In today’s world, many countries are now changing lanes and embracing electric vehicles (EVs). In the past decade, we have seen a tectonic shift in the automotive industry - we have seen brands like Tesla, Rivian and NIO take off. We have also seen conventional automakers like Volvo, GM, Nissan and Ford fast-track their EV product line. Globally, electric vehicle sales figures have soared to a record high. Countries like Norway, Germany and Netherlands have adopted electric vehicles swiftly. Even in China, the electric car market own consists of 28% now, which is a massive pie compared to just five years back. 

Startups! You probably come across this word everywhere, whether on television, in newspapers, or on the Internet. Thanks to the power of globalisation, the air of startup culture has reached Bangladesh as well. But is the business environment in Bangladesh hospitable enough to start and push a startup towards success? Do the start-up founders and their respective teams have a good support system to help them thrive?

The popular ride-sharing app Uber has come under heavy scrutiny after a plethora of leaked confidential files highlighted the company's potentially illegal tactics to fuel its meteoric global expansion beginning nearly a decade ago, a joint media investigation showed recently.

The concept of start-ups is now a household term in almost all corners of every city of Bangladesh. With their can-do attitude, young entrepreneurs push the envelope by consistently honing their skills to achieve higher and aim further. But if we look back, one and half decade to be exact, the term start-up unheard of. Shafqat Islam, CEO and Co-founder of NewsCred/Welcome, achieved ‘Unicorn’ status for his company by joining the Optimizely family. A milestone reached by the first Bangladeshi start-up. ‘Unicorn’ is an industry jargon meant to designate companies that reach a valuation of $1 billion without being listed on the stock market and to be one is the dream of any tech startup.

10 Minute School, the leading Bangladeshi ed-tech startup, has recently appointed Mirza Salman Hossain Beg as its Co-Founder and Chief Operating Officer (COO). 

3 Bangladeshi startups - Shuttle, Markopolo and MedEasy, recently received funding from Accelerating Asia, a Singapore-based early-stage venture capitalist firm and startup accelerator.

Wander Woman, a social venture catering to female travellers from Bangladesh, has won a grant worth $22.5K at the UNLEASH Plus 2021 Program for “developing a revolutionary platform for female travellers in South Asia,” according to a press release.

Bangladesh is a land of opportunities for ICT business since startups are still facing less competition in the market, said a number of