Bangladesh's Path and Possible among Asia's top 100 startups, Forbes list released

Two companies from Bangladesh have been ranked among the top 100 startup companies in the Asia-Pacific region. Ride-sharing companies can also be found on the list, which can be helpful in sending and finding jobs.

Send has been listed in the Consumer Technology category in this list made by Forbes magazine. The CEO of this startup founded in 2015 is Fahim Ahmed. Apart from ride sharing, it offers various services including food delivery, e-commerce, logistics and fintech. The company said the Pathao app has been downloaded more than 6 million times. Provided more than 7 crore journeys and errands to Bangladesh and Nepal.

Pathao last year raised $1.2 million in a pre-series B round led by VentureSook, which crossed the $50 million or $50 million mark in total funding. The latest investment will see Pathao expand fintech services, such as Pathao Pay (a digital wallet) and 'Pay Letter' (buy now, pay later).

Forbes list of startup companies in the consumer technology sector is possible. Possible is helping the people of Bangladesh to find suitable jobs according to their skills and goals. Through this platform, job seekers can create digital profiles, apply and participate in online training. Companies can use Sambhab to assess candidates, outsource the recruitment process and manage payroll.

The platform originally started by helping low-income women find jobs. In 2023, they received a grant of 300,000 dollars from the Gates Foundation. In May of this year, they raised 1 million or 1 million dollars in pre-seed funding led by Singapore-based venture capital firm Cocoon Capital.

India startups top the list
Indian startups have made the most in the Forbes list. There are 18 Indian startups in the list. Then there are 14 from Singapore and Japan. 9 of China, 8 of Indonesia and South Korea. Australia has 7.

A startup is a type of business idea, a business that solves a specific problem. Which no one has given so easily before. In today's backdrop, startups are largely technology driven. Such as apps, software or e-commerce, agri-based technology or social enterprises. Startups typically grow faster than traditional businesses.