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18 Most Established Startups in Kuala Lumpur

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There's no doubt that Kuala Lumpur has become a leading hub for technology-based startups.

Some of the world's most successful ones reside there.

Major factors behind Kuala Lumpur's success with these startups include an abundance of highly skilled talent, government support that includes tax incentives, and progressive attitudes towards startups.

Here's a list with 18 fast-growing startups located there.


18 Startups in Kuala Lumpur

1) Naluri Life

1) Naluri Life

Naluri is a digital health solution that improves mental and physical health through a human-driven, AI-augmented approach.

Details of the startup:

  • Started in: 2017
  • Founders: Azran Osman-Rani, Hariyati Abdul Majid, Jeremy Ting
  • Industries: Artificial Intelligence, Fitness, Health Care, Psychology, Therapeutics, Wellness
  • Number of employees: 51-100
  • Funding amount: $7,840,000
  • Number of funding rounds: 4
  • Number of investors: 13

You can find their website here.

2) iPrice Group

2) iPrice Group

iPrice was created to provide buyers with the largest range of items and brands from hundreds of Southeast Asian partners.

Details of the startup:

  • Started in: 2014
  • Founders: David Chmelar, Heinrich Wendel
  • Industries: Coupons, E-Commerce, Shopping
  • Number of employees: 51-100
  • Funding amount: $21,250,000
  • Number of funding rounds: 9
  • Number of investors: 20

You can find their website here.

3) iflix

3) iflix

Iflix is an internet entertainment provider aimed at people in developing countries.

Details of the startup:

  • Started in: 2014
  • Founders: Mark Britt, Patrick Grove
  • Industries: Digital Entertainment, Internet, Video Streaming
  • Number of employees: 501-1000
  • Funding amount: $348,000,000
  • Number of funding rounds: 7
  • Number of investors: 22

You can find their website here.

4) iProperty.com

4) iProperty.com

iProperty.com is a Malaysian real estate portal that specializes in the selling and rental of residential and commercial properties.

Details of the startup:

  • Started in: 2007
  • Founders: Joshua Wong, Murli RK, Patrick Grove
  • Industries: Internet, Property Management, Real Estate
  • Number of employees: 251-500
  • Funding amount: $100,000,000
  • Number of funding rounds: 2
  • Number of investors: 2

You can find their website here.

5) Pop Meals

5) Pop Meals

Pop Meals is a food delivery service that uses artificial intelligence to automate logistics and cooking.

Details of the startup:

  • Started in: 2015
  • Founders: Christian Edelmann, Jessica Li, Jonathan Weins
  • Industries: Artificial Intelligence, Consumer Goods, Food and Beverage, Food Delivery, Logistics, Robotics
  • Number of employees: 101-250
  • Funding amount: $27,020,000
  • Number of funding rounds: 5
  • Number of investors: 21

You can find their website here.

6) Socar Malaysia

6) Socar Malaysia

Socar is a car-sharing network in Malaysia.

Details of the startup:

  • Started in: 2017
  • Industries: Car Sharing, Ride Sharing
  • Number of employees: 101-250
  • Funding amount: $18,000,000
  • Number of funding rounds: 1
  • Number of investors: 2

You can find their website here.

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7) pitchIN

7) pitchIN

Malaysia's national crowdfunding portal, pitchIN, might be classified as such.

Details of the startup:

  • Started in: 2012
  • Founders: Kashminder Singh, Sam Shafie
  • Industries: Crowdfunding, Financial Services
  • Number of employees: 1-10
  • Funding amount: MYR5,500,000
  • Number of funding rounds: 1
  • Number of investors: 3

You can find their website here.

8) PolicyStreet

8) PolicyStreet

PolicyStreet is an online platform that streamlines the insurance purchasing process.

Details of the startup:

  • Started in: 2016
  • Founders: Wilson Beh, Winnie Chua, Yen Ming Lee
  • Industries: Finance, Financial Services, FinTech, Insurance, InsurTech
  • Number of employees: 11-50
  • Funding amount: $3,551,265
  • Number of funding rounds: 4
  • Number of investors: 4

You can find their website here.

9) LottieFiles

9) LottieFiles

Designers can share, test, and iterate mini animations using LottieFiles' mobile-based platform.

Details of the startup:

  • Started in: 2017
  • Founders: Kshitij Minglani, Nattu Adnan, Shafiu Hussain
  • Industries: Animation, Graphic Design, Web Design
  • Number of employees: 11-50
  • Funding amount: $9,000,000
  • Number of funding rounds: 3
  • Number of investors: 3

You can find their website here.

