Best Startups In Singapore That You Must Know!

45 Amazing Startups In Singapore That You Should Know About!

  

Singapore, the hub of Trade and Commerce, one of the best city to live in; has taken their startup Ecosystem to a next Level. With over 5 startups obtained a “Unicorns” status, this year itself over 200 startups from the country were being funded by large Venture Firms.
  
In 2017 Two of the Fintech startups has been awarded as the “2017 Fintech100 List” also Active.ai & ViSenze has been named as the top AI Startups around the Globe.
 



 

 

Here Is The List Of 45 Amazing Startups From Singapore-

   

1. Grab:

 

A Singaporean technology company that offers ride-hailing and logistics services through its app in Singapore and neighboring Southeast Asian nations such as Malaysia, Indonesia, Philippines, Vietnam, Thailand and Myanmar.

Year Founded: 2012
Funding Info: $4.135B in 10 rounds, as of Oct 20, 2017.
Lead Investors: Didi Chuxing, SoftBank, SoftBank Capital & Tiger Global Management.

  

2. Lazada:

 

The number one online shopping & selling destination in Southeast Asia – present in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. Lazada helps more than 100,000 local and international sellers as well as 2,500 brands serve the 560 million consumers in the region through its marketplace platform, supported by a wide range of tailored marketing, data, and service solutions.

Year Founded: 2012
Funding Info: $2.71B in 9 rounds, as of Jun 28, 2017.
Lead Investors: Alibaba, Temasek Holdings, Tesco Tesco & Rocket Internet

  

3. StarHub:

 

StarHub is a fully-integrated company that offers information, communication, and entertainment services to consumers and corporates. It also manages an island-wide HFC network that delivers multi-channel pay TV services (including HDTV, internet TV and on-demand services) as well as ultra-high speed residential broadband services. StarHub went public on Jul 6, 2007.

Year Founded: 2000
Funding Info: Went Public on July 6, 2007 at a IPO valuation of $1.42B
Market Cap: S$5.06B(Dec 17, 2017)

  

4. Sea:

 

Sea Limited, an Internet platform company, engages in the digital entertainment, e-commerce, and digital financial service businesses in Greater Southeast Asia that includes Indonesia, Taiwan, Vietnam, Thailand, the Philippines, Malaysia and Singapore. They operate three industry-leading platforms across digital entertainment, e-commerce and digital financial services.

Year Founded: 2009
Funding Info: $722M before it went public on Oct 20, 2017 at an IPO valuation of $4.888B and the raised $884M at IPO.
Lead Investors: GDP Venture, General Atlantic, Farallon Capital Management, Cathay Financial Holding.

  

5. ZALORA:

 

Zalora Group is an e-retailer founded by Rocket Internet with operations in several South East Asian countries. It’s e-commerce websites launched in 2012 in Indonesia, Malaysia, the Philippines, Singapore, Taiwan, Hong Kong, Thailand and Vietnam.

Year Founded: 2012
Funding Info: $212M in 3 Rounds from 8 Investors, as of Dec 3, 2013
Lead Investors: Access Industries, Rocket Internet & Len Blavatnik

  

6. Silent8:

 

Silent Eight is a pioneering developer of AI powered solutions for customer screening and transaction monitoring covering the areas of anti-money laundering and combating terrorism financing. It was ranked as the 2017’s Fintech100 List.

Year Founded: 2013
Founder: Martin Markiewicz
Lead Investors: Wavemaker Partners

  

7. PropertyGuru:

 

A real estate consultant in residential and commercial properties in Singapore. PropertyGuru.com.sg is Singapore’s leading property portal and a flagship website of PropertyGuru’s Network – Asia’s Property Guru. PropertyGuru.com.sg is used by over 4.5 million consumers who view over 50 million pages.

Year Founded: 2006
Funding Info: $175.9M in 3 Rounds from 7 Investors, as of Jun 8, 2015
Lead Investors: Emtek Group, Square Peg Capital & ImmobilienScout 24.

  

8. AirTrunk:

 

AirTrunk is a hyperscale and wholesale data center platform for cloud, content and large enterprise customers across the Asia-Pacific region. The company develops and operates large scale wholesale data centres that lead the Asia Pacific market with proven reliability.

