Interactive Cares Secures $100,000 Investment from Accelerating Asia

Industry: Education, Start-Up
Company: Accelerating Asia, Interactive Cares
Company Intelligence Tag: Business Insights

Dhaka-based ed-tech startup Interactive Cares has secured a spot in the 9th cohort of Accelerating Asia’s accelerator program, receiving a $100,000 investment as part of the program with potential follow-on funding of up to $250,000.

The sole Bangladeshi startup in this cohort, Interactive Cares, plans to utilize the funds to launch an AI-powered product and expand its offerings. The company aims to introduce a new version of its Career Paths program, guaranteeing internships with foreign companies. Having previously raised $350,000 in a pre-seed round, the investment from Accelerating Asia enhances Interactive Cares’ position in Bangladesh’s ed-tech landscape.

The startup, founded in 2020, boasts over 115 courses, 300,000 registered users, and partnerships with 100 companies, focusing on enhancing employability and fostering collaboration with foreign tech firms.

Source for more details:

Related News

Bangladesh Bank Unveils Startup Fund to Accelerate Growth

April 9, 2025

Bangladesh Bank has announced a Tk 9.0 billion startup fund aimed at accelerating economic growth by providing capital to new enterprises. The fund will be distributed through commercial banks and is part of the government's initiative to foster innovation and investment in the startup sector.

Govt Unveils Bold Reforms to Boost Business and Startups

April 9, 2025

Bangladesh has unveiled a series of bold reforms and financial initiatives aimed at easing business operations and energizing the startup ecosystem. At the Bangladesh Investment Summit 2025, the central bank announced a Tk900 crore equity fund dedicated to startups, alongside an additional Tk500 crore fund combining equity and lending support.

Start-Ups Can Invest $10,000 Abroad Under BB’s New Rule

April 6, 2025

Bangladesh Bank (BB) has relaxed regulations, allowing start-ups to invest up to $10,000 abroad by establishing legal entities. This move aims to support start-ups in Bangladesh and promote innovation. Start-ups, which are in their initial stages, can now submit applications to authorized dealer (AD) banks for remittances up to $10,000 and must report the registration/incorporation of such entities within six months.

Two Bangladeshi Startups Receive BDT 10M Grants

January 8, 2025

TRANSFORM, an impact accelerator led by Unilever, the UK Government, and EY, announced grants of up to BDT 10 million each for two Bangladeshi SMEs focused on climate resilience.

Petrobangla’s Proposed Gas Price Hike Could Harm Economy

January 8, 2025

A proposed hike in gas prices by Petrobangla has sparked major concerns among industrialists in Bangladesh, fearing economic harm. Industrial leaders argue that the increase, if approved, could lead to factory closures, job losses, and reduced industrial output, harming economic growth and potentially causing social unrest.

Reduced IPOs and Higher Costs Lead to DSE’s Tk 20 Crore Loss

January 8, 2025

In FY 2023-24, the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) faced operating losses due to reduced trading, fewer IPOs, and increased costs. The DSE's core revenue of Tk 125 crore fell short of expenses, causing a Tk 20 crore loss, while the CSE incurred a Tk 10 crore loss with Tk 31 crore in core revenue.

Related News

Bangladesh Bank Unveils Startup Fund to Accelerate Growth

April 9, 2025

Bangladesh Bank has announced a Tk 9.0 billion startup fund aimed at accelerating economic growth by providing capital to new enterprises. The fund will be distributed through commercial banks and is part of the government's initiative to foster innovation and investment in the startup sector.

Govt Unveils Bold Reforms to Boost Business and Startups

April 9, 2025

Bangladesh has unveiled a series of bold reforms and financial initiatives aimed at easing business operations and energizing the startup ecosystem. At the Bangladesh Investment Summit 2025, the central bank announced a Tk900 crore equity fund dedicated to startups, alongside an additional Tk500 crore fund combining equity and lending support.

Start-Ups Can Invest $10,000 Abroad Under BB’s New Rule

April 6, 2025

Bangladesh Bank (BB) has relaxed regulations, allowing start-ups to invest up to $10,000 abroad by establishing legal entities. This move aims to support start-ups in Bangladesh and promote innovation. Start-ups, which are in their initial stages, can now submit applications to authorized dealer (AD) banks for remittances up to $10,000 and must report the registration/incorporation of such entities within six months.

Two Bangladeshi Startups Receive BDT 10M Grants

January 8, 2025

TRANSFORM, an impact accelerator led by Unilever, the UK Government, and EY, announced grants of up to BDT 10 million each for two Bangladeshi SMEs focused on climate resilience.

Petrobangla’s Proposed Gas Price Hike Could Harm Economy

January 8, 2025

A proposed hike in gas prices by Petrobangla has sparked major concerns among industrialists in Bangladesh, fearing economic harm. Industrial leaders argue that the increase, if approved, could lead to factory closures, job losses, and reduced industrial output, harming economic growth and potentially causing social unrest.

Reduced IPOs and Higher Costs Lead to DSE’s Tk 20 Crore Loss

January 8, 2025

In FY 2023-24, the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) faced operating losses due to reduced trading, fewer IPOs, and increased costs. The DSE's core revenue of Tk 125 crore fell short of expenses, causing a Tk 20 crore loss, while the CSE incurred a Tk 10 crore loss with Tk 31 crore in core revenue.

BUSINESSMONITOR

Connect with


Dont Have Account? Please register Here