Monday, 20 March, 2023

Robi’s r-ventures 3.0 ends with an investment of Tk 8cr

  • Staff Correspondent
  • 7 March, 2023 12:00 AM
  • Print news

Robi’s flagship digital entrepreneurship platform, r-ventures 3.0 has been concluded with the holding of the finale programme at the capital’s Sheraton Hotel on Sunday.
Following a thorough screening process, a total of 11 digital start-ups took part in the Grand Finale. 4 digital start-ups received more than 2 crore taka worth investment from RedDot Digital Limited, a subsidiary IT company of Robi Axiata Ltd and sponsor of r-ventures private equity fund, said a press release.
SBK Tech Ventures and Angel Investor, Kaniz Almas Khan have also pledged to invest 3 and a half crore taka in 4 start-ups beside RedDot Digital Ltd.
Startup Bangladesh Limited, the Venture Capital Fund of ICT Division also pledged to invest a total of two and a half crores taka to the start-ups.
ICT State Minister Zunaid Ahmed Palak handed over the investment cheque to the entrepreneurs.
Robi's Chief Commercial Officer, Shihab Ahmad, Reddot Digital’s CEO, Hasib Mustabsir,  r-venture 3.0 officials, investors and media personnel were also present on the occasion.
Robi, SBK Tech Ventures and Startup Bangladesh Limited agreed to invest one crore 50 lakhs taka to Digi Dokaan Limited from ecommerce and retail; SBK Tech Ventures, Robi and Kaniz Almas Khan 1 Crore 25 Lakh in HishabPlus from Fintech; 2 crore from SBK Tech Ventures and Robi in Jomma and SBK Tech Ventures and Kaniz Almas Khan have announced an investment of. Uqeel got investment of 1 crore taka in from Legal Tech sector.
In addition, Robi has announced an investment of 25 lakhs taka to Drishti from Assistive Technology. Startup Bangladesh declared to invest 50 lakhs taka each and 1 crore taka respectively to ANTT Robotics from Software & Technology sector, YOUR-Campus from Consumer Services and Fabric Lagbe Ltd from Garments Tech.