In Southeast Asia, Malaysia is a rising startup hub, offering businesses the benefits of speedy processing, improved infrastructure, and increased accessibility. Since the formation of Vision 2020, the Malaysian startup ecosystem, particularly tech-based companies have grown rapidly.
The government, venture capitalists, and accelerators have together played a very strong role in the formation of the tech industry.
25 Malaysian Startups to Watch in 2019
iFlix
iFlix is an on-demand online video service in South East Asia.
Headquarters: Kuala Lumpur, Malaysia
Industry – Digital Entertainment, Video Streaming, Internet
Funding
| Date | Round | Amount | Investors |
| Aug 07, 2017 | Venture | $ 133,000,000 |
|
| Mar 07, 2017 | Series B | $ 90,000,000 |
|
| Mar 07, 2017 | Unknown | $ 90,000,000 | N/A |
Team
| Person | Role | Period |
| Patrick Grove | Founder | Unknown to Unknown |
| Mark Britt | Founder | Unknown to Unknown |
Piktochart
Piktochart is an Easy-to-Use infographic maker to engage your web audience.
Headquarters: Penang, Malaysia
Industry – Engagement, Visual, Audience, Web, Infographic, Content Creators, Data Visualization, SaaS
Funding
| Date | Round | Amount | Investors |
| Oct 01, 2012 | Seed | $ 150,000 | |
| Jun 30, 2011 | Seed | Undisclosed amount |
|
Team
| Person | Role | Period |
|---|---|---|
| Co-founder, Business Development | Unknown to Present | |
|
Elvin Lee
|
CPO | Unknown to Present |
|
Chao Ng
|
CTO | Unknown to Present |
Carsome
Carsome is a used car platform where it helps car owners in the process of selling a car, from inspection to valuation and payment.
Headquarters: Petaling Jaya, Selangor, Malaysia
Industry – E-Commerce Platforms, Automotive
Funding
| Date | Round | Amount | Investors |
| Aug 24, 2018 | Series B | – | N/A |
| Mar 7, 2018 | Series B | $19M | Burda Principal Investments |
| Jun 6, 2017 | Series B | $6M | Gobi Partners |
| Mar 2, 2016 | Series A | $2M | IdeaRiverRun |
| Aug 24, 2015 | Seed | $350K | – |
Team
| Person | Role | Period |
| Eric Cheng | Co-Founder and CEO | Unknown to Present |
| Jiun Ee Teoh | Co-Founder and COO | Unknown to Present |
| Aaron Kee | Corporate Strategy Director | Unknown to Present |
MauKerja
MauKerja is a job recruitment portal that fills the gap between employers and job seekers in the market.
Headquarters: Kuala Lumpur, MY
Industry – Human Resources, Recruitment
Funding
| Date | Round | Amount | Investors |
| May 01, 2015 | Venture | Undisclosed amount | OSK Ventures International |
Team
| Person | Role | Period |
| Ray Teng | Founder | Unknown to Present |
Ricebowl
RiceBowl.my is a job recruitment portal for Mandarin and English-speaking Job Seekers. It simplifies job searches and application processes for job-hunting convenience.
Headquarters: Bangsar South City, Kuala Lumpur.
Industry – Online Recruitment, Food & Beverages, Retails, and Job Placement.
Funding
| Date | Round | Amount | Investors |
|---|---|---|---|
| RiceBowl.my is bootstrapped. | |||
Team
| Person | Role | Period |
| Michael Duff | Founder | Unknown to Present |
Kaodim
Kaodim is a hire service which matches you with vetted and verified contractors, plumbers, electricians, personal trainers, and almost any other type of service provider.
Industry – Professional Services, Online Portals
Headquarters: Selangor, Malaysia
Funding
| Date | Round | Amount | Investors |
| Nov 6, 2017 | Series B | $7,000,000 | Square Peg Capital |
| Nov 01, 2015 | Series A | $ 4,000,000 |
|
| Feb 14, 2015 | Seed | $ 550,000 |
|
Team
| Person | Role | Period |
| Jeffri Cheong | Managing Director and Co-founder | November 2014 to the Present |
| Fui Yu Choong | CEO and Co-founder | November 2014 to the Present |
| Nitesh Tak | Mobile App developer | July 2015 to the Present |
iPrice
iPrice offers online consumers the most extensive selection of products and brands, presented by hundreds of partners in Southeast Asia – all made available on one shopping website.
Industry – Coupons, E-Commerce
Headquarters: Kuala Lumpur, Malaysia
| Date | Round | Amount | Investors |
|---|---|---|---|
| Dec 19, 2016 | Series A | $ 4,000,000 |
|
| Dec 14, 2015 | Seed | $ 1,200,000 |
|
| May 21, 2015 | Seed | $ 550,000 |
|
Team
| Person | Role | Period |
|---|---|---|
|
Heinrich Wendel
|
Founder | Unknown to Unknown |
CupoNation Malaysia
CupoNation Malaysia is a coupon company which enables users to discover the best coupons to save from all stores and brands across all categories from anywhere around the globe.