Year Founded: 2014
Funding Info: $305.92M in 1 round (Private Equity), as of Feb 13, 2017
Lead Investors: Goldman Sachs & TPG

  

9. Sunseap:

 

Sunseap is the largest and most established clean energy solutions provider in Singapore, with regional operations in South East Asia Pacific. It is one of Singapore’s largest and leading providers of solar energy.

Year Founded: 2011
Funding Info: $152M in 4 rounds, as of Sep 20, 2017
Lead Investors: Banpu, United Overseas Bank, TRIREC & ISOTeam

  

10. Trax Retail:

 

Trax is the world’s leader in image recognition for retail. It’s providing leading technology & market data services to tier one manufacturers in over 45 countries around the world.

Year Founded: 2010
Funding Info: $138.5M in 4 rounds(series D), as of Jun 27, 2017
Lead Investors: Warburg Pincus, Broad Peak Investment & Investec

  

11. Quoine:

 

A web-based bitcoin trading platform that allows its users to trade virtual currencies for fiat currencies. It also facilitates fiat currency deposits at local banks spanning many international and Asian currencies such as USD, EUR, JPY, SGD, AUD, etc.

Year Founded: 2014
Funding Info: $123M in 3 rounds, as of Nov 13, 2017
Lead Investors: JAFCO Asia

  

12. Fullerton Health:

 

Fullerton Health is a leading provider of corporate healthcare solutions across Asia Pacific with more than 225 fully-owned medical centres, a network of more than 8,000 medical providers, 2,000 employees including more than 1,200 healthcare professionals, and six call centres across five countries.

Year Founded: 2010
Funding Info: $121.1M in 1 round, as of Nov 28, 2017
Lead Investors: Ping An Capital

  

13. Carousell:

 

Carousell is a mobile and online consumer to consumer marketplace for buying and selling new and secondhand goods. It is headquartered in Singapore. Carousell operates within Singapore, Malaysia, Indonesia, Taiwan, Hong Kong and the United States.

Year Founded: 2012
Funding Info: $111.8M in 5 rounds(series C), as of Oct 27, 2017
Lead Investors: Rakuten, Sequoia Capital, 500 Startups & Golden Gate Ventures

  

14. ViSenze:

 

ViSenze is an artificial intelligence startup that develops advanced visual search and image recognition solutions to help businesses in eCommerce, mCommerce and online advertising. Using R&D in machine learning and computer vision technology, ViSenze can recommend visually similar items to online shoppers, either on e-commerce platforms when they browse or search by uploading a picture or on content publishers platforms like social media and video networks.

Year Founded: 2012
Funding Info: $14M in 3 rounds (Series B), as of Sep 16, 2016
Lead Investors: Rakuten, Enspire Capital & WI Harper Group

  

15. ASLAN Pharmaceuticals:

 

ASLAN Pharmaceuticals is an oncology-focused biotechnology company developing a portfolio of immuno-oncology agents and targeted therapies.

Year Founded: 2010
Funding Info: $100M in 5 rounds (Series D), as of Jul 4, 2016
Lead Investors: BioVeda Capital, Cenova Ventures & Accuron Technologies

  

16. MyRepublic:

 

MyRepublic is a telecom company that provides internet access and broadband-based services to consumers and businesses in Singapore. It helps its customers better harness the explosion of cloud-based services and internet-enabled devices.

Year Founded: 2011
Funding Info: $95.6M in 4 rounds(series C), as of Nov 22, 2017
Lead Investors: Makara Capital, DST Communications, Dian Swastatika Sentosa & Xavier Niel

  

17. HOOQ:

 

A joint venture start-up, to offer a regional over-thetop (OTT) video service in Asia. HOOQ is gateway to a world of unlimited entertainment. Access over 30000 hours of premium Hollywood and local movies/TV series right at your fingertips.

Year Founded: 2015
Funding Info: $95M in 2 rounds, as of Jan 11, 2017
Lead Investors: Warner Bros., Singtel & Sony Pictures Entertainment

  

18. Qoo10:

 

The No. 1 Singapore-based e-commerce platform (Alexa Country Rank #10), with 2.5 million registered users. With Singapore as the headquarter, Qoo10, a joint venture established between founder Mr. Ku Young Bae and eBay, has expanded its marketplaces to Japan, Korea, Indonesia, Malaysia, Hong Kong and China.

