Malaysia's Top 10 Startups That Tech Professionals Should Watch Out For in 2025
Last Updated: December 8th 2024
Too Long; Didn't Read:
Malaysia's tech startup ecosystem is thriving in 2025, fueled by government initiatives and a USD 3 billion fintech market projected to grow at 30% CAGR. Over 17,400 startups, including unicorns, are capitalizing on an $11 billion e-commerce market. Key players like Naluri and Paywatch are innovating healthcare and fintech, respectively. Major investments and programs such as MyDIGITAL and KL20 GPU Scheme bolster startup growth, creating significant opportunities in AI, blockchain, and digital infrastructures. The ICT sector is primed to contribute 25.5% to Malaysia's GDP.
Malaysia's tech scene is absolutely crushing it in 2025, with Prime Minister Anwar Ibrahim's ambitious plan to create 5,000 startups well underway.
The ecosystem is booming thanks to the fresh government initiatives like the National Digital Identity System and Single Window Initiative, making it super easy for startups to launch and grow.
What's really exciting is that Kuala Lumpur ranks as Southeast Asia's third-best startup hub, with the e-commerce market expected to hit $11 billion this year.
The government's putting serious money where its mouth is, investing about RM 1 billion in startup initiatives. Plus, Malaysia's killing it in sectors like Edtech, E-commerce, and Marketing, with programs like SME Go Digital and the KL20 GPU Scheme helping new companies get off the ground.
The ecosystem's already home to over 17,400 startups, including two unicorns, and with hot sectors like fintech growing at a 20% annual rate, tech professionals have tons of opportunities to jump into innovative projects.
Whether you're into AI, e-commerce, or green tech, Malaysia's startup scene is definitely the place to be right now.
Table of Contents
- Methodology for Selecting Top Startups
- Naluri: Revolutionizing Digital Healthcare
- Paywatch: Transforming Financial Wellness
- Torum: Innovating SocialFi Ecosystems
- Durioo+: Educational Streaming for Children
- FoodMarket Hub: Automating F&B Operations
- iPrice Group: Enhancing E-commerce Experience
- DoctorOnCall: Pioneering Digital Health Consultations
- Aerodyne Group: Leading Drone Technology
- Kitamen: E-sports Advocacy and Community Building
- Conclusion: The Future of Malaysia’s Tech Startups
- Frequently Asked Questions
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Methodology for Selecting Top Startups
(Up)The process of identifying Malaysia's top startups follows a data-driven approach based on five key success factors: Performance, Funding, Talent & Experience, Market Reach, and Knowledge.
When evaluating startups, we look at their innovation potential through technological advancement and R&D initiatives. The assessment includes growth metrics, with successful Malaysian startups showing impressive user growth rates averaging 35% annually.
Investment trends are particularly telling - venture capital funding and revenue trajectories serve as crucial indicators of a startup's scalability potential.
The Malaysian startup ecosystem has attracted significant investment, with funding rounds reaching record levels in recent years. Market impact plays a central role in the evaluation, measured through the startup's ability to create new market segments or transform existing ones.
According to recent ecosystem rankings, Malaysian startups have been making waves in the Asian startup landscape, with several breaking into the Top 200 Emerging Ecosystems.
The methodology considers both quantitative metrics, like financial performance and market share, and qualitative factors, such as innovation potential and team expertise.
This comprehensive approach helps identify startups that not only show promising growth but also contribute to Malaysia's vision of becoming a leading tech hub in Southeast Asia.
Government initiatives, including tax incentives and grants, combined with a growing pool of tech talent, have created a fertile ground for startup success. This systematic evaluation ensures we spotlight startups that demonstrate real potential for sustainable growth and meaningful impact in the tech ecosystem.
Naluri: Revolutionizing Digital Healthcare
(Up)Naluri stands out as a game-changer in Malaysia's digital healthcare scene, offering comprehensive mental and physical health solutions that actually work.
Their digital platform isn't just another health app - it's backed by real clinical results, showing up to 60% of users experiencing significant health improvements.
They've created this all-in-one ecosystem that includes 24/7 mental health support, coaching from licensed professionals, and personalized health tracking. Based on recent research studies, their approach is seriously effective, especially in helping people manage chronic conditions like diabetes and heart disease.
Their platform is getting amazing feedback - they're seeing like 56% reduction in both depression and anxiety symptoms among users. What makes Naluri particularly innovative is their focus on preventive care and early intervention, using smart tech to catch health issues before they become major problems.
They've already helped more than 500,000 people across Southeast Asia and work with over 200 companies, proving they're not just another startup with big dreams - they're actually making healthcare better and more accessible for everyone.
