AI Acceleration, Consumer Resilience and Strategic Infrastructure
2024
Asia's Rising Companies
A 2024 watchlist of companies carrying Asia's next growth cycle.
100Companies ranked
99Top index score
7Research dimensions
23Market bases
Ranking Introduction
The companies carrying Asia's next growth cycle.
InfluenceAsia Watch 100: Asia's Rising Companies 2024 identifies the companies whose 2024 momentum made them especially important to Asia's next generation of business influence. The ranking is not a simple valuation table, revenue table or funding table; it evaluates growth consequence, category creation, product relevance, technology depth, market adoption, capital discipline and the durability of the company's 2024 rise.
The 2024 rising-company landscape was shaped by foundation models, AI chips, smart mobility, digital finance, quick commerce, space technology, healthcare AI, clean energy, logistics networks and Asia-origin consumer brands moving beyond domestic markets. The strongest companies combined ambition with visible execution: product-market fit, operating systems, user trust, institutional readiness and a credible role in Asia's economic future.
This is not a simple valuation table, revenue table, funding table, traffic list or advertising award. It is an independent InfluenceAsia editorial and research ranking of rising-company consequence during the 2024 annual window.
The edition considers Asia-based or Asia-centered private companies, newly public companies, specialist technology issuers, high-growth consumer platforms, deep-tech ventures, fintech platforms, healthcare innovators, energy transition companies and digital infrastructure businesses active during the 2024 editorial window. Mature incumbents are included only when their 2024 trajectory clearly reflects a rising-company dynamic rather than established scale alone.
Who is considered for the 2024 edition.
Each entry includes market, region, sector, watch category, score, 2024 rising signal, influence territory, company profile language and InfluenceAsia editorial rationale. The package is prepared for ranking pages, company profiles, annual features, institutional tables and AI-assisted web production.
Representative Companies
Eight Companies Defining The 2024 Watchlist
#01
Moonshot AI
Frontier AI Company
Moonshot AI became one of China's most visible new AI model companies in 2024 as its Kimi product turned long-context capability into a mass-market productivity signal.
#02
Zepto
Consumer Infrastructure Challenger
Zepto emerged in 2024 as one of India's defining quick-commerce challengers, pairing aggressive funding momentum with a dense urban dark-store network and rising daily order volume.
#03
G42
Sovereign AI Platform
G42 became a central Asian AI platform in 2024 as Abu Dhabi's compute, cloud, model and applied-AI ambitions gained global strategic visibility.
#04
SHEIN
Global Consumer Platform
SHEIN remained one of Asia's most consequential private consumer platforms in 2024, extending marketplace logic, supplier digitisation and ultra-fast fashion demand across global markets.
#05
PhonePe
Financial Infrastructure Platform
PhonePe strengthened its position in 2024 as one of India's most important consumer payment platforms, expanding from everyday transactions into broader financial services and governance transparency.
#06
Zhipu AI
Enterprise AI Model Company
Zhipu AI stood out in 2024 for building institutional-grade large-model capability with an emphasis on enterprise, developer and public-sector adoption.
#07
Wiz
Cybersecurity Scale-Up
Wiz continued to define high-growth cybersecurity in 2024, combining cloud-risk visibility, enterprise adoption and exceptional strategic relevance in an AI-accelerated security market.
#08
Sakana AI
Frontier AI Research Company
Sakana AI became Japan's most closely watched AI startup in 2024, translating a research-led founding team into a credible signal for national AI renewal.
