But according to a new study from LinkedIn, these 15 startups have risen above these challenges in Singapore.
“But while it was a challenging time, some argue that innovative ideas were born in times of uncertainty,” LinkedIn said.
“Operating with limited resources and limited capital can motivate young companies to prioritize assets and value and adapt quickly.”
When compiling the list, LinkedIn relied on internal data collected between July 1, 2021 and June 30, 2022, measuring startups based on four dimensions: – job growth, engagement, interest in work and attracting top talent.
To be eligible, companies must be headquartered in Singapore, have 50 or more employees, and be seven years old or younger at the time of calculation.
The professional site says the rankings serve as a resource for employees who are “excited by the opportunity to innovate” and develop their skills.
Here is the complete list of Singapore’s Top Startups 2022.
15. Geniebook – E-learning service
14. Carro – Automotive market
13. Zenyum – Retail
twelfth. Syfe – Financial services
11. Intelligence group first – Financial services
ten. LingoAce – E-learning service
9. Spenmo – Financial services
8. Cake DeFi – Financial services
7. ADDX – Financial services
6. The respectation – Health care services for the elderly
Industry: Financial services
Number of full-time employees: 120
Most popular skills: Digital literacy, business management, digital marketing
New on the list is Enterprise Pace, a buy-now, pay-later platform that allows consumers to make purchases and pay at a later date or through three monthly payments. Pace has hundreds of points of sale throughout the region and its brand partners include AppleJapanese clothing retailer Uniqlo, and travel booking site Trip.com.
Industry: Financial services
Number of full-time employees: 140
Most popular skills: Development tools, web development, digital literacy
Digital Wealth Advisor Endowus aims to help people in Singapore achieve their retirement goals and become more financially savvy. According to LinkedIn, the fintech company provides investment advice to institutional and retail investors through so-called “robot advisors”. Customers can invest with cash or with money from their retirement savings program, known as the Central Endowment Fund.
Industry: Food service
Number of full-time employees: 130
Most popular skills: Digital literacy, business management, data science
Flash Coffee is another new entry on the list – it’s a tech-enabled coffee shop chain that offers a cup of joe with affordable prices. Its app allows customers to order and pay for their coffee remotely, then pick up their order from stores – or have it delivered.
Number of full-time employees: 560
Most popular skills: Digital literacy, project management, data science
Doctor anywhere is a telemedicine provider that aims to make healthcare more accessible. Its mobile application allows patients to consult a doctor quickly from anywhere. To date, it has served more than 2.5 million users across Asia, according to LinkedIn.