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

Date Round Amount Investors
Aug 07, 2017 Venture $ 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, 2017 Series B $ 90,000,000
  • Zain Group
  • Sky
  • Liberty Global
  • Evolution Media
  • Emc
  • Catcha Group
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

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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

Date Round Amount Investors
Oct 01, 2012 Seed $ 150,000
Jun 30, 2011 Seed Undisclosed amount
  • Chinaccelerator
  • Sosventures

Team

Person Role Period
Co-founder, Business Development Unknown to Present
Elvin Lee
CPO Unknown to Present
Chao Ng
CTO Unknown 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

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

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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

Date Round Amount Investors
May 01, 2015 Venture Undisclosed amount OSK Ventures International

Team

Person Role Period
Ray Teng Founder Unknown 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

Date Round Amount Investors
RiceBowl.my is bootstrapped.

Team

Person Role Period
 Michael Duff Founder Unknown 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

 

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

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

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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

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

Team

Person Role Period
Heinrich Wendel
Founder Unknown 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

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

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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

Date Round Amount Investors
Ticket2u.com.my is Bootstrapped

Team

Person Role Period
Chia Chung Yeong
Founder Unknown to Unknown

DeliverEat

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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
  • ASEAN Superseed Fund

Team

Person Role Period
Leong Shir Mein
Co-founder Unknown 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

Date Round Amount Investors
Aug 30, 2017 Venture $ 398,300
  • Cradle Fund Sdn Bhd (Cradle)

Team

Person Role Period
Derek Toh
Founder Unknown 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

Date Round Amount Investors
Jun 28, 2016 Unknown Undisclosed amount
  • Pitch@Palace
Mar 20, 2016 Seed $ 2,700,000
  • Golden Gate Ventures
  • Cradle Seed Ventures

Team

Person Role Period
Adam Burmister
Founder Unknown to Unknown
Paul Copplestone
Founder Unknown to Unknown
Karl Loo
Founder Unknown 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

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

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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

Date Round Amount Investors
Easyuni.com is bootstrapped

Team

Person Role Period
Derek Toh
Founder Unknown 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

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

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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

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

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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

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

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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

 

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

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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

Date Round Amount Investors
AppSally is bootstrapped

Team

Person Role Period
Adeline YV
Founder Unknown 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

Date Round Amount Investors
Jun 08, 2017 Series A Undisclosed amount
  • Accord Ventures
  • Hoop Partners
Dec 15, 2015 Seed $ 500,000
  • Cradle Fund Sdn Bhd (Cradle)
  • KK Fund
  • Incubate Fund

 Team

Person Role Period
Founder Unknown 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

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

Team

Person Role Period
Christian Edelmann
Founder Unknown to Unknown
Jessica Li
Founder Unknown to Unknown
Jonathan Weins
Founder Unknown to Unknown

MilkADeal

 

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MilkADeal reward users to shop online!

Headquarters: Selangor, Malaysia

Industry – Coupons, E-Commerce, Advertising

Funding

Date Round Amount Investors
Jun 01, 2011 Angel $ 165,000
  • Tan Swee

 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

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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

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

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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

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

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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

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

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

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