Full Ranking
The Full List
Showing 100 companies
| Rank | Company | Market Base | Primary Sector | Index | Signal |
|---|---|---|---|---|---|
| 1 | Moonshot AIFrontier AI Company | ChinaEast Asia | Foundation models and AI applications | 99 | Moonshot AI became one of China's most visible new AI model companies in 2024 as its Kimi product turned long-context capability into a mass-market productivity signal. |
| 2 | ZeptoConsumer Infrastructure Challenger | IndiaSouth Asia | Quick commerce and urban retail infrastructure | 98.8 | Zepto emerged in 2024 as one of India's defining quick-commerce challengers, pairing aggressive funding momentum with a dense urban dark-store network and rising daily order volume. |
| 3 | G42Sovereign AI Platform | United Arab EmiratesWest Asia / Global | Artificial intelligence infrastructure and applied AI | 98.6 | G42 became a central Asian AI platform in 2024 as Abu Dhabi's compute, cloud, model and applied-AI ambitions gained global strategic visibility. |
| 4 | SHEINGlobal Consumer Platform | Singapore / ChinaSoutheast Asia / East Asia / Global | Fashion e-commerce, marketplace and on-demand supply chains | 98.4 | SHEIN remained one of Asia's most consequential private consumer platforms in 2024, extending marketplace logic, supplier digitisation and ultra-fast fashion demand across global markets. |
| 5 | PhonePeFinancial Infrastructure Platform | IndiaSouth Asia | Payments, digital finance and consumer financial services | 98.2 | PhonePe strengthened its position in 2024 as one of India's most important consumer payment platforms, expanding from everyday transactions into broader financial services and governance... |
| 6 | Zhipu AIEnterprise AI Model Company | ChinaEast Asia | Foundation models and enterprise AI | 98 | Zhipu AI stood out in 2024 for building institutional-grade large-model capability with an emphasis on enterprise, developer and public-sector adoption. |
| 7 | WizCybersecurity Scale-Up | IsraelWest Asia / Global | Cloud security and enterprise cybersecurity | 97.8 | Wiz continued to define high-growth cybersecurity in 2024, combining cloud-risk visibility, enterprise adoption and exceptional strategic relevance in an AI-accelerated security market. |
| 8 | Sakana AIFrontier AI Research Company | JapanEast Asia | Generative AI research and model development | 97.6 | Sakana AI became Japan's most closely watched AI startup in 2024, translating a research-led founding team into a credible signal for national AI renewal. |
| 9 | ZEEKRSmart Mobility Challenger | ChinaEast Asia / Global | Premium electric vehicles and intelligent mobility | 97.4 | ZEEKR's 2024 public-market debut and international expansion placed it among Asia's most watched premium electric-vehicle challengers. |
| 10 | SwiggyPublic-Market Consumer Platform | IndiaSouth Asia | Food delivery, quick commerce and local services | 97.2 | Swiggy's 2024 public listing made it one of India's defining consumer-technology transitions, linking food delivery, grocery speed and local commerce to public-market discipline. |
| 11 | J&T Global ExpressLogistics Scale Platform | Indonesia / ChinaSoutheast Asia / East Asia | Express logistics and e-commerce delivery | 97 | J&T Global Express advanced in 2024 as a major Asian delivery platform, with Southeast Asian leadership, China integration and improving operating discipline across parcel networks. |
| 12 | Horizon RoboticsIntelligent Vehicle Infrastructure | ChinaEast Asia | Smart driving technology and automotive AI systems | 96.8 | Horizon Robotics became a key 2024 public-market reference for China's smart-driving stack, linking automotive chips, software and assisted-driving deployment. |
| 13 | RebellionsAI Chip Challenger | South KoreaEast Asia | AI semiconductors and inference chips | 96.6 | Rebellions became a leading Korean AI-chip story in 2024, using funding momentum and consolidation to signal a stronger domestic alternative in inference computing. |
| 14 | XtalPiAI Science Platform | China / Hong KongEast Asia / Global | AI drug discovery, robotics and scientific R&D platforms | 96.4 | XtalPi's 2024 listing established it as a specialist-technology company connecting AI, quantum physics, robotics and life-science R&D workflows. |
| 15 | 01.AIEnterprise AI Company | ChinaEast Asia | Large language models and enterprise AI solutions | 96.2 | 01.AI strengthened its profile in 2024 by moving from model release into enterprise AI delivery, making industry deployment a central part of its growth signal. |
| 16 | MiniMaxMultimodal AI Company | ChinaEast Asia / Global | Generative AI, conversational AI and creative AI | 96 | MiniMax rose in 2024 as one of China's most visible generative-AI companies, spanning conversational agents, character interaction, audio, video and developer-facing capabilities. |
