12 August 2024

Proposed funds for 10 Minute School, other startups to be reconsidered: Nahid

By Redoy K

Bangladesh’s new Posts, Telecommunications, and IT Advisor Nahid Islam announces reconsideration of investments in startups, including 10 Minute School, that faced government backlash for supporting student protests. The advisor condemned the previous administration’s treatment of these companies and promised to review “controversial clauses” in the Cyber Security Act. This comes after the government’s venture capital fund withdrew a Tk 5 crore investment from 10 Minute School following its CEO’s support for quota reform protests. Daily Star