Top 25 Startups in Malaysia to Watch in 2019

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

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iFlix is an on-demand online video service in South East Asia.

Headquarters: Kuala Lumpur, Malaysia

Industry – Digital Entertainment, Video Streaming, Internet

Funding

DateRoundAmountInvestors
Aug 07, 2017Venture$ 133,000,000
  • Hearst Communications
  • Liberty Global
  • Moelis & Company
  • Delta Partners
  • Jungle Ventures
  • Catcha Group
  • Sky
  • Evolution Media
  • Herbert Smith Freehills
  • EDBI
  • PLDT
Mar 07, 2017Series B$ 90,000,000
  • Zain Group
  • Sky
  • Liberty Global
  • Evolution Media
  • Emc
  • Catcha Group
Mar 07, 2017Unknown$ 90,000,000 N/A

Team

PersonRolePeriod
Patrick GroveFounderUnknown to Unknown
Mark BrittFounderUnknown to Unknown

 

Piktochart

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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

DateRoundAmountInvestors
Oct 01, 2012Seed$ 150,000
Jun 30, 2011SeedUndisclosed amount
  • Chinaccelerator
  • Sosventures

Team

PersonRolePeriod
Co-founder, Business DevelopmentUnknown to Present
Elvin Lee
CPOUnknown to Present
Chao Ng
CTOUnknown to Present

 

Carsome

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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

DateRoundAmountInvestors
Aug 24, 2018Series BN/A
Mar 7, 2018Series B $19MBurda Principal Investments
Jun 6, 2017Series B$6MGobi Partners
Mar 2, 2016Series A$2MIdeaRiverRun
Aug 24, 2015Seed$350K

Team

PersonRolePeriod
Eric ChengCo-Founder and CEOUnknown to Present
Jiun Ee TeohCo-Founder and COOUnknown to Present
Aaron KeeCorporate Strategy DirectorUnknown to Present

 

MauKerja

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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

DateRoundAmountInvestors
May 01, 2015VentureUndisclosed amountOSK Ventures International

Team

PersonRolePeriod
Ray TengFounderUnknown to Present

Ricebowl

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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

DateRoundAmountInvestors
RiceBowl.my is bootstrapped.

Team

PersonRolePeriod
 Michael DuffFounderUnknown to Present

Kaodim

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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

 

DateRoundAmountInvestors
Nov 6, 2017Series B$7,000,000Square Peg Capital
Nov 01, 2015Series A$ 4,000,000
  • Venturra Capital
  • 500 Startups
  • BEENEXT
  • East Ventures
Feb 14, 2015Seed$ 550,000
  • 500 Startups
  • East Ventures
  • KK Fund

Team

PersonRolePeriod
Jeffri CheongManaging Director and Co-founderNovember 2014 to the Present
Fui Yu ChoongCEO and Co-founderNovember 2014 to the Present
Nitesh TakMobile App developerJuly 2015 to the Present

 

iPrice

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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

DateRoundAmountInvestors
Dec 19, 2016Series A$ 4,000,000
  • Gobi Partners
  • Starstrike Ventures
  • ECONA AG
  • Asia Venture Group
  • DMP VC
  • Venturra Capital
Dec 14, 2015Seed$ 1,200,000
  • Asia Venture Group
  • F2 Ventures
  • Starstrike Ventures
  • 500 Startups
  • Venturra Capital
May 21, 2015Seed$ 550,000
  • ZALORA Group
  • Rocket Internet
  • Lazada Group
  • Asia Venture Group

Team

PersonRolePeriod
Heinrich Wendel
FounderUnknown to Unknown

CupoNation Malaysia

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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

DateRoundAmountInvestors
Oct 20, 2017Series C$12,200,000N/A
Oct 20, 2017Debt Financing – CupoNation$ 10,200,000N/A
Dec 10, 2015Series B$ 10,000,000N/A

Team

PersonRolePeriod
Andreas FruthManaging Director and Co-founderUnknown to Present
Adrian RennerManaging Director and Co-founderUnknown to Present
Gerhard TrautmannManaging Director and Co-founderUnknown to Present

Ticket2u.com.my

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Ticket2u.com.my handles all your online ticketing and e-marketing troubles.

Industry – Event Management, Ticketing, Events

Headquarters:  Kuala Lumpur, Malaysia

Funding

DateRoundAmountInvestors
Ticket2u.com.my is Bootstrapped

Team

PersonRolePeriod
Chia Chung Yeong
FounderUnknown to Unknown

DeliverEat

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DeliverEat is a doorstep food delivery portal.

Industry – Food Delivery, Online

Headquarters:  Penang, Malaysia

Funding

DateRoundAmountInvestors
Feb 28, 2017SeedMYR 2,000,000
  • ASEAN Superseed Fund

Team

PersonRolePeriod
Leong Shir Mein
Co-founderUnknown to Present
Tan Suan Sear
Co-founder

WOBB

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WOBB is a Malaysian job platform for Gen Y and Z.

Headquarters:  Kuala Lumpur, MY

Industry –  Human Resources, Recruitment

Funding

DateRoundAmountInvestors
Aug 30, 2017Venture$ 398,300
  • Cradle Fund Sdn Bhd (Cradle)

Team

PersonRolePeriod
Derek Toh
FounderUnknown to Unknown

ServisHero

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ServisHero lets you find local services from your phone.

