The Monthly Digest: The Most Interesting Business and Tech Stories You Missed In February 2017

Here are some of the best stories we published on local companies, business and technology and strategy.

“We Want To Be The Ultimate Destination For Pure Food Products In Bangladesh: A.M.M. Habibul Mostafa of Khaas Food

Started in 2015, Khaas Food is one of the few pure food companies in Dhaka’s growing startup scene. Founded by three friends, all graduated from Dhaka University, Khaas Food started as a passion project. Today, the company is a team of 18 people, offers over 100 products, all pure and directly sourced from farmers, has collaboration with more than 20 producers/farmers and serves over 60 deliveries a day with a consistent monthly growth. Read on…

The Making Of Knock

In many parts of the world, pop culture and fandom, a part of entertainment ecosystem, is a thriving business genre. Bangladesh has also its share in this but to a very insignificant extent. Part of this insignificance can be attributed to lack of market player and lack of attention from global players to this market. But fans are here for sure and they care about what they love. Mehedi Hasan, the co-founder of Knock – a business around pop culture and fandom, saw this vacuum and thought of doing something. Read on…

An Interview With Sidrat Talukder, Co-founder, Maverick Studios and Former CEO, StrateGeek

We would use our bedrooms on a rotating basis as our makeshift office. Project wise, we would shift from one partner’s apartment to another’s. We were spending up to 20 hours a day on projects. Sometimes we would not see our own homes for five days. The whole goal was to take the company to that position within two years. All that hard work paid off at the end. By the time we graduated, we had a decent amount of money in our bank account, with which we could have an office, hire some people and pay everyone a decent salary. Small salaries but salaries nonetheless. Read on…

How RITS Ads Is Planning To Dominate Digital Advertising In Bangladesh

RITS ads, a digital ad network launched by Dhaka-based IT company Raise IT Solutions Limited, is a relatively new player in the space. Started in 2013, RITS Ads used to largely serve foreign ads to Bangladeshi audience, today the network offers services to a host of local advertisers and works with over 5000 local publishers. The network uses a third party platform and claims to be the only programmatic ad network in the country that has the capacity to prevent fraud and ensure better ROI for your advertising investment. Read on…

SureCash 101: Inside SureCash’s Plan To Become The Leading Mobile Payment Platform In Bangladesh

Started in 2010, SureCash is one of the important players in Dhaka’s fintech space. The startup raised an investment of $7.00 million in 2014 from Osiris, has a growing user base, it claims 12m people use it, and offers MFS platform to five banks for their MFS services and has a growing number of payment partners including colleges, companies and the Government. Read on…

Maya Apa Raises New Funding From BRAC, Aims To Become The On-demand Information Service In Bangladesh

Maya Apa, the Dhaka-based tech startup that pivoted from its earlier women-focused content platform to become an on-demand information service, has raised an investment of BDT 4 crore from BRAC, the number one NGO in the world, at an undisclosed valuation. The company has also added Asif Saleh, Senior Director, Strategy, Communications and Empowerment of BRAC and BRAC international to Maya board. Read on…

We Want to Turn Verification System Into a Standard for Pharmaceutical Industry and All Other Industries That Have Counterfeit Problem: Soumik Aswad of Panacea

According to a report from the Organisation for Economic Cooperation and Development published last year, the trade in phony products is a fast growing problem and now worth as much as $461 billion. OECD cites: “fake products crop up in everything from handbags and perfumes to machine parts and chemicals. Footwear is the most-copied item though trademarks are infringed even on strawberries and bananas. Counterfeiting also produces knockoffs that endanger lives – auto parts that fail, pharmaceuticals that make people sick, toys that harm children, baby formula that provides no nourishment and medical instruments that deliver false readings.” Panacea is a local tech startup tackle this challenge with their mobile and messaging platform. Read on…

Competition Grows In Dhaka’s Digital Marketing Space

An increasing number of incumbent marketing and advertising agencies are getting into digital marketing space in Bangladesh creating new challenges for small and medium digital marketing agencies. Read on…

Banglalink 101: Everything VimpelCom CEO Said About The Banglalink’s Future Plans in Bangladesh

Banglalink, country’s third largest telecom operator, has announced a host of plans for its business in Bangladesh. Jean-Yves Charlier, chief executive of VimpelCom, the parent company of Banglalink, discussed the operator’s future plans at a press meet at Sonargaon Hotel in Dhaka. Read on…

VimpelCom CEO Jean-Yves Charlier: “Telecom Industry Worldwide Is At A Crossroads”

In a press meet, yesterday in Dhaka VimpelCom CEO Jean-Yves Charlier made some profound comments about the future of telecom industry and the future plans for his company VimpelCom and Banglalink. Read on…

Symphony and Samsung continue to rule the handset market

Symphony and Samsung continue to rule the handset market in Bangladesh, in both feature phone and smartphone segments. A recent report released by Bangladesh Mobile Phone Importers Association (BMPIA) showed the data. Read on…

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