About Emerging Giants in Asia Pacific
A digital revolution is driving growth across Asia Pacific, transforming the way we live, work and do business. It is little surprise that this region is blazing the digital trail for the rest of the world:
- Demographically — Asia Pacific has a growing population, a growing workforce and a growing consumer class
- Digitally — It is home to a fast-growing population of digital natives
- Dynamically — A combination of better access to the internet, growing prosperity and improved education has created a new class of digital entrepreneurs who are uniquely positioned to identify and fill gaps in the regional market.
Asia Pacific has long been the engine of global prosperity driven by its network of industrial supply chains, but two shifts are now changing its growth-profile dramatically. First, Asian economies are becoming markets in their own right as their incomes rise. The second is that the ability to deliver products digitally has shifted the principal driver of regional growth from manufacturing to services.
The KPMG-HSBC Emerging Giants in Asia Pacific joint report takes an in-depth look at new economy businesses across the region that we believe will make a lasting impact on the global business landscape over the next decade. By analyzing economic and investment indicators in twelve key Asia Pacific markets and interviews with leading start-up founders and executives, we identify exemplary business models for future growth; as well as the conditions that will enable these markets to continue to thrive in today's constantly changing business environment.
Asia Pacific new economy businesses: Six key trends
Region-wide growth of
technology-driven businesses
While China remains the leading ecosystem in Asia Pacific for new economy start-ups, India is catching up as a source of digital innovation, and Southeast Asia is establishing itself as a key market.
B2C now; B2B soon
B2C companies, such as e-commerce and payments, are attracting the majority of investment in emerging markets, but more attention is shifting to B2B in areas such as enterprise productivity, education, healthcare and clean-tech.
Demographic drivers
A rising middle class and digital-savvy Gen Z consumers are driving digital economies across the region; with aging populations spurring innovation in markets like Japan.
Localized business models
The region’s distinctive societies, economies and regulatory environments are all contributing to the rise of “hyperlocal” business models in Asia Pacific.
Manufacturing spill-over
Robotics and automation are transforming factories, allowing companies in Asia Pacific to improve efficiency, traceability and transparency across their supply chains.
ESG on the rise
Increasing adoption of carbon emissions tracking, alternative and renewable energy and green finance solutions will create new opportunities for start-ups.
Key takeaways
Despite all the recent factors that have impacted the global economy, Asia Pacific remains a growth-oriented region. Here are some key takeaways from our study of these new economy businesses.
- Seizing opportunities: The scale of the digital transformation now underway — and the availability of funding supporting that transformation — is expected to continue to support the growth of technology start-up ecosystems.
- Characteristics of Emerging Giants: While there is no specific formula to be an “Emerging Giant”, the companies we identified were standout players in a wide variety of disciplines, including one or more of the following — superior technology and/or technical knowledge, hyper localization, mastery of logistics, successful adaption of business models and a culture that attracts and retains talent.
- Partnerships and working with regulators: Collaboration is a win-win, with start-ups gaining access to market exposure and customers while corporates obtain innovative technology solutions that can help improve their business operations or access new markets.
- Tax and ESG considerations: As today’s Emerging Giants aspire to become tomorrow’s unicorns, formulating effective ESG and tax strategies will be a cornerstone for future growth.
- Support to scale up: Governments continue to be supportive of new economy expansion, with a wide range of measures and schemes to attract founders, investors, and talent.
- Daring to think big: It always starts with a seed of an idea, followed by thinking big, being disruptive and executing with full passion.