| 17 | Ola ElectricElectric Mobility Public Challenger | IndiaSouth Asia | Electric two-wheelers, batteries and EV manufacturing | 95.8 | Ola Electric's 2024 listing turned India's electric two-wheeler sector into a major public-market mobility story, despite the execution demands of manufacturing scale. |
| 18 | Pop MartGlobal IP Consumer Company | ChinaEast Asia / Global | Designer toys, character IP and experiential retail | 95.6 | Pop Mart regained exceptional momentum in 2024 as character IP, collectible culture and international store expansion turned Chinese pop-toy design into a global consumer signal. |
| 19 | CarroMobility Commerce Platform | SingaporeSoutheast Asia | Used-car marketplace, auto finance and mobility services | 95.4 | Carro entered 2024 with improving profitability discipline and regional expansion, reinforcing the case for digitising used-car transactions, financing and ownership services. |
| 20 | TabbyGulf Fintech Scale-Up | Saudi Arabia / United Arab EmiratesWest Asia | Consumer fintech, payments and buy-now-pay-later services | 95.2 | Tabby remained one of West Asia's fastest-rising fintech platforms in 2024, converting merchant adoption and consumer credit demand into a regional digital-finance franchise. |
| 21 | TamaraSaudi Fintech Champion | Saudi ArabiaWest Asia | Consumer fintech, BNPL and merchant payments | 95 | Tamara entered 2024 as a landmark Saudi fintech scale-up, showing how domestic digital commerce and consumer credit could support a new generation of Gulf financial platforms. |
| 22 | MeeshoMass-Market Commerce Platform | IndiaSouth Asia | Value e-commerce, seller enablement and logistics | 94.8 | Meesho's 2024 progress reflected the depth of Indian value commerce, with small sellers, low-cost discovery and logistics orchestration reaching consumers beyond premium urban markets. |
| 23 | LenskartOmnichannel Consumer Company | IndiaSouth Asia / Global | Eyewear retail, optical services and omnichannel commerce | 94.6 | Lenskart continued to rise in 2024 by combining online selection, physical stores, eye testing and manufacturing discipline into a scalable Asian eyewear platform. |
| 24 | KlookTravel Recovery Platform | Hong Kong / SingaporeEast Asia / Southeast Asia / Global | Travel experiences and digital booking platforms | 94.4 | Klook entered 2024 with renewed travel demand, financing strength and app-first distribution, making it one of Asia's most important platforms for experiences and tourism recovery. |
| 25 | Qure.aiClinical AI Company | IndiaSouth Asia / Global | Healthcare AI and medical imaging | 94.2 | Qure.ai became one of Asia's strongest healthcare-AI growth stories in 2024, extending diagnostic assistance across radiology, lung health, tuberculosis and stroke workflows. |
| 26 | DeepSeekFrontier AI Research Company | ChinaEast Asia | AI research, foundation models and open model systems | 94 | DeepSeek rose in 2024 as a technically distinctive Chinese AI lab, gaining attention for efficient model design, coding capability and open research orientation. |
| 27 | Baichuan IntelligenceFoundation Model Company | ChinaEast Asia | Generative AI and foundation models | 93.8 | Baichuan Intelligence remained a major 2024 contender in China's large-model race, developing general-purpose AI products for consumer, enterprise and developer use. |
| 28 | StepFunEmerging AI Model Company | ChinaEast Asia | Multimodal foundation models and AI products | 93.6 | StepFun became one of China's notable AI entrants in 2024, positioning multimodal model capability as a new layer of consumer and enterprise productivity. |
| 29 | Black Sesame TechnologiesAutonomous Mobility Chip Company | ChinaEast Asia | Automotive AI chips and smart-vehicle computing | 93.4 | Black Sesame Technologies' 2024 listing made it a visible specialist in automotive-grade AI chips for smart vehicles and advanced driver assistance. |
| 30 | Ather EnergyElectric Mobility Challenger | IndiaSouth Asia | Electric scooters, charging and connected mobility | 93.2 | Ather Energy strengthened its 2024 profile with family-oriented electric scooter expansion, software-led mobility features and preparation for a deeper capital-market phase. |
| 31 | Agnikul CosmosSpace Launch Challenger | IndiaSouth Asia | Private launch vehicles and space systems | 93 | Agnikul Cosmos delivered a defining 2024 private-space milestone with a successful suborbital technology demonstration and a distinctive approach to 3D-printed propulsion. |
| 32 | AstroscaleSpace Infrastructure Company | JapanEast Asia / Global | Space sustainability and orbital debris services | 92.8 | Astroscale's 2024 public listing and debris-inspection progress made it Asia's clearest rising company in orbital sustainability and in-space servicing. |
| 33 | PixxelSpace Data Company | IndiaSouth Asia / Global | Hyperspectral satellites and Earth observation analytics | 92.6 | Pixxel advanced in 2024 as a leading Asian hyperspectral satellite company, linking earth-observation data with climate, agriculture, mining and defence applications. |
