Two Bangladeshi startups - Tiger New Energy, a company offering battery-swapping technology for electric vehicles (EV), and iFarmer, an agritech platform - has recently made it to the Forbes Asia's 100 to Watch list for 2024.

Tiger New Energy, a Bangladesh based startup established in 2021, has secured an additional USD 1 million in funding from ADB Ventures following Tiger's USD 2.5 million seed round led by Wavemaker Partners last year, propelling the rollout of its battery swapping technology across Bangladesh. Md. Ismail Hossain, Manager, Brand & Marketing of Tiger New Energy confirmed the funding to The Daily Star.