Top Unicorns in South East Asia for 2024

In South East Asia, we rank 32 unicorns based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Unicorns in South East Asia are falling behind the performance of their global counterparts.

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Top Unicorns in South East Asia for 2024

SB Score:821

Traveloka is a leading Southeast Asian travel platform, offering everything from flights and hotels to lifestyle services, streamlining travel planning.

Industry:
Social & Leisure
Subindustry:
Travel

City Rank (Jakarta)

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SB Score:809

Flash Express is a top Thai logistics and courier service with a reliable parcel delivery system and widespread coverage throughout Thailand.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Bangkok)

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SB Score:765

Specializing in e-commerce logistics, our startup offers cutting-edge technology solutions to streamline operations and meet business objectives. We help businesses optimize their logistics processes and achieve success in the online marketplace.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Singapore City)

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National Rank (Singapore)

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Total amount:32

Most Valuable Unicorns in South East Asia for 2024

The top three most valuable unicorns in South East Asia have raised total funding of more than USD 26.7KM. Among the top three funded unicorns, the most popular industry, based on total funding, is Transportation.

SB Score:758

J&T Express is a leading global logistics company specializing in fast and reliable delivery services for the growing e-commerce sector. Their efficient solutions cater to businesses looking for seamless shipping options worldwide.

Industry:
Transportation
Subindustry:
Logistics

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SB Score:374

HyalRoute provides shared communication fiber network and offers access to international connectivity capabilities and value-added services.

Industry:
Hardware & IoT
Subindustry:
Hardware & IoT-Other

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SB Score:736

Emeritus partners with universities to offer online courses for global working professionals, creating accessible education opportunities.

Industry:
Edtech
Subindustry:
Edtech

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Total amount:32

Top Hiring Unicorns in South East Asia by Employee Number

The top three hiring unicorns in South East Asia have an average employee size that is larger than to the global average. Among these, the Transportation industry features the unicorn with the largest workforce.

SB Score:809

Flash Express is a top Thai logistics and courier service with a reliable parcel delivery system and widespread coverage throughout Thailand.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Bangkok)

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National Rank (Thailand)

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SB Score:758

J&T Express is a leading global logistics company specializing in fast and reliable delivery services for the growing e-commerce sector. Their efficient solutions cater to businesses looking for seamless shipping options worldwide.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Jakarta)

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SB Score:664

Kopi Kenangan is an up-and-coming coffee chain in Indonesia, using a tech-driven 'grab & go' approach for quick service. With rapid growth, they aim to revolutionize the coffee industry.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Jakarta)

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SB Score:586

Ascend Money offers a complete eCommerce platform, digital marketing solutions, data centers, cloud services, and venture capital. Their services cater to startups looking to establish a strong online presence and secure funding for growth.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Bangkok)

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National Rank (Thailand)

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Global Rank (WorldWide)

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Total amount:32

Explore the Startup Ecosystem of South East Asia

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Best Fintech Startups in South East Asia for 2024

South East Asia startups in the Fintech industry are overperforming their global industry peers. The top three Fintech unicorns in South East Asia have raised more than USD 814M, an amount that is higher than the global industry average.

SB Score:752

Coda Payments enables digital content providers to easily monetize their offerings across over forty markets. With Coda, businesses can efficiently generate revenue from their products and services, reaching a global audience with streamlined payment solutions.

Industry:
Fintech
Subindustry:
Payments

City Rank (Singapore City)

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2nd

DANA
SB Score:733

DANA is a TechFin company in Indonesia, providing inclusive financial services for seamless transactions. Empowering individuals for a better quality of life, DANA aims to be a key player in the digital economy, offering accessible and convenient solutions for all.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Jakarta)

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National Rank (Indonesia)

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Global Rank (WorldWide)

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3rd

Momo
SB Score:721

MoMo offers a cutting-edge payment experience with a range of exciting features for customers in Vietnam. Our goal is to make mobile payments the go-to platform in the country, bringing the benefits of Financial Technology to all Vietnamese.

Industry:
Fintech
Subindustry:
Payments

City Rank (Ho Chi Minh City)

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National Rank (Vietnam)

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Global Rank (WorldWide)

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Total amount:12

Best Countries for Startups

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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Global RankCountryTotal Score

Access subscores for 1000 cities and 100 countries

Quantity Score
Quality ScoreBusiness Score
1st
0
United States
215.001
00.00
00.00
00.00
2nd
0
United Kingdom
55.995
00.00
00.00
00.00
3rd
0
Israel
51.557
00.00
00.00
00.00
4th
0
Canada
38.254
00.00
00.00
00.00
5th
+
1
Singapore
37.736
00.00
00.00
00.00
6th
-
1
Sweden
27.024
00.00
00.00
00.00
7th
0
Germany
25.830
00.00
00.00
00.00
8th
0
France
24.894
00.00
00.00
00.00
9th
+
1
The Netherlands
24.462
00.00
00.00
00.00
10th
+
1
Switzerland
24.081
00.00
00.00
00.00
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