The platform combines AI-powered insights with human expertise, creating this perfect blend of tech and personal touch that's changing how people think about managing their health.
Whether you're dealing with stress, trying to eat better, or managing a chronic condition, their holistic approach tackles it all. It's pretty impressive how they've managed to make something so comprehensive yet still user-friendly.
Paywatch: Transforming Financial Wellness
(Up)Paywatch is revolutionizing financial wellness in Malaysia through its earned wage access (EWA) service, which lets employees tap into their earned wages before payday.
The company just secured an impressive US$30 million funding round in 2024, proving they're seriously crushing it in the fintech space. Major institutions like Vanderbilt University and the University of Illinois Foundation are backing them - their first-ever investment in an Asian tech startup! They're working with some massive names like KFC, Pizza Hut, Guardian, and Media Prima, processing over US$58 million in salaries with monthly payouts hitting US$8 million.
This matters because one in five families has less than two weeks of savings, and Paywatch's solution only costs 50 cents per transaction, way cheaper than those sketchy payday loans.
The company's now operating across Malaysia, South Korea, the Philippines, and Indonesia, with plans to expand even further.
They're expecting to process more than US$120 million in salaries by the end of the year, which is pretty insane growth.
What's really impressive is how they're helping both employees and employers - companies using Paywatch are seeing 40% lower turnover rates, saving serious cash on hiring costs.
With over 500,000 employees now using their platform, Paywatch isn't just another startup - they're actually changing how people manage their money and helping solve real financial problems.
Torum: Innovating SocialFi Ecosystems
(Up)Torum is revolutionizing social media by creating a unique SocialFi ecosystem that brings together crypto enthusiasts worldwide.
What started as a Malaysian startup in 2018 has evolved into a comprehensive platform combining social networking, DeFi features, and NFT capabilities. The platform now serves over 200,000 users, demonstrating significant growth in the crypto social space.
Built on innovative Web3 principles, Torum offers users the ability to earn XTM tokens through daily missions, content creation, and community engagement.
This isn't just another social network - it's a complete digital ecosystem where users can trade NFTs, participate in DeFi activities, and build their crypto identity.
What makes Torum stand out is its practical approach to connecting cryptocurrency communities through features like cross-chain swapping, NFT staking, and interaction farming.
Users can customize their experience through Torum Avatar NFTs, participate in the marketplace with lower transaction fees (thanks to BSC integration), and engage in various DeFi functionalities.
The platform has caught the attention of major players like Huobi Ventures and KuCoin Labs, suggesting strong potential for future growth.
For crypto newcomers and veterans alike, Torum serves as a knowledge hub where users can learn, share insights, and grow their networks while earning rewards.
The platform's commitment to genuine community engagement and user empowerment through tokenization sets it apart from traditional social media platforms. As we move toward 2025, Torum's innovative approach to social networking could very well become the standard for how we interact in the crypto space.
Durioo+: Educational Streaming for Children
(Up)Durioo+ is making waves in Malaysia's tech scene as a game-changing streaming platform designed specifically for Muslim children, created by the same team behind the mega-successful Omar & Hana series.
Started by Elizabeth Hernandez, who's been crushing it in kids' content for nearly a decade, the platform now reaches over 40,000 families with more than 9,000 fun, educational videos.
What makes it unique is their commitment to 100% filtered content that aligns with Islamic values - no random ads or inappropriate stuff that parents need to worry about.
The platform's growth has been incredible, securing $2.85M in seed funding from Y Combinator and Gobi Partners in early 2023. Their content is next-level, featuring original shows like Little Ammar, ILM, and Mina & Mila, plus popular licensed series like Numberblocks and Baby Shark.
As a Malaysian success story, Durioo+ isn't just about entertainment - they're on a mission to build a global Muslim tech brand that connects with the 70 million Muslim families worldwide who have internet access.
Available across multiple devices including Android TV, Apple TV, and Samsung TV, they're making it convenient for parents to give their kids quality screen time.
At just RM12.90 monthly, they're making educational content accessible while staying true to Islamic values. The platform's smart focus on both entertainment and education, combined with their cultural sensitivity, shows exactly why they're considered one of Malaysia's most promising tech startups in 2025.
FoodMarket Hub: Automating F&B Operations
(Up)Food Market Hub is revolutionizing Malaysia's F&B scene with their smart procurement and inventory management platform. Founded in 2017, this Series A startup has secured $8.5M in funding and is making waves across Southeast Asia.
