10 Lesser-Known Startups Who Proudly Represented M’sia In International Pitch Competitions

Posted On Aug 30, 2019 By admin With Comments Off

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Pitching rivals are one way for aspiring industrialists and startups to kickstart their businesses and can be a way for existing startups to accelerate their business growth.

As they’re events, there’s no doubt that there will be winners and losers. Nonetheless, even if a startup doesn’t win, the fact that they got through the application process can be allowed to stand on theatre and tar their proposals is pretty impressive.

Even more impressive is if they’re one of the lesser-known startups in the representation who spare no effort to pitch on an international stage. So, with Merdeka nearing, we’d like to highlight 10 lesser-known Malaysian startups who pitched in international competitions, with some of them becoming finalists and winners.

The startups below are listed alphabetically, and we’ll be giving introductory summing-ups on what they do and what races they pitched in.

1. EasyLaw

EasyLaw is a law portable app startup that was intended to represent the law accessible via engineering. It offers a legal fee and stamp duty calculator to solicitors and property investors that are adequate to procreate hassle-free auctions and obtain agreements( SPAs) and loan agreements.

Pitch Image Credit: EasyLaw

Representing Malaysia, they pitched and acquired in the Singapore Venture Day Pitch Slam during TechLaw.Fest in 2018 which contribute to them qualifying to compete against regional wins from North and Latin american countries and Europe in the Global Legal Tech Venture Day.

2. Favoriot

Favoriot is a startup that renders IoT solutions by providing firms with an IoT platform, implements and services. They not only help IoT makes “ve been coming” with new and inventive IoT mixtures, but they likewise have a Crowdsensing Management Platform( CMP) where stakeholders can leverage the collected data to build smarter operations.

pitched Image Credit: Favoriot

In 2019, they sloped at TaqwaTech Pitch Pit organised by Gobi Partners Venture Capital. The race was for startups to offer products and services for Muslim customers( B2C ), ventures( B2B) and local communities various regions of the world, and it also presented the opportunity to win funding of up to US$ 1 million.

3. HomeCrowd

HomeCrowd is a startup with a duty to cure millennials buy their dwellings of selection by offering alternative financing in the form of peer-to-peer lending. They leverage on technologies like online crowdfunding, large-hearted data and machine learning to reduce the cost of borrowing.

platform Image Credit: HomeCrowd

This year they were one of 2 Malaysian startups are in conformity with the top 30 of Techsauce Global Summit 2019 ’s Startup Pitch Championships where US $110,000 was up for the winner’s taking.

4. HostAStay

HostAStay is a startup in the travel industry that was established to aid property owners in converting their unused qualities into income-generating resources by telling them render hassle-free homestay know-hows for guests.

StartUp Image Credit: HostAStay

The startup was shortlisted to slope at RISE 2019 in Hong Kong against 60 other travel-tech startups from across the globe, and it emerged as a finalist.

5. Klean

Malaysian startup Klean developed a Reverse Vending Machine that abides empty-bellied polyethylene terephthalate( PET) or plastic bottles and aluminium cans and braces them for recycling. In exchange for donating, sponsors can get various cash honors that further encourages recycling.

startups Founder Nick Boden on the far right/ Image Credit: The Duke of York FB

At Pitch @Palace ASEAN 2018, Klean croaked up against 17 other startups from Malaysia, Thailand, Indonesia, Singapore, Myanmar and Vietnam and won the audience vote. Pitch @Palace was founded by The Duke of York in 2014 in an initiative to provide an acceleration stage for entrepreneurs.

6. LeadinHealth

This Malaysian startup has an app announced Walnut Wellness that helps corporate employees track and improve their health. This is so that corporates can save money on healthcare argues its costs and improve hire productivity.

their Image Credit: LeadinHealth

In 2017, LeadinHealth was the alone Malaysian and exclusively foreign startup to emerge as a finalist in Hong Kong’s She Loves Tech world startup challenger. This rival showcases the relationship between tech vogues, entrepreneurship, innovation and potential opportunities be established for women.

7. Senang

Senang is an coverage stage that offers insurance to low-pitched and middle-income Malaysians who operate micro-enterprises. The coverage can expense as low-pitched as RM1 and buyers can be insured for really a single day of the week. The insurance can be issued immediately and on-the-go with Senang’s API technology.

Them Image Credit: Senang

The fintech company sloped at the United Commonwealth Capital Development Fund( UNCDF) ’s B40 Challenge curriculum in 2019, and won the chance to work with the UNCDF for over three and a half months to develop and refine their solutions.

8. Simple Motion

Simple Motion is a startup that put under an app called ClicknCare which acts as a healthcare stage for move around the world. Its objective is to easily connect migrants to healthcare professionals from their different countries thus solving the issue of usage obstacles in healthcare.

they Image Credit: Innovation-Driven Entrepreneurship( IDE) Center

They were also one of the startups that pitched at Pitch @Palace ASEAN 2018 along with Klean.

9. Softinn Credit Image Credit: Softinn

Softinn is a friendlines engineering fellowship that offers e-commerce answers and property management systems for boutique inns. In 2017, they won the Startup of the Year bestow at WIT Startup Pitch in Tokyo for their cloud-based hotel territory system.

10. Wangi Lai PLT

Wangi Lai is a startup from Kuching, Sarawak that provisions IoT solutions and devised the BAWA Cane which is a clip-on IoT invention for grey canes used by the visually impaired. This device cures empower the subscribers in mobility and navigation as it abuses an IoT sensor to help them better perceive their environment.

Pitch Image Credit: SITEC FB

They pitched at Selangor International Pitch 2018 and came in second place between two Taiwanese startups, returning dwelling a currency loot of RM50, 000.

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We seriously appreciate these neighbourhood startups for developing new and innovative solutions to address gaps in the different sectors of national societies and industries while representing Malaysia on international stages.

They’re proof that Malaysians are worthy competitives to our often larger and better-funded international competitors, and we’re glad to highlight them( no matter how briefly) to introduce them to our readers.

Also Read That Mattress Ad You Saw With People Backflipping On It? Here Are Some Real-Life Tests.

Featured Image Credit: HostAStay/ LeadinHealth/ Wangi Lai

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