| 34 | PocketpairBreakout Entertainment Company | JapanEast Asia / Global | Video games and global entertainment IP | 92.4 | Pocketpair became one of 2024's most striking Asian gaming breakouts as Palworld turned an independent studio into a global consumer-entertainment phenomenon. |
| 35 | Shift UpPublic-Market Game Studio | South KoreaEast Asia / Global | Video games and interactive entertainment | 92.2 | Shift Up's 2024 listing and premium game launch made it a defining Korean game studio for the transition from mobile strength to global console ambition. |
| 36 | LightricksCreative AI Company | IsraelWest Asia / Global | AI creative tools and generative media | 92 | Lightricks became a major 2024 creative-AI signal by extending from mobile creator tools into generative video and AI-assisted storytelling workflows. |
| 37 | AI21 LabsEnterprise AI Model Company | IsraelWest Asia / Global | Large language models and enterprise AI | 91.8 | AI21 Labs remained one of Asia's most credible enterprise-focused generative-AI companies in 2024, emphasising reliable language systems for knowledge work. |
| 38 | Cato NetworksEnterprise Security Platform | IsraelWest Asia / Global | Secure access service edge and network security | 91.6 | Cato Networks continued to rise in 2024 as enterprises consolidated networking and security into cloud-delivered architectures. |
| 39 | AirwallexGlobal Payments Infrastructure | Hong Kong / SingaporeEast Asia / Southeast Asia / Global | Cross-border payments and business finance | 91.4 | Airwallex continued to expand in 2024 as an Asia-born payments infrastructure company serving cross-border businesses, platforms and digitally native enterprises. |
| 40 | NiumEmbedded Finance Infrastructure | SingaporeSoutheast Asia / Global | Embedded payments and cross-border money movement | 91.2 | Nium remained an important 2024 Asian infrastructure company for real-time global payments, embedded finance and enterprise money movement. |
| 41 | Mynt / GCashMass-Market Fintech Platform | PhilippinesSoutheast Asia | Digital wallets, payments and consumer finance | 91 | Mynt's GCash platform strengthened its 2024 influence as a mass-market Philippine financial app spanning payments, savings, lending, insurance and everyday commerce. |
| 42 | RazorpayMerchant Payments Platform | IndiaSouth Asia | Payments, merchant finance and business banking | 90.8 | Razorpay remained a core 2024 Indian fintech company by enabling businesses to accept, move and manage money through an increasingly complete payments stack. |
| 43 | GrowwRetail Wealth Platform | IndiaSouth Asia | Retail investing, brokerage and wealth technology | 90.6 | Groww rose in 2024 as a major gateway for Indian retail investors, making brokerage, mutual funds and investing tools more accessible to first-generation market participants. |
| 44 | Pine LabsCommerce Payments Company | India / SingaporeSouth Asia / Southeast Asia | Merchant payments, issuing and commerce enablement | 90.4 | Pine Labs remained one of Asia's important commerce-fintech companies in 2024, serving merchants, consumer brands and payment ecosystems across online and offline channels. |
| 45 | CREDConsumer Finance Platform | IndiaSouth Asia | Consumer credit, payments and affluent fintech services | 90.2 | CRED maintained 2024 relevance by turning credit-card behavior, rewards, payments and financial products into a premium consumer-finance ecosystem. |
| 46 | PerfiosFinancial Data Infrastructure | IndiaSouth Asia / Global | Financial data analytics and credit decisioning | 90 | Perfios advanced in 2024 as a key data-infrastructure company for banks, lenders and fintech platforms using automated financial analysis and credit intelligence. |
| 47 | JuspayPayments Infrastructure Company | IndiaSouth Asia / Global | Payment orchestration and checkout infrastructure | 89.8 | Juspay continued to rise in 2024 by powering high-scale payment orchestration for merchants, banks and consumer internet platforms. |
| 48 | OfBusinessIndustrial Commerce Platform | IndiaSouth Asia | B2B commerce, raw materials and SME financing | 89.6 | OfBusiness remained a major 2024 industrial-commerce company by combining raw-material procurement, supply-chain finance and operating data for Indian SMEs. |
| 49 | ZetwerkManufacturing Network Platform | IndiaSouth Asia / Global | Contract manufacturing and managed industrial supply | 89.4 | Zetwerk strengthened its 2024 position as an Asian manufacturing-network company connecting buyers with capacity across precision, fabrication and industrial production categories. |
| 50 | Infra.MarketConstruction Commerce Platform | IndiaSouth Asia | Construction materials, procurement and industrial supply | 89.2 | Infra.Market remained a notable 2024 platform for digitising construction-material procurement, private-label building products and B2B supply chains. |
