'10 Minute School' loses Tk5cr investment

Startup Bangladesh Limited has canceled the investment proposal for the country's leading online educational institution '10 Minute School'.

State Minister for Posts, Telecommunications and Information Technology Zunaid Ahmed Palak announced the cancellation of the Tk 5 crore investment proposal for 10 Minute School at 11:00 am on Tuesday (16 July).

In a Facebook post, Palak said the investment proposal of Tk 5 crore for 10 Minute School was canceled by Startup Bangladesh Limited.

Earlier, the verified Facebook page of Startup Bangladesh Limited also informed about the cancellation of the contract with Ayman Sadiq, the founder of the school.

However, Startup Bangladesh and Zunaid Ahmed Palak have not informed about the reason behind canceling the contract.