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August 23, 2021

The 9 Fastest Growing Startups from Selangor

There are hundreds of fast-growing startups in Selangor and we have compiled the 9 best ones in this blog article.

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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

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.

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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.

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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

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.

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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.

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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.

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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.

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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.

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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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