| 51 | MoglixB2B Industrial Platform | IndiaSouth Asia / Global | Industrial procurement and B2B supply-chain technology | 89 | Moglix continued to rise in 2024 as a B2B commerce platform serving manufacturing, infrastructure and enterprise procurement digitisation. |
| 52 | RapidoUrban Mobility Platform | IndiaSouth Asia | Bike taxis, mobility and local transport platforms | 88.8 | Rapido gained greater 2024 relevance as two-wheeler mobility, autos and local transport services became central to India's urban mobility stack. |
| 53 | PorterUrban Logistics Platform | IndiaSouth Asia | On-demand logistics and urban freight | 88.6 | Porter advanced in 2024 as an Indian logistics platform bringing technology, pricing transparency and network density to intracity freight movement. |
| 54 | Urban CompanyServices Marketplace | IndiaSouth Asia / Middle East | Home services and skilled-services marketplace | 88.4 | Urban Company remained a leading 2024 services platform by formalising household services, technician quality, training and digital demand aggregation. |
| 55 | Brainbees Solutions / FirstCryFamily Commerce Platform | IndiaSouth Asia | Baby products, parenting commerce and omnichannel retail | 88.2 | FirstCry's 2024 listing made it a leading public-market symbol of India's parenting, baby-care and omnichannel retail opportunity. |
| 56 | Honasa ConsumerDigital Consumer Brands Company | IndiaSouth Asia | Beauty, personal care and digital-first brands | 88 | Honasa Consumer continued in 2024 to represent India's new-generation beauty and personal-care sector built through digital brands, content-led commerce and offline expansion. |
| 57 | Rebel FoodsFood Operating Platform | IndiaSouth Asia / Global | Cloud kitchens and food brands | 87.8 | Rebel Foods remained a rising Asian food-tech company in 2024 by scaling multi-brand kitchens, data-led menus and delivery-first restaurant operations. |
| 58 | SpinnyAuto Commerce Platform | IndiaSouth Asia | Used-car retail and auto transaction platforms | 87.6 | Spinny held 2024 watchlist relevance through its full-stack approach to used-car buying, inspection, financing and customer trust in India. |
| 59 | DarwinboxEnterprise SaaS Company | IndiaSouth Asia / Southeast Asia / Global | Human-capital management software | 87.4 | Darwinbox remained one of Asia's strongest enterprise SaaS companies in 2024, selling cloud-native HR systems to large employers across complex emerging markets. |
| 60 | BrowserStackDeveloper Infrastructure Company | IndiaSouth Asia / Global | Software testing infrastructure and developer tools | 87.2 | BrowserStack continued to be a 2024 benchmark for Asian developer infrastructure, helping global software teams test web and mobile experiences across devices and browsers. |
| 61 | PostmanDeveloper Platform Company | India / United StatesSouth Asia / Global | API collaboration and developer platforms | 87 | Postman retained 2024 watchlist relevance as APIs became the operating layer of digital businesses and AI-enabled software workflows. |
| 62 | ChargebeeSaaS Infrastructure Company | India / United StatesSouth Asia / Global | Subscription billing and revenue operations | 86.8 | Chargebee remained an important Asian-origin SaaS infrastructure company in 2024 as subscription businesses prioritised billing accuracy, revenue automation and retention systems. |
| 63 | LeadSquaredVertical SaaS Company | IndiaSouth Asia / Global | Sales execution, CRM and marketing automation | 86.6 | LeadSquared advanced in 2024 as a sales-execution software company serving high-velocity sectors such as education, healthcare, finance and consumer services. |
| 64 | HalodocDigital Health Platform | IndonesiaSoutheast Asia | Digital healthcare, pharmacy and telemedicine | 86.4 | Halodoc remained central to Indonesian digital health in 2024, combining teleconsultation, pharmacy delivery, lab access and insurance connectivity in one consumer platform. |
| 65 | Doctor AnywhereRegional Health Platform | SingaporeSoutheast Asia | Primary care, telehealth and healthcare operations | 86.2 | Doctor Anywhere continued to expand its 2024 role as a Singapore-headquartered healthcare platform linking telehealth, clinics, preventive care and corporate health services. |
| 66 | MediBuddyDigital Health Access Platform | IndiaSouth Asia | Digital health services and virtual care | 86 | MediBuddy stayed relevant in 2024 as Indian employers, families and insurers used digital platforms for consultations, diagnostics, medicines and wellness services. |
| 67 | Insilico MedicineAI Biotech Company | Hong KongEast Asia / Global | AI drug discovery and biotechnology | 85.8 | Insilico Medicine remained one of Asia's most recognised AI-biotech companies in 2024, connecting generative biology, chemistry automation and clinical development ambition. |
