Accelerating Asia Launches Cohort 11: 9 Startups Across 7 Countries
Deal News | May 23, 2025 | Accelerating Asia Pte Ltd
Accelerating Asia has announced its latest initiative, Cohort 11, which brings together nine startups from seven countries across South and Southeast Asia. Out of hundreds of applications, only 2% were successful, highlighting the competitive nature of the program. The cohort is distinguished by its focus on real-world challenges in AI, Cleantech, Fintech, Agritech, HR, SaaS, and IoT, with startups such as Payd from Malaysia and TB-AI from Pakistan making the list. Notably, 60% of the cohort's co-founders are female, demonstrating a commitment to gender diversity. These startups are positioned as mission-driven and investor-ready, operating with innovative solutions ranging from AI diagnostics and agricultural analytics to workforce management and corporate rewards. Investors have the opportunity to support all the startups through Accelerating Asia's Fund 2.
Sectors
- Venture Capital
- Technology
- Cleantech
Geography
- South and Southeast Asia – The cohort includes startups from Malaysia, Pakistan, Bangladesh, Singapore, Cambodia, and Sri Lanka, representing this region.
Industry
- Venture Capital – Relevant as Accelerating Asia is a venture capital firm launching Cohort 11 to support selected startups.
- Technology – Relevant due to the focus on AI-driven solutions and other tech areas across the cohort startups.
- Cleantech – Several startups in the cohort are involved in sustainable technology solutions, highlighting the sector's relevance.
Financials
- – No specific financial figures like revenue or fundraising were disclosed in the announcement.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Accelerating Asia Pte Ltd | PE Firm | Company | A venture capital firm based in Asia focusing on accelerator programs for startups. |
| Payd | Startup | Company | A Malaysian company offering solutions for earned wage access and casual worker management. |
| TB-AI | Startup | Company | A Pakistani AI-driven company focused on diagnostics for infectious diseases. |
| iPAGE (Aunkur) | Startup | Company | A Bangladeshi company empowering farmers with AI-powered farm analytics. |
| ByteGenie | Startup | Company | A Singaporean company enhancing hospitality through AI to improve sales and reduce costs. |
| Foodrazor | Startup | Company | A Singapore-based firm automating restaurant operations for competitive advantage. |
| Inovace Technologies Ltd. | Startup | Company | A Bangladeshi company providing IoT, biometric, and SaaS solutions. |
| WORKINGNA | Startup | Company | A Cambodian startup using AI for smarter recruitment in sales and revenue roles. |
| Thyaga | Startup | Company | A Sri Lankan company offering a corporate rewards platform with flexible vouchers. |