The Startup Ecosystem of Yangon

Home to 92% of Myanmar’s startups, Yangon boasts a vibrant startup ecosystem that is ranked 545 in the world.


While Yangon decreased by 53 spots in its global rank in the Global Startup Ecosystem Index of 2022, its ranking in Myanmar remained stable at 1 nationally since 2021.

National Ranking

In Myanmar

Regional Ranking

In South East Asia

Global Ranking

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The Startup Ecosystem in Yangon

Startups in Yangon excel in Ecommerce & Retail, Software and Data, and Ecommerce & and Retail. There are some notable success stories contributing to the city’s growing Ecommerce & Retail industry. One of the most promising startups in Yangon in 2022 is Wave Money, Oway, and Frontiir.

Global Rank

Yangon is ranked within the top 1000 startup ecosystems globally.

Top Industries

Yangon’s startups excel particularly in Ecommerce & Retail where it ranks 322 and in Software and Data, and Ecommerce & Retail. Find out more

Top Cities for Startups in Myanmar - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
2022 National Rank & Change ▲
2022 National Rank & Change City
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Notable Startups in Yangon
Wave Money startup icon
Wave Money
Oway startup icon
Frontiir startup icon


Successful Ecommerce & Retail startups in Yangon
Chate Sat startup icon
Chate Sat
New Home Realty startup icon
New Home Realty


Startups Ranking by Industry

Ecommerce & Retail icon
Ecommerce & Retail
#322 worldwide

On our map, you can explore a total of 7 startups for Ecommerce & Retail.

Software and Data icon
Software and Data
#632 worldwide

In South East Asia, Yangon's Software and Data is in top 632. Yangon has a concentration of about 0% of the country's total Software and Data startups that are represented on our map.

Ecommerce & Retail icon
Ecommerce & Retail
3 startups

Our database contains 3 startups for this industry.

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Why should you join Yangon's Startup Ecosystem?


Within Yangon there is an increased attraction for entrepreneurs to set up their startups in industries such as Ecommerce & Retail, Software and Data, Ecommerce & Retail. These three industries represent about 64% of the startups represented on the Startup Ecosystem Map of Yangon.


National Rank


Regional Rank


Yangon is Myanmar's 1st best startup ecosystem and is ranked 11th in South East Asia. With a population of <0.1M people, Yangon is ranked th in the world. The city boasts some notable startup success stories including Wave Money.

Featured Ecosystem Portals

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If you are a startup ecosystem developer in Yangon, you can grow your startup economy by becoming a partner.

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Recent Posts

Tue Mar 14 2023

EP 33: Do Small Countries Have an Edge in Building a startup Ecosystem?

Do small countries have an edge in building a startup ecosystem? In this episode, the StartupBlink team and Eli David discuss the unique advantages of small countries for building a thriving ecosystem. In StartupBlink’s Global Startup Ecosystem Index 2022, 9 out of the top 20 highest-ranked countries had a population of less than 10 million, […]

Wed Mar 08 2023

How can collaborating with StartupBlink as an ecosystem partner help your ecosystem and organization?

Collaborating with StartupBlink as a data partner can bring a range of benefits to your organization and ecosystem. As the most comprehensive startup ecosystem map and research center, we publish the Global Startup Ecosystem Index Report (GSEI) annually, ranking the top 1,000 cities and 100 countries worldwide.  StartupBlink’s GSEI is based on an elaborate algorithm […]

Tue Feb 28 2023

The Top 30 Countries by Absolute Power in 2022

What is Absolute Power? Generally, StartupBlink’s GSEI scoring algorithm calibrates the countries’ total score to their population size to check the startup outputs of countries per capita.   The “Absolute Power” algorithm ignores the size of the population and looks at the absolute amount of startup output per country to compare their dominance regardless of population […]