Industry – Coupons, E-Commerce
Headquarters: Kuala Lumpur, Malaysia
Funding
| Date | Round | Amount | Investors |
| Oct 20, 2017 | Series C | $12,200,000 | N/A |
| Oct 20, 2017 | Debt Financing – CupoNation | $ 10,200,000 | N/A |
| Dec 10, 2015 | Series B | $ 10,000,000 | N/A |
Team
| Person | Role | Period |
| Andreas Fruth | Managing Director and Co-founder | Unknown to Present |
| Adrian Renner | Managing Director and Co-founder | Unknown to Present |
| Gerhard Trautmann | Managing Director and Co-founder | Unknown to Present |
Ticket2u.com.my
Ticket2u.com.my handles all your online ticketing and e-marketing troubles.
Industry – Event Management, Ticketing, Events
Headquarters: Kuala Lumpur, Malaysia
Funding
| Date | Round | Amount | Investors |
|---|---|---|---|
| Ticket2u.com.my is Bootstrapped | |||
Team
| Person | Role | Period |
|---|---|---|
|
Chia Chung Yeong
|
Founder | Unknown to Unknown |
DeliverEat
DeliverEat is a doorstep food delivery portal.
Industry – Food Delivery, Online
Headquarters: Penang, Malaysia
Funding
| Date | Round | Amount | Investors |
|---|---|---|---|
| Feb 28, 2017 | Seed | MYR 2,000,000 |
|
Team
| Person | Role | Period |
|---|---|---|
|
Leong Shir Mein
|
Co-founder | Unknown to Present |
|
Tan Suan Sear
|
Co-founder |
WOBB
WOBB is a Malaysian job platform for Gen Y and Z.
Headquarters: Kuala Lumpur, MY
Industry – Human Resources, Recruitment
Funding
| Date | Round | Amount | Investors |
|---|---|---|---|
| Aug 30, 2017 | Venture | $ 398,300 |
|
Team
| Person | Role | Period |
|---|---|---|
|
Derek Toh
|
Founder | Unknown to Unknown |
ServisHero
ServisHero lets you find local services from your phone.
Available in Malaysia, Singapore & Thailand.
Headquarters: Kuala Lumpur, MY
Industry – Professional Services, Online Portals
Funding
| Date | Round | Amount | Investors |
|---|---|---|---|
| Jun 28, 2016 | Unknown | Undisclosed amount |
|
| Mar 20, 2016 | Seed | $ 2,700,000 |
|
Team
| Person | Role | Period |
|---|---|---|
|
Adam Burmister
|
Founder | Unknown to Unknown |
|
Paul Copplestone
|
Founder | Unknown to Unknown |
|
Karl Loo
|
Founder | Unknown to Unknown |
CloudHAX
CloudHAX is a search engine portal, supported by a solid background in research and developing platforms on par with Google and Yahoo.
Headquarters: Kuala Lumpur, MY
Industry – Listings, Ticketing, Event Management, Property Management, Cars, Big Data, Web, Classifieds, E-Commerce, Online Portals, Mobile Devices
Funding
| Date | Round | Amount | Investors |
|---|---|---|---|
| Oct 01, 2013 | Angel | MYR 10,000,000 |
Team
| Person | Role | Period |
|---|---|---|
|
Chia Chung Yeong
|
Founder | Unknown to Unknown |
EasyUni.com
Easyuni.com is an education portal that connects millions of students and parents to colleges and universities around the world.
Headquarters: Kuala Lumpur, MY
Industry –Education, Marketplace, Advertising
Funding
| Date | Round | Amount | Investors |
|---|---|---|---|
| Easyuni.com is bootstrapped | |||
Team
Printcious
Printcious is the place where you will find ideal gifts to suit any personality and occasion.
Headquarters: Selangor, Malaysia
Industry –Gift Ideas, Printing, Gifts, E-Commerce
Funding
| Date | Round | Amount | Investors |
|---|---|---|---|
| Printcious.com is bootstrapped | |||
Team
| Person | Role | Period |
|---|---|---|
|
Vincent Tong
|
Co-founder, CEO | Unknown to Present |
|
Henry Tong
|
Co-founder, CTO |
Property Hunter
PropertyHunter.com.my offers real estate listing updates from the region, property news with a user-friendly interface and comprehensive information about the properties with integrated social media functions.
Headquarters: Sabah, Malaysia.
Industry – Property, Real Estate
Funding
| Date | Round | Amount | Investors |
|---|---|---|---|
| PropertyHunter.com.my is bootstrapped | |||
Team
Team
| Person | Role | Period |
|---|---|---|
|
Michael Hiew
|
Co-founder, CEO | 2012-18 |
|
Caleb Tseu
|
Co-founder, CTO |
Flower Chimp
Flower Chimp is a flower delivery platform in Malaysia, Indonesia, and the Philippines.