| 68 | AkesoBiotech Growth Company | ChinaEast Asia / Global | Innovative biologics and oncology therapies | 85.6 | Akeso stood out in 2024 as a Chinese biotech company with rising global relevance in immuno-oncology and biologics innovation. |
| 69 | Legend BiotechAdvanced Therapy Company | China / GlobalEast Asia / Global | Cell therapy and oncology biotechnology | 85.4 | Legend Biotech remained a 2024 watchlist company for Asia-origin advanced therapy, with cell-therapy execution reinforcing global confidence in Chinese biotech innovation. |
| 70 | Everest MedicinesSpecialty Biopharma Company | ChinaEast Asia | Biopharmaceutical commercialisation and specialty medicines | 85.2 | Everest Medicines rose in 2024 as a specialty biopharma platform bringing differentiated medicines to Asian patients across renal, infectious-disease and oncology-related needs. |
| 71 | Hummingbird BioscienceBiotech Discovery Company | SingaporeSoutheast Asia / Global | Precision biologics and oncology discovery | 85 | Hummingbird Bioscience remained a rising Singapore biotech company in 2024 through precision biologics, antibody engineering and oncology discovery work. |
| 72 | MirxesDiagnostics Growth Company | SingaporeSoutheast Asia / Global | RNA diagnostics and early cancer detection | 84.8 | Mirxes held 2024 watchlist relevance as RNA-based diagnostics and early cancer detection became more important to Asian preventive-health strategies. |
| 73 | EcoFlowDistributed Energy Company | ChinaEast Asia / Global | Portable energy, home batteries and smart energy systems | 84.6 | EcoFlow remained one of Asia's most visible consumer energy companies in 2024, linking portable power, home backup and solar-compatible systems for households and mobile users. |
| 74 | GentariClean Energy Platform | MalaysiaSoutheast Asia / Global | Renewable energy, hydrogen and green mobility | 84.4 | Gentari built 2024 momentum as a Malaysian clean-energy company focused on renewables, hydrogen, green mobility and decarbonisation services across Asia-Pacific. |
| 75 | Fourth Partner EnergyRenewable Energy Scale-Up | IndiaSouth Asia | Renewable energy solutions and distributed power | 84.2 | Fourth Partner Energy gained major 2024 momentum as corporate renewable demand accelerated and distributed solar, hybrid and storage solutions became a larger decarbonisation priority. |
| 76 | AMPIN Energy TransitionEnergy Transition Platform | IndiaSouth Asia | Renewable energy and corporate green power | 84 | AMPIN Energy Transition remained a 2024 clean-energy company to watch through its corporate renewable portfolio, hybrid projects and ability to serve industrial decarbonisation needs. |
| 77 | XuryaDistributed Solar Company | IndonesiaSoutheast Asia | Rooftop solar and clean-energy services | 83.8 | Xurya continued to represent Indonesia's distributed solar opportunity in 2024 by helping commercial and industrial customers adopt renewable electricity with lower upfront friction. |
| 78 | VinFastVietnamese EV Challenger | VietnamSoutheast Asia / Global | Electric vehicles and smart mobility | 83.6 | VinFast remained a high-visibility 2024 Asian EV challenger, using international expansion and manufacturing ambition to place Vietnam in the global electric-vehicle conversation. |
| 79 | VNLifeVietnam Fintech Platform | VietnamSoutheast Asia | Payments, digital banking enablement and consumer services | 83.4 | VNLife stayed relevant in 2024 as a Vietnamese fintech and digital-services platform connecting payments, banking access and consumer digital journeys. |
| 80 | MoMoConsumer Fintech Platform | VietnamSoutheast Asia | E-wallet, payments and consumer finance | 83.2 | MoMo remained one of Vietnam's most important 2024 fintech companies, bringing payments, bill settlement, lending access and daily digital services to mass-market users. |
| 81 | DANAPayments Access Platform | IndonesiaSoutheast Asia | Digital wallet and payments | 83 | DANA held 2024 watchlist importance as one of Indonesia's leading wallets, supporting payments, merchant acceptance and daily digital financial participation. |
| 82 | FinAccel / KredivoDigital Credit Company | Indonesia / SingaporeSoutheast Asia | Digital credit and consumer fintech | 82.8 | FinAccel's Kredivo platform remained a key 2024 Southeast Asian credit-fintech company, serving digital consumers and merchants with instalment and lending products. |
| 83 | XenditPayments Infrastructure Company | IndonesiaSoutheast Asia | Payment infrastructure and merchant finance | 82.6 | Xendit continued to be a notable 2024 Southeast Asian payment-infrastructure company for merchants, platforms and digital businesses seeking regional payment acceptance. |