10) Dropee

10) Dropee

Dropee is a SaaS-based marketplace that uses an ordering software to link small independent businesses with brands.

Details of the startup:

  • Started in: 2017
  • Founders: Aizat Rahim, Lennise Ng
  • Industries: B2B, E-Commerce, Marketplace, Procurement, Retail Technology, SaaS
  • Number of employees: 11-50
  • Funding amount: $1,873,019
  • Number of funding rounds: 5
  • Number of investors: 10

You can find their website here.

11) ezbuy

11) ezbuy

Buy Globally, Locally | Your Global Shopping Platform in One Place

Details of the startup:

  • Started in: 2010
  • Founders: Wendy Liu
  • Industries: Delivery, E-Commerce, Logistics, Marketplace, Shopping
  • Number of employees: 501-1000
  • Funding amount: $37,600,000
  • Number of funding rounds: 4
  • Number of investors: 7

You can find their website here.

12) Jirnexu

12) Jirnexu

Jirnexu provides FSIs and service providers with end-to-end digital acquisition tools and solutions.

Details of the startup:

  • Started in: 2012
  • Founders: Cedric Viver, Hann Liew, James Barnes, James Wong, Lucas Ooi, Yuen Tuck Siew
  • Industries: Banking, CRM, Financial Services, FinTech, Insurance
  • Number of employees: 101-250
  • Funding amount: $37,000,000
  • Number of funding rounds: 6
  • Number of investors: 14

You can find their website here.

13) FashionValet

13) FashionValet

FashionValet is an online fashion and beauty retailer that operates independently.

Details of the startup:

  • Started in: 2010
  • Founders: Fadzarudin Anuar, Vivy Yusof
  • Industries: E-Commerce, Fashion
  • Number of employees: 11-50
  • Funding amount: $6,433,333
  • Number of funding rounds: 5
  • Number of investors: 4

You can find their website here.

14) MyMy

14) MyMy

MyMy is a financial technology company that specializes in digital payments and financial inclusion.

Details of the startup:

  • Started in: 2018
  • Founders: Joe McGuire, Kishore Samuel
  • Industries: Banking, Financial Services, FinTech
  • Number of employees: 1-10
  • Funding amount: $4,135,362
  • Number of funding rounds: 2
  • Number of investors: 1

You can find their website here.

15) iMoney Group

15) iMoney Group

iMoney is a financial aggregator that empowers Malaysians to make #IntelligentMoney decisions in all aspects of their lives.

Details of the startup:

  • Started in: 2012
  • Founders: Bruno Araujo, Ching Wei Lee
  • Industries: Finance, Financial Services, FinTech, Internet
  • Number of employees: 101-250
  • Funding amount: $10,806,166
  • Number of funding rounds: 5
  • Number of investors: 9

You can find their website here.

16) Unclezam Holding Berhad

16) Unclezam Holding Berhad

Unclezam Holding Berhad is a Malaysian investment holding company specializing on Halal and Syariah products and services.

Details of the startup:

  • Started in: 2017
  • Founders: Norizam Tukiman
  • Industries: Food and Beverage, Hotel, Pharmaceutical, Retail, Wholesale
  • Number of employees: 51-100
  • Funding amount: $3,505,387
  • Number of funding rounds: 4
  • Number of investors: 2

You can find their website here.

17) Jibble Group

17) Jibble Group

Jibble, a time and attendance app, and PayrollPanda, a payroll app for Malaysian SMEs, are both owned by Jibble, a SaaS start-up.

Details of the startup:

  • Started in: 2016
  • Founders: Asim Qureshi, Fawad Akram, Mikhail Kafanov, Sani Gouw, Toine Vaessen
  • Industries: SaaS, Software
  • Number of employees: 51-100
  • Funding amount: $3,800,000
  • Number of funding rounds: 2
  • Number of investors: 3

You can find their website here.

18) Common Ground

18) Common Ground

Common Ground is a co-working facility that strives to create a community that is both sustainable and integrated.

Details of the startup:

  • Started in: 2016
  • Founders: Erman Akinci, Juhn Teo
  • Industries: Collaboration, Coworking, Hospitality, Property Development, Real Estate
  • Number of employees: 51-100
  • Funding amount: $20,000,000
  • Number of funding rounds: 2
  • Number of investors: 1

You can find their website here.

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