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Dhaka Tribune

Turtle Venture Studio's Demo Day in Singapore showcases Bangladeshi startups

Seven startups from Turtle's first cohort including Chhaya, Inkam, Revorium, Drutoloan, Shunboi, InsureCow, and Fit 360 took the spotlight

Update : 20 Apr 2024, 07:44 PM

Turtle Venture Studio, Bangladesh's first venture studio, organized its inaugural Demo Day on April 18 in Singapore.

This marked the first time a Bangladeshi accelerator has held such an event abroad to showcase its portfolio startups.

The Demo Day at SPECTRUM Global attracted 73 attendees from 34 organizations, primarily venture capitalists and investors from South and Southeast Asia, indicating significant interest in Bangladesh's startup ecosystem.

Seven startups from Turtle's first cohort including Chhaya, Inkam, Revorium, Drutoloan, Shunboi, InsureCow, and Fit 360 took the spotlight, pitching innovative solutions across sectors like fintech, insuretech, digital distribution, healthtech, and streamtech.

The demo day also allowed the startups to present their unique value proposition to potential investors and partners.

As the pitches concluded, a networking session helped founders to further engage with attendees about potential partnerships.

"The Demo Day provided a remarkable opportunity for our cohort -1 startups to connect with potential investors, which is crucial for their growth and success. We are thrilled by the overwhelming response from the VC and Investor community and believe this is one of the first steps for Bangladesh of many more in the future," said Saraban Tahura Turin, CEO of Turtle Venture Studio.

Sami Ahmed, managing director of Startup Bangladesh, gave a keynote speech covering trends in Bangladesh's growing startup ecosystem and advice for aspiring entrepreneurs.

Md Masudur Rahman, COO of Turtle investor DIVC, also addressed the audience briefly.

Turtle Venture Studio, established as the country's first venture studio, leverages its connections within the local ecosystem to identify and nurture promising startups.

The studio has a strategic partnership with Dekko ISHO Ventnture Capital, a corporate investment wing of Dekko ISHO group, and provides a holistic support to startups to raise capital and pursue meaningful growth.

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