500 Markup: Top stories in June on how 500-backed startups are scaling profit, impact, and real-world solutions across Asia

500-backed companies are fixing power gaps in India’s food supply chain, helping students ace exams with AI, scaling profitability, expanding regionally, and building tech that solves real-world problems — across education, agriculture, mobility, and more. Here’s a look at the ways our founders and their teams are making waves.

Missed our last highlights issue? Check it out here.

Photo credit: Carsome / Prefer / Elevarm
  • Carsome delivers record margins, kicking off 2025 with US$4.3M EBITDA after a profitable close to FY2024
  • Prefer is brewing a path to profitability by solving the existential risk of premium flavors like coffee
  • Elevarm uplifts 15,800+ farmers, boosts their income by up to 31%, and creates 6,300+ jobs for rural workers
  • 5,000 students signed up for EduAdvisor’s AI-powered exam revision app in just 3 months — and it’s only the beginning of making learning fun and accessible
  • AOne serves 2,300+ education centers across 5 countries, and helps parents stay on top of their kids’ classes with a free app
  • Grab’s new AI hub will tackle real-world issues, help underserved communities access tech, create quality jobs, and more
  • BayaPay launches all-in-one fleet solution to help businesses combat the US$850M fuel fraud crisis and reduce operating costs in Malaysia
  • FarMart partners Aerem to boost food businesses in India with affordable solar energy, and build a future-ready agriculture supply chain
  • XING Mobility powers next-gen AI data centers with ultra-efficient, plug-and-play battery tech built for less heat and more scale
  • iMotorbike expands regionally to Vietnam and Southern Malaysia, bringing stress-free used motorbikes buying experience to more riders
  • First Circle makes solar power accessible for SMEs in the Philippines with zero upfront costs and lower energy bills

Other stories from 500-backed companies you may have missed:

  • GrabMaps and UNL partner to deliver next-generation location solutions, empowering Southeast Asian businesses and developers to enhance their hyperlocal location services
  • Gilmour Space Technologies is collaborating with Ansys to enhance the development of Eris, the first Australian-designed rocket set to make an orbital launch from Australian soil
  • Phasio and AMIS announce a strategic collaboration that will empower users to increase operational speed and accuracy while reducing the potential for human error in additive manufacturing
  • Aereo adopts ESTECO technology to improve drone design efficiency, boosting performance and ROI while cutting development timelines.
0

Share

Markup