Year Founded: 2010
Funding Info: $82.1M in 1 round(series A)
Lead Investors: —

  

19. Active.ai:

 

Active Intelligence is a platform that enables financial institutions to deliver their services using Intuition and Automation over channels of engagement. The company’s vision is to become the AI Saas platform for Financial Services.

Year Founded: 2016
Funding Info: $8.25 m Series A funding, led by Vertex Ventures(Nov 13, 2017)
Lead Investors: Vertex Ventures, CreditEase, Dream Incubator & Kalaari Capital

  

20. Capillary Technologies:

 

Capillary Technologies is a developer of cloud-based customer analytics marketing platform for retailers and consumer businesses. It offers loyalty, client, social consumer relationship management, back-end analytics, and multichannel campaign management solutions.

Year Founded: 2008
Funding Info: $82.1M in 7 rounds(Series C), as of Mar 30, 2017
Lead Investors: Warburg Pincus, Norwest Venture Partners – NVP, American Express Ventures & Sequoia Capital

  

21. TenX:

 

TenX is a bitcoin startup that makes any cryptocurrency spendable anytime and anywhere. They are the only company worldwide that offers multiple cryptocurrencies to be spent through a debit card to use anytime anywhere.

Year Founded: 2015
Funding Info: $81.1M in 3 rounds, as of Jun 27, 2017
Lead Investors: James Sowers, Fenbushi Capital & Dennis Jacobs

  

22. KyberNetwork:

 

KyberNetwork is a Fintech startup that allows the exchange and conversion of digital assets. On this platform Users can also mitigate the risks of price fluctuations in the cryptocurrency world with their derivative trading.

Year Founded: 2017
Funding Info: $60M in 1 round, as of Sep 19, 2017
Lead Investors: —

  

23. Wego:

 

Wego is an online search engine that enables travelers to find, compare, and book deals on hotels and flights for their travels. It’s platform shows users an unbiased and channel neutral view of travel prices, providing users with the choice of booking direct with a hotel or airline, or via an OTA or aggregator site.

Year Founded: 2005
Funding Info: $57.5M in 6 rounds(Series E), as of Sep 19, 2017
Lead Investors: Middle East Broadcasting Center, Crescent Group, Tiger Global Management & News Corp.

  

24. RedMart:

 

RedMart is an online supermarket in Singapore that delivers groceries and home essentials to your door. It is not a traditional retailer. The company has a platform that enables manufacturers to bypass retailers and engage shoppers directly. Our platform provides manufacturers with pioneering marketing capabilities and data analytics.

RedMart was acquired by Lazada Group on Nov 2, 2016 for an amount between $40-$50M.

Year Founded: 2011
Funding Info: $55.1M in 6 rounds(Series C), as of Aug 19, 2015
Lead Investors: Sea Limited & Eduardo Saverin

  

25. Paktor:

 

Paktor is a location-based dating and networking mobile application that connects mutually interested users and allows them to chat individually or as a group.

Year Founded: 2013
Funding Info: $52M in 6 rounds, as of Aug 19, 2015
Lead Investors: K2 Global, PT Media Nusantara Citra Tbk. (MNC Media Group) & Vertex Ventures

  

26. oBike:

 

oBike is a homegrown station-less smart bike-sharing company that built-in Bluetooth lock and can therefore be left anywhere at the end of a journey, not just at a docking station. They company uses technology to change how transportation is viewed locally. It allows commuters to travel during one-way first- and last- mile commuting – via bicycles located all over the island.

Year Founded: 2016
Funding Info: $45M in 2 rounds (Series B), as of Aug 16, 2017
Lead Investors: Grishin Robotics & Zhizhuo Capital

  

27. QuEST Global:

 

Quest Global is a product development & production engineering company in the Aero Engines, Aerospace & Defense, Hi-Tech & Industrial, Medical Devices, Oil & Gas, Power, and Transportation verticals. It is the leading provider of outsourced engineering services with over 2000 employees and operations across USA, Europe and Asia.

Year Founded: 1997
Funding Info: $431M in 3 rounds, as of Feb 19, 2016
Lead Investors: Advent International, Bain Capital, GIC

  

28. CXA Group:

 

CXA Group is a technology startup that builds an online marketplace for health services. The Company offers insurance and data management solutions for employees to improve health and control healthcare costs.