Leading 100 Emerging Giants in Asia Pacific
Sectors
Business
Chinese Mainland
66Sectors
Business
BioMind
Artificial Intelligence & Machine Learning, HealthTech, Oncology
Healthcare diagnosis technology
HIPAC
E-Commerce, TMT
E-commerce platform
HuoMaoTV
Esports, Gaming
E-sports platform
One (China)
E-Commerce
E-commerce platform
VisionNav Robotics
Advanced Manufacturing, AgTech, Artificial Intelligence & Machine Learning, Autonomous cars, Internet of Things, Manufacturing, Robotics and Drones, Supply Chain Tech
Automated guided industrial vehicles
Avatar Technology
Artificial Intelligence & Machine Learning, Autonomous cars, CleanTech, Mobility Tech
New energy automobiles
Hongquan CRM
Big Data, Marketing Tech, SaaS
Mobile sales management cloud services for enterprises
Zhiyan Technology
Artificial Intelligence & Machine Learning
Smart home products
Jimu
FinTech, TMT
Peer-to-peer lending services
Microquanta Semiconductor
CleanTech, Manufacturing
Solar cell modules
iQiyi Sports
Mobile
Sports media and news platform
Kuro Game
Gaming, Mobile
Mobile 3D games and visual effects
CanaanTek
Internet of Things
5G-enabled semiconductor products for use in consumer smart devices
Huayu
EdTech, Mobile, SaaS, TMT
Online education platform
JOYNEXT
Advanced Manufacturing, Autonomous cars, Internet of Things, Mobility Tech
Autonomous vehicle technology
Memsonics
Advanced Manufacturing, Manufacturing
Micro-electromechanical system (MEMS) technology-enabled products
Hyperchain Technology
Cryptocurrency/Blockchain, FinTech, SaaS, Supply Chain Tech, TMT
Enterprise blockchain solutions
Beijing JingPinTeZhuang
Advanced Manufacturing, Industrials, Manufacturing, Robotics and Drones
Photoelectric reconnaissance equipment and military robots
HiScene
Artificial Intelligence & Machine Learning, Augmented Reality, CloudTech & DevOps, SaaS, TMT
Virtual reality hardware and software for engineering/industrial work
Baijiayun
Artificial Intelligence & Machine Learning, CloudTech & DevOps, SaaS, TMT
Cloud-based live broadcast software/platform
CDP (China)
HR Tech, Industrials, SaaS, TMT
Human capital management services
Qyer
Mobile, TMT
Digital travel services
Baofeng TV
Artificial Intelligence & Machine Learning
Internet smart TV
Imrfresh
Mobile
E-commerce platform
Jianke.com
E-Commerce, HealthTech, TMT
Online retail for medicine and pharmaceuticals
Ancun.cc
Big Data, Cybersecurity
Data management systems
KY Express
Supply Chain Tech
Integrated logistics service
Linkface (Beijing)
Artificial Intelligence & Machine Learning, Big Data
Facial recognition technology
Zmeng Network Technology
AdTech, Artificial Intelligence & Machine Learning, Big Data, E-Commerce, Internet of Things, Marketing Tech, Mobile, Mobile Commerce, SaaS
AI and big data-powered business intelligence platform for SMEs
Leadmicro
CleanTech, Manufacturing, Nanotechnology
Advanced thin film deposition and etch equipment for industrial producers
Re-Fire Technology
CleanTech, Climate Tech, Mobility Tech
Fuel cell systems and hydrogen fuel cell vehicle powertrain engineering
AM Advertising
AdTech, TMT
Digital marketing services
Beijing GEOWAY Software
Artificial Intelligence & Machine Learning, Big Data
Geospatial information technology solutions
Smartisan Technology
Mobile, SaaS, TMT
Smartphones and electronic devices
Incesoft
Advanced Manufacturing, Artificial Intelligence & Machine Learning, Big Data, Robotics and Drones
Robotics and AI technology
Happy Sharing
E-Commerce, TMT
Second-hand goods sharing platform
jss.com.cn
FinTech, Supply Chain Tech
Fintech platform
Wiseco Technology
Big Data, FinTech
