StartupBlink

1005 Top startups in Malaysia for August 2026

We rank TNG Digital, LottieFiles and EasyParcel in Malaysia along with 1002 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Malaysia startup ecosystem ranks #41 globally and #2 in South East Asia.

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Top Unicorn Startups in Malaysia for 2026

Carsome is the only unicorn in Malaysia raising more than USD 1.7B. It is the undefined ranked unicorn in South East Asia.
1st
Carsome logo
CarsomeSB Score: 673

Carsome is a used car e-commerce platform that provides efficient car selling services to individuals and entities.

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Website
www.carsome.my
Employee range
1,001 – 5,000
Web Traffic (Monthly)
Funding amount
$577.4M
National Rank(Malaysia)
Regional Rank(South East Asia)
Global Rank(Worldwide)

Total amount:1

Best Startups in Malaysia for 2026

1st
TNG Digital logo
TNG DigitalSB Score: 657

TNG Digital is an e-wallet operator of digital wallet and online payment platform for urban mobility. The company allows users to make payments at over 280,000 merchant touch points via QR code, pay for tolls, street parking, payment on e-hailing, car-sharing apps or taxis via RFID or PayDirect, pay bills, top-up mobile prepaid, pay for purchases on e-commerce websites or apps, order food delivery, perform peer-to-peer money transfers, renew car insurance and purchase unique insurance plans, and purchase movie, bus, trains, and airline tickets. TNG Digital was founded in July 2017 and is headquartered in Kuala Lumpur, Malaysia.

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Website
www.tngdigital.com.my
Employee range
501 – 1,000
Web Traffic (Monthly)
Funding amount
$243.4M
National Rank(Malaysia)
Regional Rank(South East Asia)
Global Rank(Worldwide)
2nd
LottieFiles logo
LottieFilesSB Score: 561

LottieFiles is a micro animation design company that features a mobile-based platform that enables designers to share, test, and iterate micro animations. Its software platform specializes in digital art, motion graphics, web design, and app design.

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Website
lottiefiles.com
Employee range
51 – 100
Web Traffic (Monthly)
Funding amount
$46M
National Rank(Malaysia)
Regional Rank(South East Asia)
Global Rank(Worldwide)
3rd
EasyParcel logo
EasyParcelSB Score: 512

EasyParcel is an online booking platform for parcel delivery. It allows booking parcel delivery in Singapore or worldwide at an affordable rate from various established courier firms. Users’ may pick the marketing tools to improve their brand recognition and every SGD spent from customers will be in return for ‘EasyParcel Reward’ points for redeemable merchandise. The plaform offers strong logistical support for both single and bulk orders. Comprehensive tools meet users' expectations for a seamless, time- and money-saving experience when processing a consignment for delivery.

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Website
easyparcel.com
Employee range
51 – 100
Web Traffic (Monthly)
Funding amount
$13.5M
National Rank(Malaysia)
Regional Rank(South East Asia)
Global Rank(Worldwide)
4th
ADA logo
ADASB Score: 494

ADA is end-to-end commerce excellence, from marketing and content optimization to store operations offers comprehensive messaging solutions and extensive integration knowledge.

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Website
ada-asia.com
Employee range
1,001 – 5,000
Web Traffic (Monthly)
Funding amount
$138M
National Rank(Malaysia)
Regional Rank(South East Asia)
Global Rank(Worldwide)
6th
StoreHub logo
StoreHubSB Score: 485

StoreHub is the operating system of successful omnichannel businesses. The platform enables retail and F&B entrepreneurs to automate the growth of their revenue and customer base, as well as the entire process of running their operations. As a venture-backed startup, they have been growing exponentially over the last 6 years and now serve over 12,000 businesses across Southeast Asia from their offices in Kuala Lumpur, Shanghai, Manila, and Bangkok. Its goal is to build a culture of meaningful work, where every person on the team works towards a shared vision while engaging their role in a personally satisfying manner. The people who succeed with them are most clearly defined by their competency and humility. These are the values that are most important to them and they expect this of every team member at StoreHub starting with their leadership team.