| 84 | AspireSME Finance Platform | SingaporeSoutheast Asia | Business finance, cards and spend management | 82.4 | Aspire remained a rising 2024 finance-operations platform for Asian SMEs, combining accounts, cards, expense controls and cross-border business payments. |
| 85 | Funding SocietiesSME Credit Platform | SingaporeSoutheast Asia | SME lending and digital finance | 82.2 | Funding Societies continued to support Southeast Asian SME credit access in 2024 through digital lending, embedded finance and regionally adapted risk assessment. |
| 86 | EndowusDigital Wealth Platform | SingaporeSoutheast Asia | Digital wealth, retirement investing and advisory | 82 | Endowus gained 2024 relevance by widening access to diversified wealth management, retirement investing and advisory-led digital portfolios in Singapore and beyond. |
| 87 | YouTripTravel Fintech Company | SingaporeSoutheast Asia | Travel payments, multicurrency wallets and consumer fintech | 81.8 | YouTrip held 2024 watchlist status as travel recovery reinforced demand for multicurrency wallets, transparent foreign exchange and mobile-first payment tools. |
| 88 | ShopBackCommerce Rewards Platform | SingaporeSoutheast Asia | Rewards, commerce discovery and consumer fintech | 81.6 | ShopBack remained a rising 2024 consumer-commerce platform by connecting cashback, rewards, payments and merchant discovery across Southeast Asian shopping journeys. |
| 89 | TravelokaRegional Travel Platform | IndonesiaSoutheast Asia | Travel booking, mobility and lifestyle services | 81.4 | Traveloka remained a 2024 travel-tech company to watch as Southeast Asian tourism recovered and consumers returned to integrated flight, hotel, transport and experience booking. |
| 90 | CarsomeAuto Commerce Platform | MalaysiaSoutheast Asia | Used-car commerce, inspections and financing | 81.2 | Carsome strengthened its 2024 watchlist standing through a clearer path to profitability, full-stack used-car operations and regional brand trust. |
| 91 | Flash ExpressLogistics Challenger | ThailandSoutheast Asia | Parcel logistics and e-commerce delivery | 81 | Flash Express remained a significant Thai-born 2024 logistics challenger, reflecting Southeast Asia's continuing demand for faster, cheaper and more technology-enabled parcel delivery. |
| 92 | ZUS CoffeeNew Consumer Brand | MalaysiaSoutheast Asia | Technology-enabled coffee retail | 80.8 | ZUS Coffee rose in 2024 as a Malaysian consumer brand using app-based ordering, accessible pricing and store density to compete in modern coffee retail. |
| 93 | Kopi KenanganNew Consumer Brand | IndonesiaSoutheast Asia | Coffee retail and technology-enabled consumer brands | 80.6 | Kopi Kenangan retained 2024 watchlist strength as an Indonesian coffee chain using digital ordering, local taste profiles and store expansion to scale a domestic consumer brand. |
| 94 | Mixue GroupMass-Market Beverage Company | ChinaEast Asia / Southeast Asia / Global | Tea, ice cream and franchise retail | 80.4 | Mixue Group remained one of Asia's most formidable rising consumer companies in 2024, using low-price beverages, franchise density and international expansion to reach mass-market customers. |
| 95 | ChageePremium Beverage Challenger | ChinaEast Asia / Southeast Asia | Modern tea retail and cultural consumer brands | 80.2 | Chagee gained 2024 momentum as a modern tea brand pairing Chinese cultural aesthetics, health-positioned products and Southeast Asian expansion. |
| 96 | MusinsaFashion Commerce Platform | South KoreaEast Asia | Fashion marketplace and brand incubation | 80 | Musinsa remained a 2024 Korean fashion-commerce company to watch by connecting independent brands, youth culture, online discovery and offline retail experiments. |
| 97 | KurlyPremium Grocery Platform | South KoreaEast Asia | Premium grocery, fresh food delivery and commerce logistics | 79.8 | Kurly stayed on the 2024 watchlist as a premium grocery and fresh-food delivery platform with differentiated logistics, curation and household consumption relevance. |
| 98 | CarousellCircular Commerce Platform | SingaporeSoutheast Asia / Greater China | Recommerce and classifieds marketplace | 79.6 | Carousell remained a 2024 circular-commerce company to watch as resale, classifieds and recommerce became more important to value-conscious and sustainability-aware consumers. |
| 99 | YanoljaTravel Technology Platform | South KoreaEast Asia / Global | Travel technology, hospitality systems and booking platforms | 79.4 | Yanolja held 2024 watchlist relevance by linking consumer travel booking with hospitality software, automation and global travel-technology infrastructure. |
| 100 | COVER CorporationVirtual Entertainment Company | JapanEast Asia / Global | Virtual talent, IP and creator entertainment | 79.2 | COVER Corporation remained a rising 2024 entertainment company by taking virtual talent, live events, merchandise and digital fandom deeper into global markets. |
No companies match the current filters.
