Green Delta Capital Limited and BD Venture Limited have signed an agreement on 2nd March, 2016
Green Delta Capital Limited and BD Venture Limited have signed an agreement on 2nd March, 2016

 

Green Delta Capital Limited (GDCL) and BD Venture Limited (BDVL) have signed an agreement on 2nd March, 2016 under which Green Delta Capital Limited will act as “Mandated Arranger and Book Runner” for BD Venture Limited to raise up to BDT 2,500 Million to create a “Venture Capital Fund”, first of its kind in Bangladesh as Venture Capital Fund. The fund will be investing in startups and/or early stage highly scalable enterprises especially in Information Communication Technology, Information Technology Enabled Services, Healthcare, Food Processing, Agro based and other growing sectors.

Mr. Md. Rafiqul Islam, Managing Director & CEO of Green Delta Capital Limited and Mr. Shawkat Hossain, Managing Director & CEO of BD Venture Limited have signed the agreement on behalf of their respective organizations.

Mr. Nasir A Choudhury, Adviser & Founding Managing Director; Mrs. Farzana Chowdhury ACII (UK), Managing Director and Chief Executive Officer; Mr. A.S.A Muiz, Consultant; Mr. Syed Moinuddin Ahmed, Additional Managing Director & Company Secretary from Green Delta Insurance Ltd.; and Mr. Mohammed Nasir Uddin Chowdhury Chairman of BD Venture Limited along with other Officials from both GDCL and BDVL were present in this auspicious occasion.