Bangladesh Startup Investment Company PLC has appointed Waiz Rahim as its managing director and chief executive officer.

Dhaka-based startup ProQ has launched an online procurement platform aimed at bringing more of Bangladesh’s construction and interior materials purchasing process onto a single digital system.

Venture capital-backed startups are more likely to face fraud charges than companies that did not take institutional investment, and the outsized growth expectations imposed by investors are a significant contributing factor, according to two new academic papers published in June.

Sheryl Sandberg has led a $10 million funding round into Self Inspection, a San Diego-based startup that uses AI and smartphone cameras to assess vehicle damage, in a deal that also drew strategic backing from tyre distributor US AutoForce and automotive lender Westlake Financial.

Emergent, an Indian startup building AI-powered coding tools for entrepreneurs and small businesses, has raised $130 million in a Series C funding round at a post-money valuation of $1.5 billion, becoming a unicorn just over a year after it was founded in June 2025.

Stripe and private equity firm Advent International have submitted a joint offer to acquire PayPal in a deal valued at approximately $53.4 billion, according to Reuters, with the bid backed by around $50 billion in committed bank financing. Under the proposed terms, Stripe and Advent would each hold an equal stake in the company if the acquisition proceeds.

Uber has agreed to acquire Berlin-based food delivery company Delivery Hero in an all-stock deal valued at $14.8 billion, a transaction that would nearly double the ride-hailing giant's global footprint and create one of the world's largest delivery platforms outside China.

Actor and investor Ashton Kutcher is leaving Sound Ventures, the venture capital firm he co-founded with Guy Oseary, to establish a new investment firm with venture capitalist Morgan Beller, according to a recent report by The Wall Street Journal.

Deepinder Goyal, the founder of India-based food delivery company Zomato, has raised $54 million in an initial funding round for his new wearable technology startup, Temple, at a post-money valuation of about $190 million.

Harper, an AI-based insurance brokerage startup, has raised $46.8 million in a combined Series A and seed funding round, the company recently announced.

Humand, the startup behind an AI-powered HR management app aimed at employees without desk jobs, has raised $66 million in a Series A funding round to expand in the United States, according to a recent report by Bloomberg News.

Several new startups believe the ideal device to deliver artificial intelligence's capabilities may already be in your ears: headphones and earbuds. As tech companies search for the perfect AI hardware, a growing number of enterprises are betting that this familiar wearable will become the primary gateway for AI's next wave of features.

Elon Musk's artificial intelligence startup xAI has raised $20 billion in a new funding round, exceeding its initial $15 billion target.

OpenAI has hired Denise Dresser, CEO of the messaging platform Slack, to serve as its new Chief Revenue Officer.

PulseTech, a Dhaka-based B2B health-tech platform working to eliminate counterfeit medicines from the market, has raised USD 3 million in a pre-Series A funding round co-led by Vietnam-based venture capital firm AVV and Singapore-headquartered accelerator fund Iterative.

Microsoft and Nvidia have announced a multi-billion-dollar investment in artificial intelligence company Anthropic, the maker of the Claude AI models.

Global tech company IBM has announced it will reduce its workforce this quarter, a move that could affect thousands of employees.

OpenAI has reached a $500 billion valuation after current and former employees sold approximately $6.6 billion worth of shares, according to a recent Reuters report citing a source familiar with the matter. The deal represents a significant increase from the company’s previous $300 billion valuation.

In Dhaka and Chattogram, school commutes remain a daily challenge for families, with concerns ranging from safety to long travel times. Pupil School Bus Ltd., a transport startup launched in 2023, aims to address these issues with a structured, tech-enabled solution.

The Bangladesh Investment Development Authority (Bida) yesterday announced the integration of five new services from the Directorate of Registration into its online One-Stop Service (OSS) platform, raising the total to 142 services across 47 agencies.