Year Founded: 2013
Funding Info: $33M in rounds, as of Feb 8, 2017
Lead Investors: B Capital Group, EDBI & NSI Ventures

  

29. Ninja Van:

 

Ninja Van is the region’s fastest growing startup in the logistics space. It’s solving the last mile problem via a multitude of strategic tie-ups and a cutting edge technology stack via our reactive and distributed systems.

Year Founded: 2014
Funding Info: $32.5M in 2 rounds(Series B), as of Apr 21, 2016
Lead Investors: YJ Capital, Abraaj Group, Monk’s Hill Ventures , B Capital Group

  

30. GreyOrange:

 

GreyOrange is a fast-growing, venture-backed technology startup that is creating hardware and software products for warehousing industry. These disruptive high-tech products are revolutionizing the traditionally managed logistics and distribution centers by solving operational inefficiencies and increasing productivity.

Year Founded: 2011
Funding Info: $30M in 2 rounds (Series B), as of Apr 21, 2016
Lead Investors: Tiger Global Management, Blume Ventures

  

31. Zilingo:

 

Zilingo is an online marketplace established in 2015 with a focus in fashion and lifestyle. Founded by former Mckinsey consultant Ankiti Bose, and ex-Yahoo engineer Dhruv Kapoor, Zilingo hosts over 5,000 SMEs across Indonesia, Singapore, Thailand, China, Hong Kong, Vietnam and Taiwan with a reach of more than a million customers per month.

Year Founded: 2015
Funding Info: $27.8M in 3 rounds (Series B), as of Sep 12, 2017
Lead Investors: Burda Principal Investments, Sequoia Capital, Wavemaker Partners & Draper Associates

  

32. ShopBack:

 

ShopBack is a Singaporean-headed e-commerce startup that utilises the cashback reward program. It allows online shoppers to take a portion of their cash back when they buy products through the service.

Year Founded: 2014
Funding Info: $26.1M in 3 rounds(series A), as of Sep Nov 7, 2017
Lead Investors: East Ventures, Softbank Ventures Korea, Singtel Innov8 & Credit Saison

  

33. SoCash:

 

soCash solves cash management for banks using technology. It is the most convenient way to get cash. Say goodbye to queuing at an ATM, paying ridiculous fees to get your cash. Get cash wherever you are.

Year Founded: 2015
Funding Info: $1M in 3 rounds (Series A), as of Oct 31, 2017
Lead Investors: Vertex Ventures

  

34. Near:

 

Near is an ambient intelligence platform providing real-time information on places, people, and products. The Near platform processes massive data from smart environments to understand consumer behaviour at a global scale. Currently processing data from over a billion devices, the Near platform powers Allspark, its flagship SaaS product for data-driven decisions, which enables customers to visualize, engage and analyze audiences.

Year Founded: 2012
Funding Info: $25.5M in rounds(series B), as of Oct 15, 2014
Lead Investors: Sequoia Capital, JPMorgan Partners (JPMP), Global Brain Corporation & Telstra Ventures

  

35. Chope:

 

Chope is a website that enables users to find and reserve restaurant in Singapore, Hong Kong, Shanghai, Beijing, Bangkok, Phuket, Jakarta, and Bali through the company’s www.chope.co, mobile apps, and plug-ins.

Year Founded: 2011
Funding Info: $25.1M in 5 rounds(series B), as of Oct 16, 2017
Lead Investors: Square Peg Capital, Singapore Press Holdings & Innosight Ventures

  

36. Smartkarma:

 

Smartkarma is an independent financial research platform that is radically changing the way market participants create, distribute and consume investment insights. It’s cloud-based platform leverages the latest in technology to provide a network for independent research analysts to curate and share research in an innovative and new way.

Year Founded: 2014
Funding Info: $21M in 3 rounds (Series B), as of Nov 6, 2017
Lead Investors: Sequoia India, Jungle Ventures, Wavemaker Partners & Spring SEEDS Capital

  

37. Zimplistic(Rotimatic):

 

An automatic kitchen appliance that uses artificial intelligence to cook flatbreads. It is manufactured by Zimplistic Pte Limited, a multinational consumer robotics startup.

