The winners of BYLC Ventures Cohort 5 were announced on Thursday, October 20.
The five winning teams this year will receive a seed funding of Tk 800,000 with the opportunity of an additional Tk 1,500,000 scale-up funding.
The five winning startups are: DSWIFT Logistics Limited, Insure Cow,School360, Shafa Care Ltd., and SquareFeet Platform Limited.
Along with funding, the winning teams will gain access to a top-notch business accelerator program, in-house mentoring and networking support, legal and virtual CFO support, rigorous leadership training, as well as a co-working space in BYLC’s Mohakhali office.
BYLC Ventures launched the application process for Cohort 5, supported by IKEA Foundation and the Embassy of the Kingdom of the Netherlands, on May 19 this year and received more than 200 applications from diverse sectors across the country.
The five winning startups will be joining BYLC Ventures’ existing portfolio of 19 companies from the previous four cohorts.
DSWIFT Logistics Limited is an intra-district logistics delivery company based in Cumilla.
InsureCow is a 360° technology-powered cattle insurance and wellbeing monitoring platform.
School360 is a complete school, college, madrasah, and coaching centre managementsystem.
Shafa Care Ltd. is an AI-based cloud clinic management platform for online doctor consultation booking and e-health record management.
SquareFeet Platform Limited is a community-based digital property management platform.