Their platform isn't just another tech solution - it's helping restaurants boost profits by over 12% through intelligent ordering and cost management. They've integrated with more than 15 popular POS systems, making it super easy for restaurants to track everything from sales to expenses in real-time.
The platform's automated calculations have been a game-changer for reducing human errors and waste, as shared by numerous business owners. Currently serving over 4,000 restaurants across Southeast Asia, including big names like KFC and Pizza Hut, Food Market Hub has proven its worth in the market.
Their system lets restaurants identify their COGS in real-time, control ingredient prices, and manage multiple outlets from a single app. For suppliers, it's equally beneficial - they can multiply sales, track payments, and handle customer orders seamlessly.
What sets them apart is their focus on practical solutions: restaurants can even order from suppliers who aren't on the platform through automated email or WhatsApp orders.
With locations spanning across Singapore, Malaysia, Indonesia, and even reaching the UK and Canada, Food Market Hub is clearly on track to transform how F&B businesses operate globally.
Their commitment to helping restaurants scale efficiently through technology, combined with their user-friendly approach to automation, makes them a standout player in Malaysia's startup ecosystem.
Whether you're running a small café or managing a restaurant chain, their platform offers the tools needed to streamline operations and boost bottom lines in today's competitive F&B landscape.
iPrice Group: Enhancing E-commerce Experience
(Up)iPrice Group has transformed the online shopping game since 2014, making it super easy to find the best deals across Asia. As a Malaysian unicorn startup valued at over a billion dollars, they've built this amazing price comparison platform that covers over 7 billion products from 8 million sellers.
What's really cool is how they've expanded beyond just Southeast Asia - in August 2023, they launched in Australia, bringing their money-saving tech to a whole new market.
The platform is seriously smart, combining AI-powered price tracking with human experts who check that deals are actually legit. In April 2023, they got even stronger when Bukalapak acquired a majority stake, giving them more resources to grow.
The coolest part? They're not just about finding cheap stuff - they've added features like price alerts, expert reviews, and they're even getting into gaming and financial services.
With more than 20 million monthly visitors and operations across seven countries including Malaysia, Singapore, and Indonesia, iPrice is changing how we shop online.
They've got this perfect mix of tech and human touch, making sure you get real deals without falling for fake offers. Whether you're hunting for electronics, fashion, or home stuff, their platform helps you save time and money while keeping it real with honest reviews and seller ratings.
DoctorOnCall: Pioneering Digital Health Consultations
(Up)Founded in 2015, DoctorOnCall transformed Malaysia's healthcare scene as the country's first on-demand telehealth provider.
The platform connects patients with licensed doctors through chat, phone, or video calls, making healthcare seriously accessible. They deliver medications within 1-2 hours in certain areas, which is perfect for busy people like me who can't always make it to the pharmacy.
According to recent market analysis, the online doctor consultation industry is exploding, expected to grow by $38.87 billion by 2028.
DoctorOnCall's getting ahead of this trend with their comprehensive platform that handles everything from basic medical questions to specialized health screenings.
What makes them stand out is their quality assurance system - all their doctors have valid Malaysian Medical Council registration and get special training for telehealth services.
They've got this massive network covering Malaysia, Singapore, and Indonesia now, offering services like COVID testing, mental health support, and even dental care.
Plus, they're making healthcare more affordable with in-app discounts. Looking at how fast digital health is growing, DoctorOnCall is definitely changing the game for how we access healthcare.
Aerodyne Group: Leading Drone Technology
(Up)Aerodyne Group has transformed the drone technology landscape by becoming a powerhouse in drone-based industrial solutions, revolutionizing sectors from agriculture to telecommunications.
Their DRONOS platform has slashed data processing costs by 70% compared to traditional methods, while their innovative approach has helped the company double its revenue annually since 2014.
The team's work in agriculture through their Agrimor platform has increased crop yields by up to 67%, making farming smarter and more efficient.
In the telecommunications sector, they've cut tower inspection times from two days to just three hours, proving how tech can totally change the game.
What makes Aerodyne stand out is their recent partnership with AWS, which has seriously upgraded their capabilities.
Their groundbreaking cross-border drone delivery service between Malaysia and Singapore is set to launch in Q3 2024, featuring drones that can carry up to 30kg at speeds of 150 km/h.
The company has trained over 1,000 certified drone pilots since 2022, and their real-time tracking and blockchain technology are next level. With operations in 45 countries and recognition as the world's #1 drone service provider for three straight years, Aerodyne is crushing it in the global market.
The future looks incredible for Aerodyne, with the drone service market projected to hit $3,800.81 billion by 2030.
Their expansion into Brazil, India, and Pakistan, plus their exploration of generative AI for flight planning and digital twins, shows they're not slowing down.