Available in Malaysia, Singapore & Thailand.

Headquarters:  Kuala Lumpur, MY

Industry – Professional Services, Online Portals

Funding

DateRoundAmountInvestors
Jun 28, 2016UnknownUndisclosed amount
  • Pitch@Palace
Mar 20, 2016Seed$ 2,700,000
  • Golden Gate Ventures
  • Cradle Seed Ventures

Team

PersonRolePeriod
Adam Burmister
FounderUnknown to Unknown
Paul Copplestone
FounderUnknown to Unknown
Karl Loo
FounderUnknown to Unknown

CloudHAX

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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

DateRoundAmountInvestors
Oct 01, 2013AngelMYR 10,000,000

Team

PersonRolePeriod
Chia Chung Yeong
FounderUnknown to Unknown

EasyUni.com

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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

DateRoundAmountInvestors
Easyuni.com is bootstrapped

Team

PersonRolePeriod
Derek Toh
FounderUnknown to Unknown

Printcious

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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

DateRoundAmountInvestors
Printcious.com is bootstrapped

Team

PersonRolePeriod
Vincent Tong
Co-founder, CEOUnknown to Present
Henry Tong
Co-founder, CTO

Property Hunter

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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

DateRoundAmountInvestors
PropertyHunter.com.my is bootstrapped

Team

Team

PersonRolePeriod
Michael Hiew
Co-founder, CEO2012-18
Caleb Tseu
Co-founder, CTO

Flower Chimp

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Flower Chimp is a flower delivery platform in Malaysia, Indonesia, and the Philippines.

Headquarters:  Kuala Lumpur, MY

Industry –Flowers, Delivery Services, Gifts

Funding

DateRoundAmountInvestors
Aug 15, 2018SeedMYR 6,000,000Asia Venture Group

Team

PersonRolePeriod
Maximilian Lotz
Co-founder2016 to Present
Niklas Frassa
Co-founder

Dropee

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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

 

DateRoundAmountInvestors
Jan 17, 2019Seed$341,000Vynn Capital
Dec 1, 2017GrantMYR 500,000N/A
Mar 31, 2017GrantMYR 150,000N/A
Jan 1, 2017AngelMYR 300,000

Team

PersonRolePeriod
Lennise Ng
Co-founder, CEO2017 to the Present
Aizat Rahim
Co-founder, COO

AppSally

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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

DateRoundAmountInvestors
AppSally is bootstrapped

Team

PersonRolePeriod
Adeline YV
FounderUnknown to Unknown

HostelHunting

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HostelHunting.com is a digital community marketplace for students to find and book student hostel rooms.Headquarters:Kuala Lumpur, MYIndustry – Education, Internet

Funding

DateRoundAmountInvestors
Jun 08, 2017Series AUndisclosed amount
  • Accord Ventures
  • Hoop Partners
Dec 15, 2015Seed$ 500,000
  • Cradle Fund Sdn Bhd (Cradle)
  • KK Fund
  • Incubate Fund

 Team

PersonRolePeriod
FounderUnknown to Unknown

Dahmakan

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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

DateRoundAmountInvestors
Aug 08, 2017Seed$ 2,600,000
  • Y Combinator
  • Atlantic Capital Partners
  • Atami Capital
  • Apax Partners
Feb 20, 2017Seed$ 1,300,000
  • East Ventures
  • NFQ Capital
  • Grupara Ventures
  • Asia Venture Group
Feb 19, 2017Unknown$ 1,300,000

Team

PersonRolePeriod
Christian Edelmann
FounderUnknown to Unknown
Jessica Li
FounderUnknown to Unknown
Jonathan Weins
FounderUnknown to Unknown

MilkADeal

 

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MilkADeal reward users to shop online!

Headquarters: Selangor, Malaysia

Industry – Coupons, E-Commerce, Advertising

Funding

DateRoundAmountInvestors
Jun 01, 2011Angel$ 165,000
  • Tan Swee

 Team

PersonRolePeriod
Shaun Lee
Co-founderUnknown to Present
Wilson Quah
Co-founderUnknown to Present
Alex Yap
CTOUnknown to Present

The Asian Entrepreneur

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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

DateRoundAmountInvestors
Aug 3, 2018Venture$ 4,000,000AJS Investments, Cavendish Capital, Sharp Capital, LP

 Team

PersonRolePeriod
Akhil Menon

Co-founder, CMO

Unknown to Present
Melvin Poh
Co-founder, COOUnknown to Present
Harshul Srivastava
Strategy OfficerUnknown to Present

GridMarkets

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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

DateRoundAmountInvestors
Jan 01, 2013Seed$ 700,000
Nov 01, 2011Series A$ 300,000

Team

PersonRolePeriod
Hakim Karim
FounderUnknown to Unknown
Mark Ross
FounderUnknown to Unknown

Roomz Asia

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Roomz Asia is a room rental portal in Malaysia.

Headquarters: Kuala Lumpur, MY

Industry –  Internet, Marketplace, Rental Property, Service Industry

Funding

DateRoundAmountInvestors
Roomz Asia is bootstrapped

Team

PersonRolePeriod
Ping He
Co-Founder & CEOJul 2016 to Present
Kok Hour Liau
Co-FounderJul 2016 to Unknown
Trey Chong
Co-FounderJul 2016 to Unknown

Funding Source: Crunchbase

Screenshot from 2019-07-02 23-28-18

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