Parking Koi receives Seedstars Dhaka

Parking Koi, an online parking sharing platform, has won the Bangladesh round of Seedstars World, a seed-stage startup competition for emerging markets and fast-growing startup scenes.

Parking Koi will represent Bangladesh at the Seedstars Summit in Switzerland in April 2019 to compete for up to US$1 million in equity investment and other prizes.

Zantrik, an automotive system which enables vehicle owners to get reliable service, and also builds platform and business for service providers, grabbed the second spot.

Banglameds, a platform providing a collection of medicines and express-delivers them in two to three hours in all over Dhaka city, came third at the event.

In addition, iFarmer, a startup connecting farmers looking for funding to grow their farms with investors looking to invest in livestock and agriculture, took home the ‘Social Impact Award’, granted by the Embassy of Switzerland in Bangladesh.

The event took place on September 8 at GP house, where eight selected startups presented their companies in front of the local jury panel.

Parking Koi has unlocked the hidden parking space in Dhaka by connecting parking seekers to parking owners. The company will be participating at the Seedstars Summit in Switzerland in April — a week-long training programme, with the opportunity to meet the 65-plus winners from other fast growing economies, as well as investors and mentors from around the world.

The final day of the summit is dedicated to pitching in front of an audience of more than 1,000 attendees, with the possibility of winning up to US$1 million in equity investment and other prizes.

The eight startups pitched in front of a prestigious jury, including Tina Jabeen, Investment Advisor at ICT Ministry; Wali-ul-Maroof Matin, Co-founder at Maslin Capital; Kazi Hassan, Chief Strategy & Transformation Officer at Grameenphone; Solaiman Alam, Head of Digital at Grameenphone; Anita Ghazi Rahman, Advisor at Better Stories; Tareq Al Muntasir, Co-founder at Socian; and Giovanni Corradini, Regional Associate at Seedstars.

The local Ambassador of Seedstars World, Tanvir Sourov, Founder of Socian, organised the event with Seedstars World’s local partners ICT Ministry, Startup Bangladesh, Maslin Capital, Grameenphone, Better Stories, Bongo and the Embassy of Switzerland in Bangladesh.

The event attracted interest from over 150 startups, and around 150 attendees.

The other startups invited to pitch were:

Agro Voyage: An IoT-enabled agricultural company for creating movable vertical farming land to cultivate in a greener way.

Bankcompared: Helps people make and manage financial decision by comparing various products available from different financial institutions.

Garbage Man: Introducing modern and scientific approach towards efficient waste management system by upcycling waste into resource.

Legal Seba: An online business, legal service portal for the high growth companies & SMEs powered by business legal database, AI and outsourcing.

Nex Park: Helps the automobile user to find nearby parking space by using a simple mobile app and thereby reduce the extensive traffic

Continuing on its world tour of fast-growing startup scenes in emerging markets, Seedstars World’s next stop is Jakarta on September 21st to select the best startup in Indonesia. Seedstars World is looking for smart startups that solve regional issues and/or develop profitable products for the global market.

Startups are invited to apply here.