Top 7 Asian Startups to Watch out in 2016

Ideas are easy. Implementation is hard” – Guy Kawasaki, Alltop co-founder

In Theory, “Startups” sounds interesting. Entrepreneurship sound awesome because you are your own boss, work according to your time, rule. You can work from your home.

startup

But startup life is not about the freedom. It’s all about the innovation. It’s about the disruption.  Ask an entrepreneur about the startup, he will tell you that starting your own business is not easy. It can be scary and lovely.

Entrepreneur values those who choose to build their own path, and we are not alone.

2015 was the eventful year for Asian startups and 2016 is set to be just as huge. Indian Startups is hot and funding started to flow in India more than other Asian countries.

Any Time is good time to start a company” – Ron Conway

We Wish you a very happy new year and very delighted to list 7 top startups to look out for in 2016. Here is the list:

  1. One97 Communications (India)
  2. DJI (china)
  3. OYO Rooms (India)
  4. Omise ( Thailand)
  5. Practo (India)
  6. Coupang (Korea)
  7. iFlix (Malaysia)

One97 Communication:

What it is: One97 communication Ltd is one of the leading mobile internet companies which delivers mobile content and commerce services to millions of mobile users.  One97 runs Paytm, India’s largest digital good market. 

Investors:  Alibaba Group, Ant Financial (AliPay), SAIF Partners, Sapphire Venture and Silicon Valley bank.

Valued:  It’s valued at more than $1 Billion.

DJI ( China)

What it is:  DJI known for its high-end customer drones. DJI developing a software developer ecosystem. Its drones can be used by enterprise customers. It’s a China based fastest growing startup.

Investors:  Accel Partners, London Stock Exchange

Valued:  After fresh investment it’s valued at more than $8 Billion.

OYO Rooms 

What it is: OYO Rooms are India’s largest network of branded hotels. Its primary goal was to change the way people stay away from home. It spread across 168 cities with 4000 hotels. OYO already has its own rocket internet clone.

Investors:  DSG Consumer Partners, Greenoaks capital, lightspeed, Sequoia Capital, SoftBank.

Valued: It’s valued at about $400 million (Rs 2500 crore).

Omise (Thailand) 

What it is:  Omise is one of the leading online payment companies in south Asia. It has world’s most valuable ecommerce markets. Omise is younger and smaller than paytm.

Investors: 500 Startups, 500 Tuk Tuk, East Ventures, Golden Gate Ventures, Sinar Mas Indonesia, SMDV, True Incube. 

Valued: It’s valued at more than $2.9 Million.

Practo (India)

What it is:  It’s an Indian health care startup helping to find the best doctors.

Practo wants to improve healthcare with two product:

First a market place that help users to find the best doctors and second one is cloud-based practice management software called practo Ray.

Investors:  Sequoia Capital, Matrix Partners, google Capital and Chinese Internet giant Tencent.

Valued: It’s valued at more than $500 Million.

Coupang (Korea)

What it is:  Coupang is an e-commerce company based in Seoul. We can say Coupang is a ‘korea’s Amazon’ and fastest growing ecommerce company in Asia.

Investors:  BlackRock Private Equity Partners, Brad Kotansky, Cross Creek Advisors, Founder Collective, Greenoaks Capital, LaunchTime. 

Valued: It’s valued at more than $5 million.

iFlix (Malaysia)

What it is:  It provide unlimited access to thousands of TV shows & movies. Watch on your phone, laptop, tablet, TV… Wherever, whenever! 30 days full access. Free! iFlix is a Netflix clone (in case you couldn’t tell from its name), but it may prove to be a serious competitor as the U.S.

Investors: Catcha Group, PLDT 

Valued: It’s valued at more than $150 million.

Mozrif is an analytical and versatile digital marketing evangelist, consultant and content writer at WeDigTech – Mobile App Development Company. Focused on helping businesses from domestic to MNCs.

One Response

  1. Aarif Habeeb January 22, 2016 Reply

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