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12 tech startups want to raise funds from public
Twelve technology-based startups are interested to enter the stock market in order to raise funds.
The companies are: Sheba.xyz, Chaldal, Zantrik, Landknock, Hellotask, Bondstein Technologies, Brain Station 23, eCourier, Khaas Food, Divine IT, AnnaNovas IT, and CMED Health.
The companies already met with the stock market regulator last week to discuss the matter.
"We spoke with the startups to boost their confidence and show that we are eager to allow them faster listing on the sme board," said Rezaul Karim, spokesperson of the Bangladesh Securities and Exchange Commission (BSEC).
The small-cap board, called the DSE SME, was rolled out on April 30 of 2019 with a view to helping small and medium enterprises raise funds from the market. Companies of this size were previously shut out from the process due to their lower turnover.

Related Keywords

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