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Website
www.storehub.com
Employee range
251 – 500
Web Traffic (Monthly)
Funding amount
$50.9M
National Rank(Malaysia)
Regional Rank(South East Asia)
Global Rank(Worldwide)
7th
BigPay logo
BigPaySB Score: 482

BigPay is revolutionizing financial services in ASEAN by disrupting traditional banking. Their goal is to make financial services accessible to all by providing a user-friendly alternative.

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Website
www.bigpayme.com
Employee range
251 – 500
Web Traffic (Monthly)
Funding amount
$135M
National Rank(Malaysia)
Regional Rank(South East Asia)
Global Rank(Worldwide)
8th
Involve Asia Technologies logo

Involve Asia is a performance marketing tech company working to redefine the marketing space to allow wider access for publishers. It provides the infrastructure, publisher access, resource management, and partnership integrations needed by tracking and identifying audience insights to understand affiliate’s influence on key metrics such as lifetime value, average basket size, and gross merchandise volume and work with premium mainstream partners who have affiliate integrations with the company. Brands can tap into their massive each and leverage on their engaged audiences to drive both branding and sales simultaneously. Brands can also identify affiliates to discover the full potential of relationships and benefits of affiliate partnerships through its affiliate database ecosystem. Involves's platform manages affiliate relationships by centralizing commission payouts to affiliates instantaneously. Jimmy How established the Kuala Lumpur, Kuala Lumpur-located company in 2014.

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Website
involve.asia
Employee range
101 – 250
Web Traffic (Monthly)
Funding amount
$10M
National Rank(Malaysia)
Regional Rank(South East Asia)
Global Rank(Worldwide)
9th
Bateriku logo
BaterikuSB Score: 478

'Azarol Faizi is the Founder & CEO of Bateriku Group of Companies, Malaysia’s leading Vehicle Ownership Experience Service Provider' Azarol Faizi is a Malaysian entrepreneur and the Founder and CEO for Bateriku Group of Companies – a Vehicle Ownership Experience platform that provides breakdown and maintenance solutions directly to vehicle owners via technology and gig economy. Today, there are 3 companies under Bateriku Group of Companies namely Bateriku (M) Sdn. Bhd., Akademi Bateriku Sdn. Bhd. and BPlaz (M) Sdn. Bhd. Azarol previously founded Astra Manufacturing, a battery manufacturing factory that primarily supplies automotive and industrial batteries to OEM and REM companies such as Proton, Perodua, Mitsubishi, Petronas and Telekom. Azarol’s vision was to ultimately make it easy and seamless for vehicle owners to receive solutions and support to anything and everything that is related to their vehicle. He wanted to create a sustainable ecosystem of automotive product and service providers that prioritize awesome customer experience, every time, all the time. Inspired by the tech disruption created by MyTaxi and Uber in Malaysia, Azarol saw the gap in the market for battery replacement for vehicle owners. In 2014, he pivoted his 7-person team to establish Bateriku.com – an online platform that enable vehicle owners to find on-demand solution to that dreadful #battkong experience via its well trained and equipped crowdsourced technicians or BHero. In 2015, Bateriku.com started to build a network of Dealers under the ‘BPreneur’ Program to establish its unique selling proposition of Nationwide Warranty Assistance. The BPreneur program has enabled the opening of more than 150 Bateriku retail outlets or Pitstops nationwide including in Sabah and Sarawak. In 2017, Bateriku launched its Bateriku Customer App for a seamless after-sales customer experience that complements existing touchpoints of 24/7 hotline number, web booking, whatsapp and social media enquiries. In 2019, the group expanded its on-demand battery solution by offering full-fledged Roadside Assistance to vehicle owners under BPlaz. The solutions offered include towing, tyre replacement, fuel top-up and car lock-out services. The services are fulfilled by either its BHero network or workshop partners under the ‘BBuddy’ program. In the same year, Bateriku was appointed as Etiqa Insurance’s service provider to serve Etiqa’s 2.5Million insurance subscribers. To date, Bateriku has served close to 1.2 Million vehicle owners and has shared more than RM12 Million in commission payouts within its ecosystem partners. The group reached multiple milestones in 2022 when it was appointed by Allianz Malaysia to serve Allianz’s 3.5 Million subscribers. In the same year, Persatuan Insurans Malaysia (PIAM) also appointed Bateriku as a licensed insurance agent. The biggest milestone for the group happened on May 22 with the launching of Bateriku’s very own automotive product range under the Astra brand by Bateriku.com. Since the introduction of Astra batteries, Bateriku has managed to sell more than 200,000 units of batteries nationwide. More recently, the Astra brand has also introduced exclusive Astra wiper blades to the Malaysian market since April 2023. Azarol is determined to bring in more fast-moving products under the Astra brand for the benefit of not just vehicle owners, but also to its ecosystem partners. Today, the group has built an ecosystem comprising close to 1,000 BHeros, 100 BPreneurs and approximately 3,000 BBuddys to fulfil the growing demand for battery and roadside assistance solutions. Bateriku today collaborates with prominent brands including Allianz, Etiqa, Socar, Gocar, Touch & Go, Setel and Grab by providing multiple value-added offerings to respective partner’s ecosystem. In January 2023, Bateriku established Akademi Bateriku – a training centre that primarily aims to streamline on-the-ground deliverables to its growing ecosystem. Akademi Bateriku received endorsement from HRDF for its multi-level certification programs that includes vehicles systems troubleshooting as well as EV and Hybrid systems. Concurrently, Bateriku also established its first BGarage – a workshop model designed and operated by Bateriku to accommodate customers with non-related battery issues such as alternator and starter issues. The establishment of BGarage value-adds to the overall customer experience for Bateriku’s existing and potential customers. Recently, Bateriku signed a Memorandum of Contract with TowMe Asia – a roadside assistance company based in Singapore to provide cross-border solutions to travellers to/from Malaysia and Singapore respectively. In its pipeline, the group is looking to solidify its position by digitizing the 3 verticals of Battery, Breakdown and Bengkel into an inclusive automotive digital platform called ‘Bazaar.’ Enabled by its priority on customer experience and the advancement of technology, the group has evolved from a brick-and-mortar battery reseller to providing real solutions very much needed by vehicle owners, not just in Malaysia and Singapore but soon to other ASEAN countries.

