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Top 4 Startups in Petaling Jaya in 2024

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There’s no doubt that the startup scene in Petaling Jaya is unique.

The city has created dozens of successful startups, over the years.

Some of them are already worth billions of dollars.

So whether you’re looking to start your own business, or just interested in learning about fast-growing startups from Petaling Jaya, here’s an extensive list of 4 startups founded there.


4 Startups in Petaling Jaya

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1,016 Unicorns

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1) Aerodyne Group

Aerodyne Group

Aerodyne Group is a global provider of drone-based managed solutions.

Details of the startup:

  • Started in: 2014
  • Founders: Kamarulazman Muhamed
  • Industries: Drone Management
  • Number of employees: 101-250
  • Funding: $30,000,000
  • Funding rounds: 3
  • Number of investors: 9 (500 Startups, Gobi Partners, Drone Fund, Kejora Capital, Leave a Nest)

You can find their website here.

2) StoreHub

StoreHub

StoreHub is an omnichannel operating system used by over 12,000 retail and food-and-beverage establishments in Southeast Asia.

Details of the startup:

  • Started in: 2013
  • Founders: Congyu Li, Wai Hong Fong
  • Industries: Android, CRM, E-Commerce Platforms, Enterprise Software, iOS, Loyalty Programs, Point of Sale, Retail Technology, Small and Medium Businesses, Software
  • Number of employees: 251-500
  • Funding: $15,017,000
  • Funding rounds: 5
  • Number of investors: 7 (500 Startups, Vertex Ventures, Vertex Ventures Southeast Asia & India, Accord Ventures, Fintonia Group)

You can find their website here.

3) Carsome

Carsome

Carsome is an online used automobile marketplace that helps people and businesses sell cars quickly.

Details of the startup:

  • Started in: 2015
  • Founders: Eric Cheng, Jiun Ee Teoh
  • Industries: Automotive, E-Commerce Platforms, Shopping
  • Number of employees: 501-1000
  • Funding: $107,350,000
  • Funding rounds: 8
  • Number of investors: 15 (500 Startups, Endeavor Catalyst, InnoVen Capital, Gobi Partners, Burda Principal Investments)

You can find their website here.

4) Merchantrade

Merchantrade

Using cutting-edge technology, Merchantrade creates first-to-market cross-border, multi-currency payment solutions.

Details of the startup:

  • Started in: 1997
  • Industries: Financial Services, Mobile Payments, Payments, Transaction Processing
  • Number of employees: 251-500
  • Funding: MYR50,000,000
  • Funding rounds: 3
  • Number of investors: 3 (Sumitomo Corporation, Celcom, Kenanga Investment Bank Berhad)

You can find their website here.

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