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KrASIA’s Friends | Asia’s Noteworthy Startups of 2020

Written by KrASIA Writers Published on   2 mins read

It has truly been a year of ups and downs but we leave 2020 heartened to journey alongside these thriving companies.

How can we define this past year? Unprecedented, surprising, maybe volatile?

Since 2017, we have covered countless technology companies across China, Southeast Asia and India. In the past three years, each company has faced different situations — some have risen above their ranks and some have fallen behind; all have gained much experience. Yet some companies that have weathered the storm despite the external challenges and focused on technological innovation whilst strengthening their business. Many of these tech companies reached new heights, gaining capital and market favour along the way.

As we start 2021 afresh, KrASIA presents the most noteworthy tech companies in Asia; based in China, Southeast Asia and India. We aim to highlight their achievements for our global audience and support our shared belief in the future.


Agora — Real-time audio and video cloud platform

Agora real time audio and video cloud platform listed on Nasdaq in more than 100 countries and regions

Anker Consumer electronics

Anker world renowned consumer electronics brand China Hunan province amazon walmart best buy

MGI Tech — Biotechnology equipment: gene sequencing

MGI tech biotech company gene sequencing second largest international company real time monitoring virus

Geek+ — Autonomous mobile robots

Geek plus autonomous mobile robots warehouse logistics industry lead operates 20 countries partners nike toyota walmart

iDriverplus — Autonomous vehicles

idriverplus autonomous vehicles driverless brain low speed high speed us russia sweden saudi arabia japan series c

QCraft — Autonomous buses

qcraft autonomous buses robobus low speed urban minibuses 5g unmanned bus suzhou silicon valley beijing lenovo capital funding

InferVision — AI medical imaging

Infervision artificial intelligence medical imaging data driven diagnoses china italy japan us inferead lung ct ce pmda fda

Huiyi Huiying — AI medical imaging

Huiyi huiying artificial intelligence medical imaging automatic diagnosis platform breast cancer health management invested intel

SANDSTAR — Smart vending machines

Sandstar unmanned retail smart vending machines stores united states middle east europe true digital group investment

Nreal — Mixed reality hardware

Nreal mixed reality glasses hardware nreal light vr ar 5g series b 40 million partnerships china unicom telecom mobile lg u

Fordeal — Cross-border e-commerce platform

Fordeal cross border ecommerce platform middle east million products guangzhou hangzhou jordan series c hillhouse capital

XYZ Robotics — Industrial robots

Xyz robotics industrial robots robotic arm technology warehouse automation deep learning motion planning 3d vision global leader


Southeast Asia

Akulaku — Fintech: consumer finance, wealth management and digital banking

akulaku consumer finance wealth management digital banking services indonesia philippines vietnam malaysia 6 million users

LinkAja — Fintech: mobile wallet

Linkaja muslim focused digital wallet usd 100 million grab bri ventura investama mandiri capital 58 million users shariah

Halodoc — Telehealth platform

Halodoc leading telehealth platform indonesia 18 million users 20000 doctors usd 65 million in investment

Fave — Merchant-partnered super app

Fave merchant partnered super app mobile payment service favepay 35 cities singtel dash dbs paylah digital payment option

Wave Money — Fintech: mobile financial services provider

Wave money Myanmar leading mobile financial service provider 21 million digital lending international remittance Ant group yoma

Pomelo — Fashion-focused e-commerce 

Pomelo thailand fashion focused ecommerce online platform offline brick and mortar series c round

Carsome — Automobile trading platform

Carsome automobile trading platform largest used car sales southeast asia partners burda capital investments ondine capital

2C2P — Fintech: omni-channel payments platform

2c2p omni channel payments platform profitable notable clients venture arm acquiring other fintech startups large network

Appotapay — Fintech: mobile payment

Appotapay mobile payment license vietnam appota group esports content convert gamers readers wallet users bridging sectors

Tiki — E-commerce

Tiki leading ecommerce vietnam merge with Sendo sells to rural areas

AnyMind — Brand building platform

Anymind influencers campaign build brands adasia castingasia talentmind anyfactory japan post capital mirai creation fund

Waresix — Logistics platform

Waresix connects shippers businesses transporters warehouse space jakarta profitable integrated with ports usd 100 million

Holmusk — Data science and health tech

Holmusk data science health company mental chronic disease real world evidence platform machine deep learning series a



ShopX — Retail operations solution

Shopx mom and pop stores online shop for independently owned small shops replenishing stock drone deliveries

Mitron — Short-video app

Mitron short video app india 40 million downloads communities pets kids devotion music dance brands target audience

CureFit — Digital health and fitness platform

Curefit india health and wellness virtual workout service home delivery healthy food launch overseas us

Cashfree — Fintech: digital payments

Cashfree india digital payment ecosystem online invoicing cash disbursement gateway vendor wage payouts reimbursements

ShareChat — Social media platform

Sharechat india social media share content consume videos trending topics native tongue chat Moj regional dialects


This 2021, we strive to continually support and collaborate with these companies and many others across Asia. Drop us a line at [email protected] to join our network and learn more about how we support the tech companies in our region!



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