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Website
www.bateriku.com
Employee range
101 – 250
Web Traffic (Monthly)
Funding amount
$10.1M
National Rank(Malaysia)
Regional Rank(South East Asia)
Global Rank(Worldwide)
10th
Pandai logo
PandaiSB Score: 474
EdtechEdtech

Pandai is an education app that offers a personalized learning experience through curriculum-based daily quizzes, tests, exams, and videos to help students get better grades.

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Website
www.pandai.org
Employee range
101 – 250
Web Traffic (Monthly)
Funding amount
$1.7M
National Rank(Malaysia)
Regional Rank(South East Asia)
Global Rank(Worldwide)
11th
Teleport logo
TeleportSB Score: 461

Teleport is to make it easy and seamless to move goods and e-commerce anywhere in Southeast Asia. It should simply work, like magic.

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Website
teleport.asia
Employee range
251 – 500
Web Traffic (Monthly)
Funding amount
$50.1M
National Rank(Malaysia)
Regional Rank(South East Asia)
Global Rank(Worldwide)

Total amount:612

Most Funded Startups in Malaysia for 2026

The top three most funded startups in Malaysia have raised total funding of more than USD 633M. TNG Digital has 0.22% more funding than Digital Nasional Berhad.
1st
TNG Digital logo
TNG DigitalSB Score: 657

TNG Digital is an e-wallet operator of digital wallet and online payment platform for urban mobility. The company allows users to make payments at over 280,000 merchant touch points via QR code, pay for tolls, street parking, payment on e-hailing, car-sharing apps or taxis via RFID or PayDirect, pay bills, top-up mobile prepaid, pay for purchases on e-commerce websites or apps, order food delivery, perform peer-to-peer money transfers, renew car insurance and purchase unique insurance plans, and purchase movie, bus, trains, and airline tickets. TNG Digital was founded in July 2017 and is headquartered in Kuala Lumpur, Malaysia.