Fintech provider focusing on credit score analysis
Deltaphone
Advanced Manufacturing, Artificial Intelligence & Machine Learning, Big Data, Internet of Things
IoT and AI software
Yes! Go Technology
Artificial Intelligence & Machine Learning, Big Data, Internet of Things, SaaS
Unmanned convenience stores
Hydbest
FinTech
Peer-to-peer lending services
Conflux Network
Cryptocurrency/Blockchain, FinTech, SaaS
Blockchain technology
Huibao Technology
Mobility Tech
Mobility tech platform for automotive maintenance services, insurance and loans
Qingsongchou Network
FinTech, TMT
Online crowdfunding platform
Shanzhen
HealthTech, LOHAS & Wellness
Healthtech platform
MGL New Materials
CleanTech, Climate Tech, Manufacturing
Manufacturer of cathode materials for lithium-ion batteries
Shenzhen Thunderbird Network Technology
Internet of Things, TMT
Internet TV services
Xinhua Zhiyun
Artificial Intelligence & Machine Learning, Big Data, Robotics and Drones, SaaS
AI platform for online media
Ickey
E-Commerce
E-commerce platform for electrical supplies and components
Mini Vision
Artificial Intelligence & Machine Learning, FinTech
Computer vision technology
PERA Global
3D Printing, Advanced Manufacturing, Manufacturing
Industrial simulation software and 3D printing technology
Che300.com
Artificial Intelligence & Machine Learning, Big Data, Industrials, Mobility Tech, TMT
Third-party pricing service platform for second-hand cars
Sinoiov
Commercial Services, Logistics, Big Data
Freight vehicle monitoring platform
Makeblock
Services (Non-Financial), Educational and Training Services (B2C), EdTech, Robotics and Drones, Supply Chain Tech
Do-it-yourself (DIY) robotics construction and programming learning platform provider
Sunyur
Software, Business/Productivity Software, B2B Payments, SaaS, Supply Chain Tech, TMT
Digital procurement solutions for enterprises
Wanjiaan
Software, Business/Productivity Software, CloudTech & DevOps, Internet of Things, TMT
AI and IoT solutions and products
Watrix Technology
Commercial Services, Security Services (B2B), Artificial Intelligence & Machine Learning, Big Data, TMT
Gait recognition technology for surveillance
Kuyun Interactive Technology
Software, Business/Productivity Software, Big Data, SaaS
Consumer data platform for television and media companies
Onion Academy
Software, Educational Software, Artificial Intelligence & Machine Learning, Big Data, EdTech, TMT
Science and technology online education platform for primary and secondary students
Twenty First Century Aerospace Technology
Commercial Products, Aerospace and Defense, Big Data
Space remote sensing and big data services
Vision Medicals Technology
Healthcare Services, Laboratory Services (Healthcare), Artificial Intelligence & Machine Learning, Big Data, Life Sciences, Oncology
Genetic diagnostic technology for precision medical treatment
dayi35.com
Commercial Products, Industrial Supplies and Parts, E-Commerce, Supply Chain Tech, TMT
E-commerce platform for raw plastic materials
FineEx
Commercial Services, Logistics, E-Commerce, Industrials, Mobility Tech, Supply Chain Tech, TMT
Logistics service platform
Huoli Tianhu
Commercial Services, Media and Information Services (B2B), Big Data, Mobile, TMT
Personalized travel services platform
Miao Health
Healthcare Technology Systems, Medical Records Systems, Artificial Intelligence & Machine Learning, Big Data, Digital Health, TMT
Healthtech platform
Remebot
Healthcare Devices and Supplies, Surgical Devices, Robotics
Developer of navigation & orientation robot for neurosurgery
India
16Sectors
Business
BrightChamps
