Startup Bangladesh cancelled an investment proposal of Tk 5 crore for 10 Minute School, according to State Minister for Posts, Telecommunications and Information Technology Zunaid Ahmed Palak.

In a Facebook post, the minister said, Startup Bangladesh -- the flagship venture capital fund of the ICT Division, cancelled the investment proposal of Tk 5 crore for 10 Minute School.

However, no reason has been given for this.

Ayman Sadiq, founder and CEO of 10 Minute School, has yet to respond in this regard.

He, however, recently posted several statuses in favour of the ongoing quota reform movement.