Tiger New Energy

Active#10 in Bangladesh

Estimated valuation · EV battery swapping · Bangladesh

Battery-swapping network supplying lithium batteries to electric rickshaw drivers in Bangladesh for a daily fee with unlimited swaps, replacing slow-charging lead-acid batteries.

Mobility›EV battery swapping tigernewenergy.com

Founded2021

HQDhaka

Last roundSeed with extension · Jun 2024

Country of originBangladeshListed in the Bangladesh ranking

Where would you invest?BangladeshJurisdiction as cited by the ranking

Estimated valuation

AI · Bangladesh ranking

≈ USD 18MUSD 12–27M · Tens of M$

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Seed with extension · USD 3.5M · Jun 2024
AI adjustment: None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
Bangladesh · all sectors	Top 17	#10	Edition 0 · October 2026	24 Nov 2026

Rank historyOct 2026 · #10First edition: no movements yet.

Funding history

Date	Round	Amount	Type	Investors
Jun 2024	Seed with extension	USD 3.5M	Equity	Wavemaker Partners, ADB Ventures, 500 Global

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of Tiger New Energy as a PDF. It must answer at least one of these four questions, and stick to them:

AI valuation: $18MUndervalued or overvalued?

Versus competitorsHow does it compare?

Who should acquire itStrategic buyers, and why

Who should it acquireAcquisition targets, and why

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Analyses are the opinion of their authors, not of Uback. They are checked before publication.

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Back Tiger New Energy whether or not it has agreed: your intention joins the pool on Tiger New Energy, passed to the Fundraising Desk of its country once it reaches critical mass. Backing on Uback (pronounced “you back”) means declaring an Interest (free) or an Intention (coming soon). Backing does not mean that this company is raising funds or that a shareholder is selling shares, and it is not a commitment to invest. Any deal, through a funding round or a sale by an existing shareholder, is handled by a partner desk: the Fundraising Desk of the country for a round, the Secondary Sales Desk assigned to the company for a sale.

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What the AI reads

Read by the AI at the next edition.

Comparable companies in Bangladesh

Full Bangladesh ranking →

Pathao#1Mobility › super app (ride-hailing, delivery, payments)Tens of M$Shuttle#16Mobility › shared mass transitMillions $Paperfly#9Logistics › e-commerce last-mile deliveryTens of M$Maya#11Healthtech › telehealthTens of M$

Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.