Malaysia’s startup ecosystem is rapidly evolving, supported by a strong digital economy, government initiatives, and a growing talent pool. From fintech to healthtech, these startups are innovating to solve local and global challenges. Here is a curated list of 50 promising startups in Malaysia to keep an eye on in 2024:
Top Startups Across Industries:
FinTech
- GrabPay – Digital payment and wallet solutions.
- Touch ‘n Go eWallet – Cashless payments and financial services.
- Funding Societies – Peer-to-peer lending platform.
- CapBay – Supply chain financing solutions.
- JomPAY – Online bill payment platform.
E-commerce
- Shopee Malaysia – Leading online marketplace.
- Lazada Malaysia – E-commerce platform for businesses and consumers.
- Carousell Malaysia – Peer-to-peer marketplace for pre-loved goods.
- iPrice Group – Price comparison platform.
- FashionValet – E-commerce for modest fashion.
HealthTech
- DoctorOnCall – Online medical consultations and pharmacy.
- BookDoc – Health appointment scheduling platform.
- Naluri – Digital health coaching and mental wellness.
- Doctor2U – On-demand healthcare services.
- HealthMetrics – Employee health benefits management.
EdTech
- EduAdvisor – Online platform for higher education options.
- EasyUni – University search and application platform.
- ReSkills – Online skill development and learning.
- Classruum – Interactive online education solutions.
- Pandai – Personalized learning app for school students.
GreenTech
- Solarvest – Solar energy solutions provider.
- Plus Solar – End-to-end solar energy systems.
- Recycle2U – Waste management and recycling services.
- Dropee – Sustainable supply chain solutions.
- Komuniti Tukar – Community-based recycling platform.
Logistics & Mobility
- Lalamove Malaysia – On-demand logistics and delivery.
- TheLorry – Moving and logistics solutions.
- Teleport – AirAsia’s logistics and delivery arm.
- Parcel365 – Smart parcel lockers and logistics services.
- CollectCo – Package collection and drop-off network.
AI & Tech
- Aerodyne Group – Drone-based enterprise solutions.
- Carsome – Online car-selling platform.
- iMoney – Financial comparison website.
- Softinn – Hospitality software solutions.
- Jirnexu – Personal finance and insurance marketplace.
Other Emerging Categories
- Grab Malaysia – Super app for transport, delivery, and payments.
- HappyFresh – Online grocery delivery platform.
- Eatigo – Restaurant reservation app.
- Kaodim – Marketplace for professional services.
- PolicyStreet – Insurance marketplace.
- StoreHub – Omnichannel retail management system.
- ServisHero – On-demand services platform.
- Speedhome – Property rental platform.
- MoneyMatch – Cross-border payment solutions.
- HiveUP – Social investment platform.
- Mobius Group – Blockchain-based solutions.
- Tapway – AI and IoT solutions for retail and transportation.
- Dattel – Consumer intelligence platform.
- GAX MD – Digital investment management.
- LunchActually – Online matchmaking platform.
How Aviaan Can Help You Invest in the Right Startups?
Malaysia’s startup ecosystem offers significant opportunities for investors. However, identifying the right ventures requires a comprehensive understanding of the market, due diligence, and strategic planning. This is where Aviaan steps in as your trusted partner.
Why Choose Aviaan?
- Market Insights: Aviaan provides in-depth analysis of Malaysia’s startup ecosystem, focusing on high-growth sectors like fintech, healthtech, and green energy.
- Comprehensive Due Diligence: From financial assessments to operational reviews, Aviaan ensures that startups meet your investment criteria.
- Transaction Advisory Services (TAS): Aviaan supports all stages of the investment process, including deal structuring, valuations, and negotiations.
- Risk Management: Our team identifies potential risks and crafts strategies to mitigate them, safeguarding your investment.
- Customized Investment Strategies: We align your investment goals with the most promising startups, ensuring long-term returns and portfolio diversification.
Partner with Aviaan for Success
Whether you’re exploring fintech disruptors or green energy pioneers in Malaysia, Aviaan can help you navigate the startup landscape with confidence. Our tailored approach ensures you seize the best opportunities while minimizing risks.