Economic Reporter :
The securities regulator has decided to issue registration to the IDLC Venture Capital Fund, an alternative investment fund.
The decision came at a meeting of the Bangladesh Securities and Exchange Commission (BSEC) held at the office on Thursday.
As per the BSEC decision, the size of the IDLC Venture Capital Fund will be Tk 450 million and its tenure will be seven years.
The fund will invest mainly in areas such as fintech, entertainment and lifestyle, enterprise solutions, travel and logistics, core technologies, education tech, food-tech and agri-tech and internet devices.
The securities regulator has decided to issue registration to the IDLC Venture Capital Fund, an alternative investment fund.
The decision came at a meeting of the Bangladesh Securities and Exchange Commission (BSEC) held at the office on Thursday.
As per the BSEC decision, the size of the IDLC Venture Capital Fund will be Tk 450 million and its tenure will be seven years.
The fund will invest mainly in areas such as fintech, entertainment and lifestyle, enterprise solutions, travel and logistics, core technologies, education tech, food-tech and agri-tech and internet devices.
