Dhaka, June 9 -- The government's flagship Startup Bangladesh initiative has so far invested around Tk 109 crore in 36 approved technology-driven startups, Posts, Telecommunications and ICT Minister Faqir Mahbub Anam told Parliament on Tuesday.

Responding to a starred question from ruling party lawmaker Md Ashraf Uddin (Narsingdi-5), the minister said Startup Bangladesh is currently operating under a combined funding structure that includes a proposed Tk 400 crore Fund of Funds and a Tk 300 crore Co-Investment Fund.

"The government has also taken initiatives to gradually increase the total fund size to Tk 1,000 crore in phases to expand startup financing and attract greater private and international investment," he said.

According to t...