Singapore’s Smart Nation initiative, led by the Ministry of Digital Development and Information, strives to harness technology to transform the country’s government, economy and society in key areas like transport, health, urban living, government services and businesses. With 4,500 startups housed in under 290 square miles, Singapore’s commitment to innovation is clear. These are some of the top startup companies leading the charge.
Top Startup Companies in Singapore
- Aspire
- YouTrip
- Doctor Anywhere
- Thunes
- Beam Mobility
Top Startup Companies in Singapore
Founded in 2018, AirCarbon Exchange is the brainchild of its founders and Enterprise Singapore, a government agency specializing in enterprise development. The startup was officially launched a year later, tackling the Carbon Offset Reduction Scheme for International Aviation before expanding to offer broader carbon market solutions. According to its website, ACX Singapore is affiliated with the regulated ACX Exchange in the Abu Dhabi Global Market, uniting the global environmental markets under one regulatory entity.
Thunes is a multinational financial services company that facilitates cross-border transactions via a global payment infrastructure. To support its ambitious growth plans, Thunes has secured over $72 million in investments from Visa, Singaporean government investment organization EDBI, Endeavor Catalyst and Marshall Wace over the last few years. As a fast-growing startup, Thunes has begun expanding into China.
NextBillion.ai was founded in 2020 by Gaurav Bubna, Ajay Bulusu and Shaolin Zheng, who were inspired by the vital nature of location technology in businesses. The startup offers navigation APIs and advanced routing services. According to its website, NextBillion.ai has supported over 10 million deliveries, navigated over 557 miles and served over 100 businesses since its launch.
With over 1,600 locations in Singapore, GetGo Carsharing is a short-term car-sharing platform. Launched in 2021, GetGo has grown to become the largest car-sharing company in Singapore. The startup's rapid expansion earned its founders Johnson Lim and Toh Ting Fen a spot on Forbes’ “30 Under 30 Asia: Consumer Technology” list.
Founded in 2017, Qritive leverages AI to support pathologists in disease care, with an emphasis on cancer care. Qritive’s platform digitizes pathologists’ workflow, utilizing remote diagnosis and telepathology. The Singapore-based healthtech startup strives to streamline patient diagnoses, increase early detection and improve patient outcomes.
Singapore-based Glife Technologies is a vertically integrated food services provider. It connects food businesses with smallholder farms by providing sourcing, storage, packaging and distribution services. Using various tech tools, the startup minimizes food handling, provides tracking apps and reduces food waste — all in service of creating food security and improving contemporary patterns of consumption.
Nium provides real-time global payment services that allow customers to obtain, transfer and utilize funds internationally. Its payout network supports 100 currencies across more than 190 countries — where funds can be transferred to wallets, accounts and cards or collected locally in over 35 markets. In 2023, the startup launched its Singapore location, which serves as a hub for its expansion in the Asia-Pacific region, the Middle East and Africa.
Singapore-headquartered Advance Intelligence Group is a software development startup that specializes in AI and big data solutions. Founded in 2016, Advance Intelligence Group provides an ecosystem of AI-powered, credit-enabled solutions — including Atome Financial for consumer financing, ADVANCE.AI for fraud and risk management, and Ginee SaaS and merchant services.
Online incorporation company Sleek launched in Singapore in 2017. The startup later expanded its services into Hong Kong, the United Kingdom and Australia. As an ACRA Registered Filing Agent, Sleek leverages tech to streamline the process of setting up and managing startups by providing online incorporation, company registration, accounting, payroll and compliance solutions.
YouTrip’s multi-currency e-wallet is designed to streamline foreign transactions for globe-trotting individuals. According to its website, customers — or “YouTroopers” — are able to make in-app exchanges and spend any currency in over 150 countries. Its transactions are powered by U.S. company Mastercard. Founded in 2018, YouTrip is headquartered in Singapore.
According to its website, Endowus is a digital wealth management platform and the first Singaporean digital advisor to span private wealth and public pensions. It provides an investment platform and fiduciary advisor services to over 100,00 customers. Endowus’ focus lies in democratizing access to wealth management services and providing low-cost portfolios.
OSOME aims to support foreign and Singaporean entrepreneurs as they register and manage their businesses. According to its website, the startup has had a hand in creating over 4,200 companies, providing tech-driven incorporation and accounting services. Headquartered in Singapore, the startup is powered by a team of over 500 employees in four countries.
Singaporean micro-mobility startup Beam Mobility operates a fleet of shared e-bikes and e-scooters across the Asia-Pacific region. Using technologies like dead reckoning, on-edge geofencing and AI-powered pedestrian avoidance, Beam aims to improve urban mobility. Ahead of the launch of its new e-moped, the startup raised $93 million to accelerate its expansion into other countries in Asia.
Dental cosmetics startup Zenyum was founded in Singapore in 2018. Leveraging tech to disrupt the dental industry, Zenyum offers solutions designed to give users access to expert dental care. With a mission to make dental care more affordable, it specializes in whitening and hygiene products, as well as invisible braces, which are customized using a combination of customer photos and in-office visits with dental partners.
Homage’s platform connects senior citizens and their families with qualified home caregivers. Its pool of over 15,000 professionals provides therapy, medical services and nursing care. According to its website, the startup connects its users with core services like care assessments, home rehabilitation services and occupational therapy. Homage’s providers are qualified to care for people with conditions like cancer, Parkinson's, dementia and paralysis.
With a goal of transforming the banking industry, Aspire provides loans, business accounts, corporate cards and financing solutions for small businesses. Launched in 2018, the company has grown from a team of two to over 450 employees spread across five countries, including its flagship location in Singapore. According to its website, Aspire serves more than 15,000 clients across Asia.
Doctor Anywhere provides remote medical consultations, medication and other services via its telehealth platform. Headquartered in Singapore, Doctor Anywhere’s decentralized telehealth ecosystem allows its team of over 3,000 providers to provide personalized care across borders. According to its website, the startup provides care to 2.8 million patients across Southeast Asia.
ADDX is an investment platform that operates under the Monetary Authority of Singapore. The fintech startup offers access to alternative investments like hedge funds, private equity and private market opportunities. Launched in 2017, Singapore-based ADDX became the first financial institution in Singapore to deem cryptocurrency assets as accredited investments in 2022.
Carro is an online automotive marketplace. According to its website, Carro brought the first contactless showroom to Singapore, allowing customers to browse inventory on their mobile devices. The startup reached unicorn status in 2021 after raising $360 million to support its expansion into Southeast Asia.
