Agri-tech startup Fashol secures Tk 10 Crore pre-seed investment: Fashol is a tech-enabled agri-startup that empowers farmers with direct access to markets and provides small holder retailers with last-mile delivery service.
Fashol, an agri-tech startup, yesterday announced that it has raised $1 million in pre-seed funding as it looks to build the technology to optimise the supply chain and connect farmers to the market.
Startups are doing relatively well in Bangladesh but their success rate is not quite satisfactory owing to problems from a lack of access to finance to age-old valuation process to a dearth of private equity and incubation, said speakers and industry people today.