As the lockdowns began in Bangladesh for the second time two weeks ago, many feared that essential supplies from bread and butter to vegetables and bakeries would run short, causing a wave of panic buying and stocking up. Supply chain disruption is not uncommon amid the lockdown. We experienced that in 2020. Prices go up. […]
The Journey of Stripe. Founded in 2010 by John and Patrick Collison, Stripe is one of the fastest-growing fintech companies in the world. The company provides APIs which web developers can use to integrate online payment processing in their websites. The Collison brothers are prolific entrepreneurs. Before Stripe, they founded and sold Auctomatic, a company that […]
On 4th May, United Commercial Bank (UCB) announced that it plans to launch two alternative investment funds: a venture capital fund and a private equity fund of equal size BDT 3.5bn each totaling BDT 7bn, per TBS. Details: The two funds will dedicatedly provide equity investment and funding support to talented young entrepreneurs. The venture […]
Growth Hacking, a term coined by Sean Ellis, the founder, and CEO of GrowthHackers, in 2010, generally means any creative and low-cost strategy related to the growth of a business. This term is widely used relating to startups that need to grow significantly, acquiring a large number of loyal customers, with a low budget and […]
Over the last few years, I've noticed a pattern that has been slowly unfolding. Instead of purchasing goods, the sharing economy is allowing shoppers to rent, resell and exchange idle capacities. In Bangladesh, startups like SWAP and Zingo have pushed their limits and ventured into the uncharted territory of re-commerce. With over 25,000 clients served […]
Thrive Edtech, an education technology startup based in Dhaka, has raised USD 180k in its pre-seed round as it continues to work towards reshaping the education landscape in Bangladesh, per a press release sent to Future Startup. So far, Thrive has raised over USD 200K in total investment. The company says it is working towards […]
Amazon.com, founded in 1994 by Jeff Bezos, is the world’s largest ecommerce company where you can find literally anything, from necessary items to weird things like an umbrella hat or ostrich pillow. A brief history. Like many other big companies, Amazon started its journey from a garage in Seattle, Washington. Bezos started Amazon with the […]
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