When the announcement of Jiji acquiring Bikroy came out last week, the coverage framed it as a global operator buying Bangladesh’s largest classified marketplace startup. While the news is accurate, that framing leaves out more important details. The fact that Bikroy was the largest classified marketplace in Bangladesh is correct, but it was not a […]
Jiji, the Lagos-headquartered classifieds marketplace, announced that it has acquired Bikroy, Bangladesh's largest online classifieds marketplace, which has been operating since 2012. The deal is Jiji's first expansion outside Africa, an important milestone in its international growth into South Asian markets, and happened thirteen months after Jiji entered Bangladesh as Bikroy's direct competitor. The acquisition […]
Thirty-nine Bangladeshi commercial banks launched Bangladesh Startup Investment Company PLC (BSIC) on May 12th in Dhaka, introducing its inaugural fund, Onkur Bangladesh Fund 1, with committed capital of Tk 425 crore — roughly $35 million. Finance Minister Amir Khosru Mahmud Chowdhury was the chief guest. Bangladesh Bank Governor Md Mostaqur Rahman attended. The launch event […]
Since 2014, Somvranto has been Bangladesh's go-to for authentic, direct-import, halal-certified dietary supplements & sports nutrition. Read their story.
Hello there, hope you are doing well in a rapidly changing and increasingly turbulent world. As usual, this is the FS Weekly Letter, where we talk about entrepreneurship, technology, business expertise, and more. You can read our previous letters here and subscribe here if someone forwarded this to you. We sent the last letter at […]
Biniyog.io is trying to connect two halves of Bangladesh's economy that have always needed each other but never had a way to meet. The man sitting across the table has a profitable business. He has customers, a track record, and an invoice from his buyer: real money, confirmed on paper, coming in within ninety days. […]
The startup versus SME debate has been going on in Bangladesh for as long as I can remember. I have heard it at events, read it in newspapers, and watched it play out on Facebook, which somehow manages to generate more heated discussions than most actual policy issues in this country. I have been meaning […]
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