat cyber miscreants and ensure a safe and halal internet experience, a Turkish startup named Halalz has launched a new app and browser extension named Kahf Guard. This initiative aims to shield users, particularly Muslims, from exposure to inappropriate and morally objectionable online contents such as pornography, gambling, harassment etc.
End of the road: Ghost Autonomy, with OpenAI support, shuts down
Ghost Autonomy, a startup focused on developing autonomous driving software for automotive partners, has ceased operations, according to a company announcement.
Sam Altman no longer in control of OpenAI's startup fund
OpenAI, the parent company of ChatGPT, has recently restructured its venture capital fund, effectively removing Sam Altman, the company's CEO, from ownership and control of the OpenAI Startup Fund. According to the company, this move aims to enhance transparency and address concerns regarding the fund's governance.
Australian company founded by Bangladeshi exceeds $1B valuation
Deputy, an Australian software company specialising in workforce management co-founded by Ashik Ahmed, a Bangladeshi immigrant, has recently reached a valuation of over US$1 billion, making it the first Australian tech ‘unicorn’ in two years.
Meet the software that wants to fix Dhaka traffic
Sigmind.ai, a Bangladesh-based AI company, has recently launched TrafficFlow, a software solution for real-time traffic management in urban environments. According to the startup, this AI-based software aims to address the bustling traffic challenges of Dhaka city.
Mukesh Ambani's 5 tips for successful entrepreneurs
In a rare glimpse into the mind of one of India's most successful entrepreneurs and the current richest man in Asia, Mukesh Ambani, the Chairman of Reliance Group, shared insights regarding entrepreneurship success during the NASSCOM conference in 2017. While the event is now about seven years old, Ambani's lessons are evergreen, as he offered valuable advice to budding entrepreneurs that will remain relevant for years to come. Here are the five key takeaways from his tips that can serve as a guiding light for those charting the entrepreneurial path.
Press Release / WPDeveloper unveils parent company Startise
WPDeveloper, a WordPress based product company, has recently unveiled its parent company Startise in a "Grand Surprise Event" at Capital’s Radisson Blu hotel. In addition to WPDeveloper, Startise now oversees a portfolio of five companies, including Templately, xCloud, easy.jobs, and Storeware.
Sam Altman's new AI chip startup awaiting US approval: reports
Sam Altman, CEO of OpenAI, the parent company of ChatGPT, is awaiting approval from the US government for his new AI chips startup, according to a recent report by Bloomberg News. The report suggests that this emerging venture has the potential to trigger concerns related to national security and antitrust issues.
Six intl. startups working towards fashion recycling solutions
The fashion industry's significant issue of excessive waste is prompting governments worldwide, especially the EU, to set ambitious recycling goals. Here are some international startups that are working towards the ambitious goal of effective textile recycling solutions.
Shark Tank Bangladesh unveils their lineup of 'Sharks'
The internationally acclaimed business reality show 'Shark Tank' has officially announced the judges, also referred to as 'Sharks', for their first-ever Bangladeshi adaptation. The show, which has aired in over 40 countries, is being produced in Bangladesh by Sony Pictures Entertainment and Bongo BD.
Apon Bazaar raises USD 1.5 mil in investment
Apon Bazaar, a local ecommerce marketplace, has recently raised an investment of USD 1.5 million in a pre-seed round. As per Apon Bazaar, this investment came from several local and foreign investors, including Startup Bangladesh and the US-based venture capital firm Village Capital.
Shothik AI gets selected for Google for AI Startup Cloud Program
Shothik AI, a Bangladeshi AI-based startup has recently received USD 350,000 from Google for AI Startup Cloud program and USD 100,000 from Amazon.
Visa Accelerator Program's 4th edition announced
Visa has today announced the fourth edition of the Visa Accelerator Program, with an open call for applications. As per the company, the initiative aims to enable Bangladeshi startups to unlock growth potential by collaborating with Visa’s payments experts.
How Bangladeshi startups fared in 2023
In 2023, amidst a landscape of global economic instability largely influenced by geopolitical tensions, Bangladesh's startup ecosystem has showcased a notable degree of resilience and adaptability, with pivotal shifts in the realms of investment and strategic approaches within the startup sector.
CrackPlatoon launches EV charging station in Cumilla
CrackPlatoon Charging Solution Limited, a Bangladeshi EV charging startup, has recently launched an electric vehicle (EV) charging station at "MIAMI Leisure Spot" on the Dhaka-Chittagong highway in Kalakachua, Burichang, Cumilla.
ShareTrip introduces seat selection feature
ShareTrip, an online travel agency in Bangladesh, has recently introduced a seat selection feature, in which travellers can pick their preferred choice of seats.
Magna Water: What even is it?
Recently, certain locally-based 'free water' startups have been making waves on Facebook. These initiatives promise to provide free, clean drinking water to the general public by integrating ads on the plastic bottles the water would come in. But how do these initiatives work and where is this bottled water coming from? We recently caught up with one of these initiatives, ‘Magna Water’—literally meaning free water—to talk about their plans, goals, and details regarding this project.