Artificial Intelligence & Machine Learning, EdTech
E-learning platform
InterGlobe Technology Quotient
SaaS, TMT
Computerized reservation system for the hotel and travel industry
Juspay
FinTech, Mobile, Mobile Commerce, SaaS, TMT
Software for mobile-based payment platforms
Ki Mobility Solutions
E-Commerce, Industrials, TMT
Auto maintenance and repair services and online retailer
Teachmint
EdTech, Mobile, SaaS
Virtual education platform
ixigo (Le Travenues Technology Limited)
E-Commerce, Mobile
AI-based travel application
Airtel Payments Bank
FinTech, Mobile, Mobile Commerce, TMT
Mobile banking services
SocialCops
Artificial Intelligence & Machine Learning, Big Data, Mobile, TMT
Data intelligence platform
yellow.ai
Artificial Intelligence & Machine Learning, Mobile, TMT
Conversational AI platform aimed at automating customer and employee experience
Mswipe
FinTech, Mobile, Mobile Commerce
Mobile point of sale terminal
Gramophone
AgTech, E-Commerce, Mobile, Supply Chain Tech
Agri-tech platform
Bluestone
E-Commerce
Online and offline retail for jewellery
Drivezy
Car-Sharing, Climate Tech, Micro-Mobility, Mobile, Mobility Tech
Vehicle rental platform
Jar (Financial Software)
Software, Financial Software, FinTech
Fintech application allowing users to save and invest in digital gold
Niyo
Software, Financial Software, FinTech, Mobile, TMT
Payroll management platform
WinZO
Software, Entertainment Software, Esports, Gaming
E-sports gaming platform
Japan
5Sectors
Business
Cygames
Augmented Reality, Gaming, Mobile, TMT
Online gaming
Caddi
Industrials, Supply Chain Tech
Order management platform for manufacturers
Atama +
Artificial Intelligence & Machine Learning, EdTech
Adaptive learning platform
Global Mobility Service
FinTech, Internet of Things
Lending services for vehicle purchases
FiNC
Healthcare Technology Systems, Enterprise Systems (Healthcare), HealthTech, LOHAS & Wellness, Mobile
AI-enabled healthtech platform
Australia
4Sectors
Business
Finder
FinTech
Fintech platform
Secure Code Warrior
Software, Software Development Applications, CloudTech & DevOps, Cybersecurity, SaaS
Secure coding platform for in-house and outsourced developers
Omniscient
Healthcare Technology Systems, Other Healthcare Technology Systems, Artificial Intelligence & Machine Learning, CloudTech & DevOps, Mobile
Software provider for neurosurgery, neurology, and neuroscience
Eucalyptus
Digital health, Healthcare technology systems
Digital healthcare/telehealth platform provider
South Korea
3Sectors
Business
Sectors
Business
Chinese Mainland
1BioMind
Artificial Intelligence & Machine Learning, HealthTech, Oncology
Healthcare diagnosis technology
India
2BrightChamps
Artificial Intelligence & Machine Learning, EdTech
E-learning platform
Chinese Mainland
3HIPAC
E-Commerce, TMT
E-commerce platform
Chinese Mainland
4HuoMaoTV
Esports, Gaming
E-sports platform
India
5InterGlobe Technology Quotient
SaaS, TMT
Computerized reservation system for the hotel and travel industry
India
6Juspay
FinTech, Mobile, Mobile Commerce, SaaS, TMT
Software for mobile-based payment platforms
Chinese Mainland
7One (China)
E-Commerce
E-commerce platform
Hong Kong (SAR), China
8Catheon Gaming
Cryptocurrency/Blockchain, Gaming
Play-to-earn gaming platform
Singapore
9Spenmo
B2B Payments, FinTech
Payment software and technology
South Korea
10Tridge
AgTech, Supply Chain Tech
Agri-tech trading platform
Chinese Mainland
11VisionNav Robotics
Advanced Manufacturing, AgTech, Artificial Intelligence & Machine Learning, Autonomous cars, Internet of Things, Manufacturing, Robotics and Drones, Supply Chain Tech