The company's focus on practical solutions has resulted in real cost savings - 20% reduction in cellular tower operational costs and 30% in energy infrastructure maintenance.
As someone looking at the tech industry in Malaysia, Aerodyne isn't just a company to watch - they're actively shaping how technology will solve real-world problems in the future.
Kitamen: E-sports Advocacy and Community Building
(Up)Kitamen has transformed Malaysia's e-sports landscape since 2016, starting with a modest RM10,000 investment and scaling to generate RM500,000 in their first year.
Their network of gaming centers, called Dojos, has grown to 17 locations nationwide, creating spaces where gamers can level up their skills and build connections.
What makes Kitamen stand out is their comprehensive approach to e-sports development - they're not just running gaming centers, but building an entire ecosystem that includes event spaces, specialized zones, and co-working areas.
The company has created over 100 jobs, with 80% being part-time positions perfect for university students passionate about gaming. Their partnerships with industry giants like Sony Interactive Entertainment, Riot Games, and Intel have helped legitimize e-sports in Malaysia.
In a game-changing move, Kitamen's collaboration with Media Prima Digital has broadened their reach through TV, print, and radio platforms, making e-sports more accessible to mainstream audiences.
Their innovative approach to community building, combined with strategic partnerships and focus on grassroots development, positions them perfectly to capitalize on Southeast Asia's growing e-sports market.
With plans for expansion and the development of their ambitious Epicenter project, Kitamen is setting new standards for what an e-sports organization can achieve.
Conclusion: The Future of Malaysia’s Tech Startups
(Up)Malaysia's tech startup scene is absolutely crushing it right now! Kuala Lumpur's startup ecosystem is valued at $47 billion, making it a top-30 emerging ecosystem globally.
The ICT sector is set to contribute 25.5% to Malaysia's GDP by 2025, which is insane growth! With Malaysia's ambitious goal to create 5,000 startups by 2025, the opportunities are endless.
Companies like Naluri are revolutionizing healthcare with AI, while Paywatch is changing the game in fintech. The government's backing through programs like MyDIGITAL and initiatives for digital talent development is making everything possible.
What's really exciting is how Budget 2025 is pushing for major digital transformation.
They're planning to mandate GLCs with profits over RM500 million to acquire at least one startup yearly - that's huge for the ecosystem! The fintech industry is expected to grow at 30% CAGR, reaching a market size of USD 3 billion.
Plus, Prime Minister Anwar Ibrahim's digital initiatives, including the National Digital Identity System and Single Window Initiative, are making it easier than ever for startups to thrive.
For young tech professionals like us, this means amazing opportunities in AI, blockchain, and digital infrastructure development. The future of Malaysia's startup scene isn't just bright - it's blazing!
Frequently Asked Questions
(Up)What government initiatives are supporting Malaysia's startup ecosystem in 2025?
The Malaysian government supports the startup ecosystem through initiatives like the National Digital Identity System, Single Window Initiative, SME Go Digital, and KL20 GPU Scheme. Additionally, the government is investing around RM 1 billion in startup initiatives, offering tax incentives, grants, and encouraging startups to grow and launch.
Which sectors are driving growth in Malaysia's tech startup scene in 2025?
Fintech is a hot sector, growing at a 20% annual rate. There's also significant activity in AI, e-commerce, and green tech, creating numerous opportunities for tech professionals interested in innovative projects.
How are startups like Naluri and Paywatch making an impact in Malaysia?
Naluri is revolutionizing digital healthcare by offering a platform that includes mental health support and personalized health tracking, proven to improve health outcomes. Paywatch is transforming financial wellness by enabling employees to access earned wages before payday, thereby reducing turnover rates and attracting significant investment from international backers.
What makes Torum a standout startup in Malaysia's tech scene?
Torum is innovating the SocialFi space by combining social networking, DeFi, and NFT capabilities in a platform for crypto enthusiasts. With features like cross-chain swapping and NFT staking, Torum has attracted users and investment from significant industry players, showing strong growth potential.
What role do educational platforms like Durioo+ play in Malaysia's startup ecosystem?
Durioo+ provides culturally sensitive educational and entertainment content for children, attracting significant investment and expanding its reach across devices. It plays a crucial role by providing quality content without inappropriate material, aiming to build a global Muslim tech brand.
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Chevas Balloun
Director of Marketing & Brand
Chevas has spent over 15 years inventing brands, designing interfaces, and driving engagement for companies like Microsoft. He is a practiced writer, a productivity app inventor, board game designer, and has a builder-mentality drives entrepreneurship.