What is R-Ventures 3.0? - R-Ventures 3.0 is the third edition of Robi’s flagship digital entrepreneurship platform, R-Ventures. It is also a part of R-Ventures Private Equity Fund which is a BSEC-approved Alternative Investment Fund sponsored by RedDot Digital Limited, a wholly owned ICT subsidiary of Robi.
What does R-Ventures 3.0 offer? - RedDot Digital Limited will be investing up to BDT 25 Million in the selected startups. Besides this, the ventures will also be connected a pool of other investors to raise funding. Throughout their journey, they will receive mentorship and grooming support as a cohort of R-Ventures.
Who can participate? - Any early-stage and growth-stage digital startup with strong potential is welcome to participate!
What is the selection process? - The applications submitted will be screened internally and undergo due diligence process. Selected startups will receive grooming and be invited to the Investment Day to pitch before a pool of investors.
Eligibility to apply? - Anybody can submit their ideas and start-up projects in rVenture. But to be eligible to get the fund, they should be registered as a company before the disbursement.
Which categories of business can apply? - We look forward to receiving applications from all industries as long as they are a digitally disruptive startup.
When is the registration deadline? - The registration deadline is till 31st December, 2022.
Can R-Ventures 1.0 and R-Ventures 2.0 Participants apply? - Startups who previously participated in R-Ventures 1.0 and 2.0 may also apply again.
Can Ventures 1.0 and R-Ventures 2.0 Winners apply? - Since previous winners are already part of the R-Ventures Fund, they are ineligible to participate in R-Ventures 3.0.
Can Non-Bangladeshis apply and win? - To be eligible for funding in R-Ventures 3.0, the business will need to be based and registered in Bangladesh.
Can Non-Robi users apply and win? - Yes. Any Bangladeshi early-stage or growth-stage startup is free to apply and win.