Experts hope to create 5 unicorns by 2025

Dhaka Tribune

Bangladesh Securities and Exchange Commission (BSEC), Venture Capital & Private Equity Association of Bangladesh (VCPEAB) and World Social Innovation Forum (WSIF) organized a roundtable titled “Building A Vibrant Startup Ecosystem” to celebrate World Investor Week 2022.

The roundtable discussed the required improvements or changes in current regulations or provisions for ameliorating a better and stronger start-up ecosystem. Experts also discussed the vision to create five unicorns by 2025.

Bangladesh’s startup ecosystem is heating up, but still facing challenges. Currently, Bangladesh has 1,200 active startups creating drastic impacts in day-to-day Bangladeshi lives through new, innovative products and services.

The country has attracted a total investment of $505 million in 2021 and 2022 (up to quarter 2), with a total contribution of $498 million from global investors.

In the roundtable, the Commissioner of BSEC Dr Shaikh Shamsuddin Ahmed attended as a special guest. The keynote presentation was delivered by Managing Partner of Quest Venture James Tan and Chief Investment Officer of Constellation Asset Management Company, Director of VCPEAB Tanveer Ali.


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