Automated guided industrial vehicles
Chinese Mainland
12Avatar Technology
Artificial Intelligence & Machine Learning, Autonomous cars, CleanTech, Mobility Tech
New energy automobiles
Chinese Mainland
13Hongquan CRM
Big Data, Marketing Tech, SaaS
Mobile sales management cloud services for enterprises
Chinese Mainland
14Zhiyan Technology
Artificial Intelligence & Machine Learning
Smart home products
Chinese Mainland
15Jimu
FinTech, TMT
Peer-to-peer lending services
Chinese Mainland
16Microquanta Semiconductor
CleanTech, Manufacturing
Solar cell modules
Australia
17Finder
FinTech
Fintech platform
Chinese Mainland
18iQiyi Sports
Mobile
Sports media and news platform
Chinese Mainland
19Kuro Game
Gaming, Mobile
Mobile 3D games and visual effects
India
20Ki Mobility Solutions
E-Commerce, Industrials, TMT
Auto maintenance and repair services and online retailer
Chinese Mainland
21CanaanTek
Internet of Things
5G-enabled semiconductor products for use in consumer smart devices
Chinese Mainland
22Huayu
EdTech, Mobile, SaaS, TMT
Online education platform
Chinese Mainland
23JOYNEXT
Advanced Manufacturing, Autonomous cars, Internet of Things, Mobility Tech
Autonomous vehicle technology
Chinese Mainland
24Memsonics
Advanced Manufacturing, Manufacturing
Micro-electromechanical system (MEMS) technology-enabled products
Chinese Mainland
25Hyperchain Technology
Cryptocurrency/Blockchain, FinTech, SaaS, Supply Chain Tech, TMT
Enterprise blockchain solutions
India
26Teachmint
EdTech, Mobile, SaaS
Virtual education platform
India
27ixigo (Le Travenues Technology Limited)
E-Commerce, Mobile
AI-based travel application
Chinese Mainland
28Beijing JingPinTeZhuang
Advanced Manufacturing, Industrials, Manufacturing, Robotics and Drones
Photoelectric reconnaissance equipment and military robots
Chinese Mainland
29HiScene
Artificial Intelligence & Machine Learning, Augmented Reality, CloudTech & DevOps, SaaS, TMT
Virtual reality hardware and software for engineering/industrial work
India
30Airtel Payments Bank
FinTech, Mobile, Mobile Commerce, TMT
Mobile banking services
Chinese Mainland
31Baijiayun
Artificial Intelligence & Machine Learning, CloudTech & DevOps, SaaS, TMT
Cloud-based live broadcast software/platform
Japan
32Cygames
Augmented Reality, Gaming, Mobile, TMT
Online gaming
Chinese Mainland
33CDP (China)
HR Tech, Industrials, SaaS, TMT
Human capital management services
Chinese Mainland
34Qyer
Mobile, TMT
Digital travel services
Chinese Mainland
35Baofeng TV
Artificial Intelligence & Machine Learning
Internet smart TV
Chinese Mainland
36Imrfresh
Mobile
E-commerce platform
India
37SocialCops
Artificial Intelligence & Machine Learning, Big Data, Mobile, TMT
Data intelligence platform
Chinese Mainland
38Jianke.com
E-Commerce, HealthTech, TMT
Online retail for medicine and pharmaceuticals
Japan
39Caddi
Industrials, Supply Chain Tech
Order management platform for manufacturers
Singapore
40Stader Labs
Cryptocurrency/Blockchain, FinTech, SaaS
Decentralized financial protocol and applications
Chinese Mainland
41Ancun.cc
Big Data, Cybersecurity
Data management systems
Chinese Mainland
42KY Express
Supply Chain Tech
Integrated logistics service
Chinese Mainland
43Linkface (Beijing)
Artificial Intelligence & Machine Learning, Big Data
Facial recognition technology
Chinese Mainland
44Zmeng Network Technology
AdTech, Artificial Intelligence & Machine Learning, Big Data, E-Commerce, Internet of Things, Marketing Tech, Mobile, Mobile Commerce, SaaS
AI and big data-powered business intelligence platform for SMEs
Chinese Mainland
45Leadmicro
CleanTech, Manufacturing, Nanotechnology