Year Founded: 2008
Funding Info: $18.5M in 3 rounds(series B), as of Jul 20, 2015
Lead Investors: NSI Ventures, Bosch, VIR & Distinguished Gentlemen Group

  

38. InstaReM:

 

Founded by Prajit Nanu and Michael Bermingham, is a Singapore-headquartered Fintech company offering cross-border money transfers to individuals and businesses. InstaReM has created a unique payment mesh in Asia, which is being leveraged by financial institutions, SMEs and individuals to make fast and low-cost cross-border payments to more than 50 countries across the globe.

Year Founded: 2014
Funding Info: $18M in 2 rounds(Series B), as of Jul 4, 2017
Lead Investors: GSR Ventures, Vertex Ventures, Silicon Valley Bank & Global Founders Capital

  

39. Carro:

 

A Singapore-based used car Marketplace. Carro’s mission is to provide transparency, trust and convenience to both the car buyer and seller. A marketplace only thrives when both the seller and buyer gains – our vision is to become the car marketplace of choice around the region.

Year Founded: 2015
Funding Info: $18.1M in 3 rounds, as of Mar 22, 2017
Lead Investors: Venturra Capital, Singtel Innov8 & Golden Gate Ventures

  

40. honestbee:

 

Honestbee provides online concierge grocery delivery services for customers. Honestbee owns and operates an online grocery and home goods store. It provides groceries and daily necessities; crystal wines; pet food, supplies, and accessories; vitamins, herbs, and supplements; gourmet food and drinks; quality gourmet meats; natural and organic groceries; and meats, marinates, and others.

Year Founded: 2014
Funding Info: $15M in 2 rounds(series A), as of Oct 21, 2015
Lead Investors: Formation 8, Pear Ventures & EVA Automation

  

41. AdAsia Holdings:

 

AdAsia Holdings is one of the fastest-growing technology companies in Asia, developing solutions in the marketing and advertising, along with human resource industries. Along with the company’s proprietary AI-driven matching engine, AdAsia Holdings provides businesses and professionals with a suite of solutions to achieve greater efficiency and scale.

Year Founded: 2016
Funding Info: $14.5M in 2 rounds(Series A), as of Sep 28, 2017
Lead Investors: JAFCO Asia & Gunosy

  

42. Patsnap:

 

PatSnap is the leading IP Analytic and Management platform that empowers even non IP-proficient users to understand this competitive landscape. Through our simple yet powerful interface, IP is now accessible to everyone allowing you to compete and innovate on a global scale.

Year Founded: 2007
Funding Info: $13.6M in 3 rounds(series C), as of Nov 21, 2016
Lead Investors: Summit Partners, Vertex Ventures & Sequoia Capital

  

43. MoneySmart:

 

South East Asia’s leading personal finance portal helping consumers compare loans, insurance and credit cards. From everyday decisions like choosing the best credit card to big decisions like buying a home, MoneySmart shows what’s out there, recommend what’s best for you and help you to apply. Be informed and inspired about how to best earn, spend and grow your money to achieve your goals in life.

Year Founded: 2009
Funding Info: $12.64M in 3 Rounds from 5 Investors, as of Jun 7, 2017
Lead Investors: Kakaku.com, SPH Media Fund & Golden Gate Ventures

  

44. 99.co:

 

99.co is a map-based property search engine that utilizes smart algorithms to provide housing renters, buyers, and property agents alike a fast, transparent, and efficient property search experience in Singapore.

Year Founded: 2014
Funding Info: $10M in 3 rounds(Series A), as of Apr 6, 2017
Lead Investors: Eduardo Saverin & Sequoia Capital

  

45. Wavecell:

 

Wavecell offers Messaging Solutions and Live Video Interaction for any platforms such as applications, websites, and services. It simplifies real-time communications using Messaging Solutions and Live Video Interaction for any platforms such as applications, websites, and services.

Year Founded: 2010
Funding Info: $9.9M in 3 rounds (Series B), as of Jun 7, 2017
Lead Investors: Qualgro VC, Wavemaker Partners & MDI Ventures

   

10 thoughts on “Best Startups In Singapore That You Must Know!”

  1. Thanks for commenting Kamil. You made a great point however this was on Feb 2016 and there were some great companies that were being founded/funded in 2017. So couldn’t put BeMyGuest within the top 45.

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