Methodology
How InfluenceAsia Built The Ranking
Company Universe Formation
InfluenceAsia formed a 2024 company universe across Asia-based and Asia-centered businesses in technology, AI, semiconductors, fintech, mobility, healthcare, space, energy, commerce, logistics, software, entertainment and consumer brands.
Eligibility Review
Companies were reviewed for active operating relevance during the 2024 editorial window, identifiable Asian connection and a rising-company profile based on momentum, category importance and strategic consequence.
Annual Momentum Mapping
InfluenceAsia mapped each eligible company to its most relevant 2024 rising signal, with emphasis on product execution, market adoption, capital transition, technology proof, expansion and institutional readiness.
Weighted Assessment
Each company was assessed against seven research dimensions totalling 100 points. Scores express InfluenceAsia editorial judgement and should not be read as mechanical valuation, revenue or funding measurements.
| Research Dimension | Weight | Definition |
|---|---|---|
| 2024 Growth Momentum | 22% | The company's visible acceleration during the 2024 annual window, including customer adoption, public-market transition, funding momentum, product launch, commercial expansion or strategic prominence. |
| Category Creation and Market Relevance | 18% | The company's ability to define, reshape or materially advance an important market category in Asia or from Asia to the world. |
| Technology or Product Differentiation | 16% | The distinctiveness of the company's technology, product design, user experience, operating model, scientific capability, platform architecture or infrastructure layer. |
| Scale Potential and Adoption Quality | 14% | The breadth and quality of the company's adoption across users, customers, merchants, enterprises, patients, developers, institutions or regional markets. |
| Execution and Operating Discipline | 12% | The company's ability to convert ambition into practical delivery through product reliability, network density, unit-economics progress, governance readiness and management focus. |
| Asia Relevance | 10% | The company's importance to Asian consumers, enterprises, supply chains, scientific ecosystems, financial systems, mobility networks, health systems, energy transition or cultural exports. |
| Strategic Durability | 8% | The likelihood that the company's 2024 rise represents a defensible foundation for sustained influence rather than a short-lived visibility spike. |
Copyright / Legal
Copyright, Data Notes And Editorial Disclaimer
Copyright
Copyright 2024 InfluenceAsia. All rights reserved. This ranking, methodology, structure, scoring language, editorial rationale and dataset compilation are proprietary to InfluenceAsia and may not be copied, republished, sold, scraped, redistributed or transformed into derivative commercial products without prior written permission from InfluenceAsia.
Research Disclaimer
InfluenceAsia Watch 100: Asia's Rising Companies 2024 is an original InfluenceAsia editorial and research ranking. The list reflects InfluenceAsia's independent assessment of rising-company consequence within the 2024 Asian business context. No ranked company purchased placement, ranking position, score, wording or inclusion. Advertising relationships, commercial approaches, private requests and informal advocacy do not determine ranking order.
Data And Legal Limits
This publication is an editorial ranking and research dataset. It is not investment advice, legal advice, tax advice, securities research, credit analysis, commercial due diligence, endorsement, certification or a recommendation to buy, sell, hold, lend, borrow, partner, invest or transact. Company descriptions, market classifications and sector language are presented for the 2024 annual edition and may be simplified for publication readability. InfluenceAsia may refine names, spellings, category labels or profile language in later editorial maintenance without changing the original annual perspective. Rising companies operate in changing competitive, regulatory, capital-market, operational and governance environments. Inclusion in this ranking does not imply financial strength, future profitability, product suitability, regulatory approval, investment merit, creditworthiness, absence of controversy or guaranteed future performance. Permitted internal use includes editorial planning, website production, company profile drafting, research indexing and non-commercial archival reference with InfluenceAsia attribution. Public redistribution or commercial reuse requires written permission from InfluenceAsia.