View Full Page
Website
www.tngdigital.com.my
Employee range
501 – 1,000
Web Traffic (Monthly)
Funding amount
$243.4M
National Rank(Malaysia)
Regional Rank(South East Asia)
Global Rank(Worldwide)
3rd
ADA logo
ADASB Score: 494

ADA is end-to-end commerce excellence, from marketing and content optimization to store operations offers comprehensive messaging solutions and extensive integration knowledge.

View Full Page
Website
ada-asia.com
Employee range
1,001 – 5,000
Web Traffic (Monthly)
Funding amount
$138M
National Rank(Malaysia)
Regional Rank(South East Asia)
Global Rank(Worldwide)

Total amount:612

Top Hiring Startups in Malaysia by Employee Number

The top three hiring startups in Malaysia have an median employee size that is between [10001+]
1st
Adwork logo
AdworkSB Score: 202

Life Corporation offers supermarkets that focus on the retail of seafood products, bakery products, food products, fresh fruit and vegetables, meat products, clothing, toilet paper, and craft products.

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Website
adwork.io
Employee range
10,001+
Web Traffic (Monthly)
Funding amount
National Rank(Malaysia)
Regional Rank(South East Asia)
Global Rank(Worldwide)
2nd
Juwai IQI logo
Juwai IQISB Score: 174

Juwai IQI is the Asian real estate technology group that empowers residents of Asia to become residents of the world, transacted more than 17,000 properties in 2020, engages 5.5 million monthly active users, and advertises US$4 trillion of property from 111 countries every year. The company offers real estate marketers an end-to-end marketing and sales solution that integrates its super-app, its IQI global network of more than 15,000 real estate agents, and its market-leading property marketplaces, which are the number one Chinese international real estate portal (Juwai.com) and the first Asia-wide portal for global property (Juwai.asia).

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Website
www.juwaiiqi.com
Employee range
10,001+
Web Traffic (Monthly)
Funding amount
National Rank(Malaysia)
Regional Rank(South East Asia)
Global Rank(Worldwide)
3rd
Ubitto logo
UbittoSB Score: 221
EdtechEdtech

It was in St. John's, Newfoundland and Labrador that Fortis Inc. ("Fortis" or the "Corporation") had its beginnings with the formation of the St. John's Electric Company in 1885. That was only a few years after Thomas Edison introduced the first commercial use of electricity for lighting. The St. John's Electric Company would eventually evolve into Newfoundland Power Inc. ("Newfoundland Power"), the first wholly owned subsidiary of Fortis. The Corporation was established as the parent company of Newfoundland Power on December 29, 1987.

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Website
ubitto.com
Employee range
5,001 – 10,000
Web Traffic (Monthly)
Funding amount
National Rank(Malaysia)
Regional Rank(South East Asia)
Global Rank(Worldwide)
4th
SemuaPay logo
SemuaPaySB Score: 158

SemuaPay is a financial services company that offers a platform for users to easily pay utility bills or top up prepaid services. The company provides a range of services including e-Ticketing, Gold, Prepaid, Bill Payment, Pin, Postpaid, Gaming, and Internet Data. SemuaPay also offers a unique service where users can pay or purchase Razer Gold and Air Perak and earn significant cashback. Additionally, the company offers premium, limited edition, and certified 1 gram gold bullion exclusively by SPGold, which is delivered directly to the customer's doorstep.

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Website
semuapay.com
Employee range
5,001 – 10,000
Web Traffic (Monthly)
Funding amount
National Rank(Malaysia)
Regional Rank(South East Asia)
Global Rank(Worldwide)

Total amount:1005

Explore More Top Startups

Explore the Startup Ecosystem of Malaysia

Population

(Malaysia)

34.3 Million

new

Regional Rank

(South East Asia)

2nd

1

Global Rank

(WorldWide)

41st

2

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Top Cities for Startups in Malaysia - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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