The grand final of 'The Future of Capitalism', a startup competition, took place on April 11, organised by the Institute of Business Administration (IBA). Airwork.ai, a local talent platform, won the overall competition, with agritech startups iPage Global Ltd. and Dr. Chashi emerging as the first and second runners-up respectively.

Start-ups in Bangladesh went through a tough time in 2022 owing to the uncertainty in the global economy, but gloomier days for them might not go away any time soon since the decline in global investments is set to linger.

Bangladesh’s steady embrace of digitalisation, spearheaded by a growing number of tech startups and rising software and IT service exports, has suffered a heavy blow from the imposition of new taxes this year.