SSD-TECH Valued at US$ 65 million

Aug 1, 2016

Systems Solutions & Development Technologies Limited (SSD-TECH), a leading technology company of Bangladesh has been valued at US$ 65 million (BDT 525 crore) according to a recent valuation by LankaBangla Investments, said a press release sent to Future Startup. Mind Initiatives acted as advisor to SSD-TECH during the valuation process.

The valuation report was handed over to Mahbubul Matin, President and Chairman of SSD-TECH by Khandakar Kayes Hasan, CEO of LankaBangla Investments in a simple handing over ceremony held at SSD-TECH's Corporate Office in Dhaka. Firoze M. Zahidur Rahman, Managing Director & CEO of SSD-TECH, Mohiuddin Rasti Morshed, CEO of Mind Initiatives, and other officials of the organizations were also present.

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