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Insurance startup Hippo raises $150M ahead of IPO

A US based company Home insurance startup Hippo is hoping to ride the coattails of rival Lemonade with an initial public offering next year. The Palo Alto, California-based startup said Tuesday it raised $150 million, valuing the company at $1.5 billion, Bloomberg reported. Dragoneer and Ribbit Capital participated in the round, alongside

U.S. women lend support to female business start-ups in equality push

LOS ANGELES (Reuters) Members of the U.S. women’s national soccer side are using their experience as female entrepreneurs to lend their support to businesses selling everything from coffee to lingerie, as part of the team’s mission to try to level the playing field for women. A project called Stacy’s Rise will

‘ACQUIRING FUNDS STILL REMAIN A BIG STRUGGLE FOR BANGLADESHI COMPANIES’

Maliha Quadir, a Bangladeshi -American, is a technology entrepreneur. Her start up Shohoz.com has done breakthrough work in digitizing the disorganized and male-dominated transportation industry in Bangladesh. Before Shohoz.com, she was based in Singapore as Director of Vistaprint’s digital business in global emerging markets. Prior to this, she worked for

TransferWise sets to launch an investments feature

A London-based online money transfer service startup company TransferWise has obtained a license from the U.K. markets watchdog to offer retail investment services to clients. Started in 2010 as a means of sending money internationally online, TransferWise in 2018 made a deeper push into banking by offering a “borderless” multi-currency account tied to a

Societe Generale is acquiring freelancer challenger bank Shine

Société Générale is acquiring French startup Shine. Terms of the deal are undisclosed. According to a source, Shine is getting acquired for around €100 million in an all-cash deal (around $112.6 million). The startup had previously raised €10.8 million ($12.2 million) in total from Daphni, Kima Ventures, XAnge and various business angels. If

iDEA holds a training on IoT

“Digital Bangladesh”we have to establish ourselves. A training on Internet of things (IoT) was organized online by the “Innovation Design and Entrepreneurship Academy (iDEA) project” of Bangladesh Computer Council (BCC) under the ICT Division. The daylong training under the “Education for Nation” of the project started after the opening program

Frontier Technology to play important role in building Digital Bangladesh

Senior Secretary of ICT Division Mr. N M Zeaul Alam  inaugurated a daylong online training today on "Artificial Intelligence (AI)" through a video conference under the "Education for Nation" of Startup Bangladesh- “Innovation Design and Entrepreneurship Academy (iDEA)" project. The program was organized by the “Innovation Design and Entrepreneurship Academy (iDEA) project” of

Gaze gets funding from US based venture capital firm

AI startup operating in Singapore and Bangladesh Gaze has announced on Tuesday that it has raised US$830,000 in a seed round from US-based venture capital firm Anchorless Bangladesh with an existing angel investor. Gaze since its inception has been offering an application programming interface for visual recognition technologies such as face

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