Advanced thin film deposition and etch equipment for industrial producers
India
46yellow.ai
Artificial Intelligence & Machine Learning, Mobile, TMT
Conversational AI platform aimed at automating customer and employee experience
Chinese Mainland
47Re-Fire Technology
CleanTech, Climate Tech, Mobility Tech
Fuel cell systems and hydrogen fuel cell vehicle powertrain engineering
India
48Mswipe
FinTech, Mobile, Mobile Commerce
Mobile point of sale terminal
South Korea
4942dot
Autonomous cars, E-Commerce, Mobility Tech, Ridesharing, Robotics and Drones, SaaS, Supply Chain Tech
Autonomous transportation-as-a-service platform
Indonesia
50Waresix
Industrials, Supply Chain Tech
Online logistics platform
Chinese Mainland
51AM Advertising
AdTech, TMT
Digital marketing services
Chinese Mainland
52Beijing GEOWAY Software
Artificial Intelligence & Machine Learning, Big Data
Geospatial information technology solutions
Chinese Mainland
53Smartisan Technology
Mobile, SaaS, TMT
Smartphones and electronic devices
Chinese Mainland
54Incesoft
Advanced Manufacturing, Artificial Intelligence & Machine Learning, Big Data, Robotics and Drones
Robotics and AI technology
Chinese Mainland
55Happy Sharing
E-Commerce, TMT
Second-hand goods sharing platform
India
56Gramophone
AgTech, E-Commerce, Mobile, Supply Chain Tech
Agri-tech platform
India
57Bluestone
E-Commerce
Online and offline retail for jewellery
Chinese Mainland
58jss.com.cn
FinTech, Supply Chain Tech
Fintech platform
Japan
59Atama +
Artificial Intelligence & Machine Learning, EdTech
Adaptive learning platform
Chinese Mainland
60Wiseco Technology
Big Data, FinTech
Fintech provider focusing on credit score analysis
Chinese Mainland
61Deltaphone
Advanced Manufacturing, Artificial Intelligence & Machine Learning, Big Data, Internet of Things
IoT and AI software
Chinese Mainland
62Yes! Go Technology
Artificial Intelligence & Machine Learning, Big Data, Internet of Things, SaaS
Unmanned convenience stores
Chinese Mainland
63Hydbest
FinTech
Peer-to-peer lending services
Chinese Mainland
64Conflux Network
Cryptocurrency/Blockchain, FinTech, SaaS
Blockchain technology
India
65Drivezy
Car-Sharing, Climate Tech, Micro-Mobility, Mobile, Mobility Tech
Vehicle rental platform
Chinese Mainland
66Huibao Technology
Mobility Tech
Mobility tech platform for automotive maintenance services, insurance and loans
Taiwan
67Maicoin
Cryptocurrency/Blockchain, FinTech, TMT
Cryptocurrency exchange and investment platform
Singapore
68Multiplier (Singapore)
HR Tech, Industrials, SaaS
HR services platform
Chinese Mainland
69Qingsongchou Network
FinTech, TMT
Online crowdfunding platform
Chinese Mainland
70Shanzhen
HealthTech, LOHAS & Wellness
Healthtech platform
Chinese Mainland
71MGL New Materials
CleanTech, Climate Tech, Manufacturing
Manufacturer of cathode materials for lithium-ion batteries
Chinese Mainland
72Shenzhen Thunderbird Network Technology
Internet of Things, TMT
Internet TV services
Chinese Mainland
73Xinhua Zhiyun
Artificial Intelligence & Machine Learning, Big Data, Robotics and Drones, SaaS
AI platform for online media
Chinese Mainland
74Ickey
E-Commerce
E-commerce platform for electrical supplies and components
Japan
75Global Mobility Service
FinTech, Internet of Things
Lending services for vehicle purchases
Chinese Mainland
76Mini Vision
Artificial Intelligence & Machine Learning, FinTech
Computer vision technology
Chinese Mainland
77PERA Global
3D Printing, Advanced Manufacturing, Manufacturing
Industrial simulation software and 3D printing technology
Chinese Mainland
78Che300.com
