{"id":5303,"date":"2024-09-05T00:00:00","date_gmt":"2024-09-04T16:00:00","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=5303"},"modified":"2024-09-04T13:12:48","modified_gmt":"2024-09-04T05:12:48","slug":"daily-markup-1067-aliena-applecrumby-dealcart-imotorbike-and-proglix-honored-on-forbes-asia-100-to-watch-for-their-strong-innovative-streak","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=5303","title":{"rendered":"Daily Markup #1067: Aliena, Applecrumby, DealCart, iMotorbike, and Proglix honored on Forbes Asia 100 to Watch for their strong innovative streak"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXdHrXepaA2lmZ1ot4QXwVXfIBAOst02xR2HGHVhgcb6RFihepdp_52gi7BtT8ItK-BYCGTOHhOF0x2_K1Xlegf4HYXp4RrioKtonnc6Y-rsElXTz2RzqO1Zxukl-88__jk_f_rSLwsKEOPzehCGPobI8UEo?key=Uu-AClClffFFJKg2hM-7TA\" alt=\"\"\/><figcaption class=\"wp-element-caption\">Photo credit: Forbes<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>High five!<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Congratulations to five 500-backed companies for being honored on the 4th annual Forbes Asia 100 to Watch list! This list showcases small companies and startups in Asia-Pacific with a strong innovative streak, grabbing investors\u2019 attention even as venture capital funding in the region hit a 7-year low last year.<\/li>\n\n\n\n<li>The honorees come from diverse industries \u2014 spacetech, e-commerce, and consumer \u2014 and are based across Asia including Singapore, Malaysia, Indonesia, and Pakistan. Get to know these trailblazing companies:\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.aliena.sg\/\"><strong>Aliena<\/strong><\/a>: Their flagship engine, called Music (which stands for Multi-Stage Ignition Compact), provides electric propulsion that enables small satellites to operate in very low earth orbits. In March, the team raised a US$5.6M Series A to expand their existing jet-propulsion test facilities in Singapore and accelerate the global deployment of their engines.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.applecrumbyandfish.com\/\"><strong>Applecrumby<\/strong><\/a>: The company offers babycare products, including chlorine-free diapers and wipes, with subscription packages for repeat orders and delivery to locations across Southeast Asia as well as mainland China. In March, 500 Global invested US$4.2M in the team.<\/li>\n\n\n\n<li><a href=\"https:\/\/dealcart.io\/\"><strong>DealCart<\/strong><\/a>: An online grocery site for Pakistan\u2019s growing middle class, customers can order fresh fruit and vegetables, snacks, detergents and other sundries. Small grocery stores can also sell on DealCart to tap its customer base. In July, they raised US$3M in seed funding.<\/li>\n\n\n\n<li><a href=\"https:\/\/imotorbike.com\/my\/\"><strong>iMotorbike<\/strong><\/a>: An e-commerce platform for buying and selling used motorcycles in Malaysia and Vietnam, the team promises reliability with 170-point inspections and easy returns. The team raised a US$2.6M Series A in June 2023.<\/li>\n\n\n\n<li><a href=\"https:\/\/proglix.com\/\"><strong>Proglix<\/strong><\/a>: A platform to help small Indonesian companies procure raw and finished metal materials for construction and other industries \u2014 no minimum orders required. The team even offers competitive pricing and payment plans. They were the only Indonesian startup selected for the Y Combinator winter batch in 2023, and raised US$1.4M in seed funding in 2023 from 500 Global and more.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Check out the full list on <a href=\"https:\/\/bit.ly\/4g7qjQ4\">Forbes<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>High five!<\/p>\n","protected":false},"author":5,"featured_media":5304,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[405,595,539,331,567],"class_list":["post-5303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-aliena","tag-applecrumby","tag-dealcart","tag-imotorbike","tag-proglix"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #1067: Aliena, Applecrumby, DealCart, iMotorbike, and Proglix honored on Forbes Asia 100 to Watch for their strong innovative streak - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=5303\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #1067: Aliena, Applecrumby, DealCart, iMotorbike, and Proglix honored on Forbes Asia 100 to Watch for their strong innovative streak - Markup\" \/>\n<meta property=\"og:description\" content=\"High five!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailymarkup.com\/?p=5303\" \/>\n<meta property=\"og:site_name\" content=\"Markup\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/500southeastasia\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-04T16:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-04T05:12:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-01-at-10.34.52\u202fAM.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"680\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ching Yee Ho\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dailymarkup.com\/#website\",\"url\":\"https:\/\/dailymarkup.com\/\",\"name\":\"Markup\",\"description\":\"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dailymarkup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/?p=5303#primaryimage\",\"url\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-01-at-10.34.52\u202fAM.jpg\",\"contentUrl\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-01-at-10.34.52\u202fAM.jpg\",\"width\":1200,\"height\":680},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dailymarkup.com\/?p=5303#webpage\",\"url\":\"https:\/\/dailymarkup.com\/?p=5303\",\"name\":\"Daily Markup #1067: Aliena, Applecrumby, DealCart, iMotorbike, and Proglix honored on Forbes Asia 100 to Watch for their strong innovative streak - 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