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Bangladesh was second after India among the five South Asian countries assessed in the index
Bangladesh climbed up 27 notches to rank 76th in the world in digital well-being thanks to the country's performance in internet affordability security and quality according to the Digital Quality of Life (DQL) Index 2022.
Netherlands-based cybersecurity company Surfshark released the fourth annual edition of the index on 12 September based on their study on the quality of digital wellbeing across 117 countries of the world.
The index evaluated the countries on five fundamental pillars – internet affordability internet quality electronic infrastructure electronic security and electronic government.
Bangladesh has significantly improved in four of the five indicators this year except for the electronic government pillar where its position was unchanged.
The company now has a team consisting of more than 650 IT experts and already executed more than 2000 national and international projects while prescribing to flexible and unconventional work policies.
In developed economies employee stock ownership or employee share ownership is a common practice where high-performing employees can acquire a share of the company.
Brain Station 23 a software development company began implementing this practice in Bangladesh since its inception in 2006.
Brain Station 23 is essentially structured and modeled around consultancy firms. In consultancy firms employees who excel at their responsibilities are most likely to get partnership opportunities. The COO CFO and CTO of Brain Station 23 had started their careers from the bottom wrung and now hold shares in the company.
Logistics-tech company Paperfly today confirmed another Tk 102 crore investment from the leading Indian tech-based e-commerce logistics solutions provider, Ecom Express.
The Indian company also invested TK 100 crore into Paperfly last year, taking its total investment in local start-up to Tk 202 crore.
Founded in 2016 by Shahriar Hasan, Razibul Islam, Rahath Ahmed, and Shamsuddin Ahmed, Paperfly is the first homegrown tech-enabled logistics company in Bangladesh to offer nationwide coverage, said a press release of Paperfly.
With the investment, the company looks to digitize the courier sector of Bangladesh, according to an official of Paperfly.
Shikho offers academic courses for the Bangladeshi national curriculum secondary school certificate higher secondary school certificate and competitive university entrance exams. Its platform provides on-demand video lessons live classes with tutors data analytics to track performance and progress and more.
Nearly 350000 users across 64 districts of Bangladesh are using Shikho’s mobile platform which launched in November 2020. Paid subscribers currently spend an average of 68 minutes on the app daily according to the company.
The country received more than $750 million in local and foreign investment in the startup sector over the last decade State Minister for Information and Communication Technology Zunaid Ahmed Palak said.
Mentioning that the country currently accommodates over 22500 startups he added that the government was financially supporting the businesses through its initiatives – Startup Bangladesh Limited and Bangabandhu Innovation Grant.
The state minister disclosed these while virtually addressing a program at the ICT Tower in the capital on Wednesday.
Startup Bangladesh the flagship venture capital fund of the ICT ministry organized the event to sign agreements to provide Tk17 crore in investment aid to 8 startups in the second phase under its campaign "Shotoborshe Shoto Asha".