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8 months ago

Startup Bangladesh backs pulse tech for healthcare transformation

Officials from Startup Bangladesh and Pulse Tech at the agreement signing ceremony held in Dhaka recently
Officials from Startup Bangladesh and Pulse Tech at the agreement signing ceremony held in Dhaka recently

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Startup Bangladesh Limited has made a strategic investment of Tk 10 million (one crore) in Pulse Tech Limited, signaling a significant leap forward in advancing digital healthcare technology in Bangladesh. Pulse Tech Limited stands out for its pioneering solutions tailored for the retail pharmaceutical industry. Their comprehensive B2B SaaS platform streamlines product sourcing, inventory management, and transaction tracking, all within a digital framework. The company's mission extends to eradicating counterfeit and expired products from the market through end-to-end solutions.

During the formal announcement in Dhaka, attended by esteemed figures including Md Shamsul Arefin, chairman of the Board of Directors at Startup Bangladesh, and senior secretary of the ICT Division, as well as Sami Ahmed, managing director of Startup Bangladesh, the strategic significance of the investment was underscored. This injection of capital aims to empower Pulse Tech to innovate further and broaden its service offerings in the retail pharma sector, thus contributing to the advancement of healthcare technology in Bangladesh.

Sami Ahmed expressed confidence in the partnership, citing belief in the transformative potential of technology and highlighting the importance of nurturing startups like Pulse Tech to drive technological innovation and economic growth. With this infusion of funds, Pulse Tech is primed to accelerate the development of its technologies and expand operations, with a specific focus on enhancing the efficiency of retail pharmacies and ensuring widespread access to authentic medicines across the nation.

Arefeen Raafi Ahmed, co-founder and managing director of Pulse Tech Limited, welcomed Startup Bangladesh as their newest investor, acknowledging the pivotal role their guidance and support will play in achieving organisational goals and positively impacting Bangladesh's retail pharmaceutical industry and healthcare landscape. This strategic partnership between Startup Bangladesh and Pulse Tech Limited marks a significant step towards a technologically equipped and health-conscious Bangladesh.

 

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