Headquarters: Kuala Lumpur, MY
Industry –Flowers, Delivery Services, Gifts
Funding
| Date | Round | Amount | Investors |
|---|---|---|---|
| Aug 15, 2018 | Seed | MYR 6,000,000 | Asia Venture Group |
Team
| Person | Role | Period |
|---|---|---|
|
Maximilian Lotz
|
Co-founder | 2016 to Present |
|
Niklas Frassa
|
Co-founder |
Dropee
Dropee is a B2B Procurement Marketplace which allows businesses to get related to buy and sell in bulk, and their Enterprise Solution allows businesses to streamline their operational processes to work more efficiently and effectively.
Headquarters: Kuala Lumpur, MY
Industry –Marketplace, Procurement
Funding
| Date | Round | Amount | Investors |
| Jan 17, 2019 | Seed | $341,000 | Vynn Capital |
| Dec 1, 2017 | Grant | MYR 500,000 | N/A |
| Mar 31, 2017 | Grant | MYR 150,000 | N/A |
| Jan 1, 2017 | Angel | MYR 300,000 |
Team
| Person | Role | Period |
|---|---|---|
|
Lennise Ng
|
Co-founder, CEO | 2017 to the Present |
|
Aizat Rahim
|
Co-founder, COO |
AppSally
AppSally is a growth-marketplace built by a team of digital marketing experts with decades of experience.
Headquarters: Penang, Malaysia. (Now in New Zealand)
Industry –Marketplace, Marketing, Growth Hacking
Funding
| Date | Round | Amount | Investors |
|---|---|---|---|
| AppSally is bootstrapped | |||
Team
HostelHunting
Dahmakan
Dahmakan is redefining food delivery by creating a healthy connoisseur lunchbox, crafted with the freshest ingredients, MSG-free, delivered within 20mins straight to your door.
Headquarters: Kuala Lumpur, MY
Industry – Food Delivery, Online
Funding
Team
| Person | Role | Period |
|---|---|---|
|
Christian Edelmann
|
Founder | Unknown to Unknown |
|
Jessica Li
|
Founder | Unknown to Unknown |
|
Jonathan Weins
|
Founder | Unknown to Unknown |
MilkADeal
MilkADeal reward users to shop online!
Headquarters: Selangor, Malaysia
Industry – Coupons, E-Commerce, Advertising
Funding
Team
| Person | Role | Period |
|---|---|---|
|
Shaun Lee
|
Co-founder | Unknown to Present |
|
Wilson Quah
|
Co-founder | Unknown to Present |
|
Alex Yap
|
CTO | Unknown to Present |
The Asian Entrepreneur
.
The Asian Entrepreneur is a leading international digital business magazine with a specialized focus on the startup scene in Asia. It now stands as the most authoritative source of Asian entrepreneurship.
Headquarters: Kuala Lumpur, MY
Industry – Consulting, Digital Media, E-Commerce
Funding
| Date | Round | Amount | Investors |
|---|---|---|---|
| Aug 3, 2018 | Venture | $ 4,000,000 | AJS Investments, Cavendish Capital, Sharp Capital, LP |
Team
| Person | Role | Period |
|---|---|---|
|
Akhil Menon
|
Co-founder, CMO |
Unknown to Present |
|
Melvin Poh
|
Co-founder, COO | Unknown to Present |
|
Harshul Srivastava
|
Strategy Officer | Unknown to Present |
GridMarkets
GridMarkets is a SaaS for visual effects, engineering, and financial services.
Headquarters: Kuala Lumpur, MY
Industry – Animation, Cloud Computing, Enterprise Software, Financial Services, FinTech, GreenTech, SaaS, Software.
Funding
| Date | Round | Amount | Investors |
|---|---|---|---|
| Jan 01, 2013 | Seed | $ 700,000 | |
| Nov 01, 2011 | Series A | $ 300,000 |
Team
| Person | Role | Period |
|---|---|---|
|
Hakim Karim
|
Founder | Unknown to Unknown |
|
Mark Ross
|
Founder | Unknown to Unknown |
Roomz Asia
Roomz Asia is a room rental portal in Malaysia.
Headquarters: Kuala Lumpur, MY
Industry – Internet, Marketplace, Rental Property, Service Industry
Funding
| Date | Round | Amount | Investors |
|---|---|---|---|
| Roomz Asia is bootstrapped | |||
Team
| Person | Role | Period |
|---|---|---|
|
Ping He
|
Co-Founder & CEO | Jul 2016 to Present |
|
Kok Hour Liau
|
Co-Founder | Jul 2016 to Unknown |
|
Trey Chong
|
Co-Founder | Jul 2016 to Unknown |
Funding Source: Crunchbase