Artificial Intelligence & Machine Learning, Big Data, Industrials, Mobility Tech, TMT
Third-party pricing service platform for second-hand cars
South Korea
79Doosan Robotics
Manufacturing, Robotics and Drones
Industrial robots
Chinese Mainland
80Sinoiov
Commercial Services, Logistics, Big Data
Freight vehicle monitoring platform
Chinese Mainland
81Makeblock
Services (Non-Financial), Educational and Training Services (B2C), EdTech, Robotics and Drones, Supply Chain Tech
Do-it-yourself (DIY) robotics construction and programming learning platform provider
Chinese Mainland
82Sunyur
Software, Business/Productivity Software, B2B Payments, SaaS, Supply Chain Tech, TMT
Digital procurement solutions for enterprises
Chinese Mainland
83Wanjiaan
Software, Business/Productivity Software, CloudTech & DevOps, Internet of Things, TMT
AI and IoT solutions and products
Chinese Mainland
84Watrix Technology
Commercial Services, Security Services (B2B), Artificial Intelligence & Machine Learning, Big Data, TMT
Gait recognition technology for surveillance
Chinese Mainland
85Kuyun Interactive Technology
Software, Business/Productivity Software, Big Data, SaaS
Consumer data platform for television and media companies
Chinese Mainland
86Onion Academy
Software, Educational Software, Artificial Intelligence & Machine Learning, Big Data, EdTech, TMT
Science and technology online education platform for primary and secondary students
Chinese Mainland
87Twenty First Century Aerospace Technology
Commercial Products, Aerospace and Defense, Big Data
Space remote sensing and big data services
Chinese Mainland
88Vision Medicals Technology
Healthcare Services, Laboratory Services (Healthcare), Artificial Intelligence & Machine Learning, Big Data, Life Sciences, Oncology
Genetic diagnostic technology for precision medical treatment
Chinese Mainland
89dayi35.com
Commercial Products, Industrial Supplies and Parts, E-Commerce, Supply Chain Tech, TMT
E-commerce platform for raw plastic materials
Chinese Mainland
90FineEx
Commercial Services, Logistics, E-Commerce, Industrials, Mobility Tech, Supply Chain Tech, TMT
Logistics service platform
Chinese Mainland
91Huoli Tianhu
Commercial Services, Media and Information Services (B2B), Big Data, Mobile, TMT
Personalized travel services platform
India
92Jar (Financial Software)
Software, Financial Software, FinTech
Fintech application allowing users to save and invest in digital gold
India
93Niyo
Software, Financial Software, FinTech, Mobile, TMT
Payroll management platform
India
94WinZO
Software, Entertainment Software, Esports, Gaming
E-sports gaming platform
Australia
95Secure Code Warrior
Software, Software Development Applications, CloudTech & DevOps, Cybersecurity, SaaS
Secure coding platform for in-house and outsourced developers
Chinese Mainland
96Miao Health
Healthcare Technology Systems, Medical Records Systems, Artificial Intelligence & Machine Learning, Big Data, Digital Health, TMT
Healthtech platform
Australia
97Omniscient
Healthcare Technology Systems, Other Healthcare Technology Systems, Artificial Intelligence & Machine Learning, CloudTech & DevOps, Mobile
Software provider for neurosurgery, neurology, and neuroscience
Japan
98FiNC
Healthcare Technology Systems, Enterprise Systems (Healthcare), HealthTech, LOHAS & Wellness, Mobile
AI-enabled healthtech platform
Chinese Mainland
99Remebot
Healthcare Devices and Supplies, Surgical Devices, Robotics
Developer of navigation & orientation robot for neurosurgery
Australia
100Eucalyptus
Digital health, Healthcare technology systems
Digital healthcare/telehealth platform provider
