11 Malaysians in Forbes’ list of rising young Asian entrepreneurs

(Forbes pic)

KUALA LUMPUR: Malaysians are among 300 entrepreneurs from 23 Asia-Pacific countries listed in the Forbes 30 Under 30 Asia this year.

The group of young entrepreneurs are chosen from over 2,000 entries by a team of reporters and vetted by judges for their work in technological innovations and in disrupting age-old industries.

The Malaysian entrepreneurs are Aaron Patel, Bobby Ong, TM Lee, Chris Khristie, Michelle Tan, Jin Xi Cheong, Joolin Chuah, Kendrick Wong, Melvin Poh, Sarah Chen and Wen Shin Chia.

Patel is the CEO of iHandal Energy Solutions, an engineering and contracting firm specialising in improving the thermal energy efficiency of commercial and industrial buildings.

Bobby Ong and TM Lee are co-founders of CoinGecko, a cryptocurrency data aggregator that tracks price, volume, social and developer stats.

The company has collaborated with Western University in Canada and Humboldt University in Berlin in producing cryptocurrency research.

Chris Khristie and Michelle Tan are co-founders of digital media group, Influasia, which caters to the English, Malay and Mandarin-speaking communities through their portals World of Buzz, Lobak Merah and Noodou.

Jin Xi Cheong is the founder of Poladrone, a company which took the drone to the palm oil industry to boost the efficiency in Malaysian palm oil plantations and crop farms.

Joolin Chuah is an associate in Insignia Ventures Partners who was instrumental in nearly 10 investments in 2018, including promising startups such as igloohome, CoHive and Sayurbox.

She is widely known as the go-to adviser for many entrepreneurs in Southeast Asia and sits on the board of Finhay, a robo-advisory platform in Vietnam.

Kendrick Wong, is the co-founder of Omnilytics, a fashion analytics platform that offers real-time market intelligence data across 75,000 brands.

Omnilytics’ big data services are used by retailers worldwide, as well as by financial market clients.

Melvin Poh, 27, is the co-founder of The Asian Entrepreneur, an international publisher and media platform with an active readership in 13 countries.

The Asian Entrepreneur recently partnered with the governments of Malaysia, Macau and South Korea to initiate several start-up communities and events.

Sarah Chen is a co-founder of The Billion Dollar Fund for Women, the primary goal of which was to tackle the gender funding gap faced by female founders.

The fund hopes to have invested US$1 billion in start-ups driven by women by 2020, and has secured pledges of over US$750 million from global investors including Gobi Partners, Golden Gate Ventures, Rethink Impact, Springboard Growth Capital, Backstage Capital and Different Funds.

Meanwhile, Wen Shin Chia is the founder of Green Yards, an eco-products company that makes soaps and candles from recycled cooking oil.

The company, which sources oil from Malaysia’s restaurants and households, sells the products online and in gift shops in the country.