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The 9 Fastest Growing Startups from Selangor

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In terms of entrepreneurship and business, Selangor has evolved into one of the top emerging hubs in the world.

Hundreds of startup companies have been founded there in the last years, many of which are enjoying incredible success.

We've compiled a list with the 9 most successful ones.


9 Startups in Selangor

1) Aerodyne Group

1) 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 amount: $30,000,000
  • Number of funding rounds: 3
  • Number of investors: 9

You can find their website here.

2) Lapasar.com

2) Lapasar.com

Lapasar.com is an e-Procurement, logistics, warehousing, and payments-focused supply chain system.

Details of the startup:

  • Started in: 2016
  • Founders: Lakshman Das, Thinesh Kumar
  • Industries: Consulting, E-Commerce, Information Technology, Internet, Software
  • Number of employees: 11-50
  • Funding amount: $2,511,208
  • Number of funding rounds: 5
  • Number of investors: 6

You can find their website here.

3) StoreHub

3) 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 amount: $15,017,000
  • Number of funding rounds: 5
  • Number of investors: 7

You can find their website here.

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4) CapBay

4) CapBay

CapBay is a Malaysia-based peer-to-peer (P2P) supply chain finance platform.

Details of the startup:

  • Started in: 2016
  • Founders: Ang Xing Xian, Darrel Ang, Dion Tan, Edwin Tan
  • Industries: Finance, Financial Services, FinTech, Lending, Peer to Peer, Supply Chain Management
  • Number of employees: 51-100
  • Funding amount: $20,477,379
  • Number of funding rounds: 2
  • Number of investors: 1

You can find their website here.

5) Kaodim Group

5) Kaodim Group

Kaodim is an online service marketplace that assists our consumers in locating and hiring qualified service providers.

Details of the startup:

  • Started in: 2014
  • Founders: Fui Yu Choong, Jeffri Cheong
  • Industries: Customer Service, Freight Service, Home Services, Housekeeping Service, Marketplace, Online Portals, Professional Services
  • Number of employees: 101-250
  • Funding amount: $11,550,000
  • Number of funding rounds: 3
  • Number of investors: 7

You can find their website here.

6) TheLorry.com

6) TheLorry.com

TheLorry.com is a website that allows you to reserve a lorry quickly and easily. In less than 30 seconds, you can get at least five quotes and hire a vehicle.

Details of the startup:

  • Started in: 2014
  • Founders: Nadhir Ashafiq
  • Industries: Internet, Price Comparison, Transportation
  • Number of employees: 11-50
  • Funding amount: $7,350,000
  • Number of funding rounds: 4
  • Number of investors: 8

You can find their website here.

7) BookDoc

7) BookDoc

The company was formed with the goal of improving healthcare access and maximizing human resources.

Details of the startup:

  • Started in: 2015
  • Founders: Dato' Chevy Beh, Joel Neoh Eu-Jin
  • Industries: Health Care, Mobile, Professional Services
  • Number of employees: 11-50
  • Funding amount: $2,000,000
  • Number of funding rounds: 3
  • Number of investors: 9

You can find their website here.

8) Carsome

8) 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 amount: $107,350,000
  • Number of funding rounds: 8
  • Number of investors: 15

You can find their website here.

9) Merchantrade

9) 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 amount: MYR50,000,000
  • Number of funding rounds: 3
  • Number of investors: 3

You can find their website here.

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