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About Accelerating Asia

Accelerating Asia, an accelerator and incubator program founded in 2018, is based in Singapore, Singapore. With a presence in 15 countries, it has supported around 67 startups in sectors like Consumer, Enterprise Applications. As of Jun 2026, Accelerating Asia has witnessed 3 portfolio exits. Most notable companies in its portfolio include Drive lah, PriyoShop Retail and Sova Health. The program is backed by a team of 23 people who primarily support Seed startups based in Bangladesh. Its latest investment was a Undisclosed Seed round in Podium Society on Nov 25, 2025.
Key Metrics
Founded Year
2018
Location
Singapore, Singapore
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed
Locations of Investment

Accelerating Asia's List of Top Investments

Accelerating Asia has a portfolio of 67 companies. Their most notable investments are in Romoni and Fitscovery.Their portfolio spans across Bangladesh, Singapore, Indonesia and 12 more locations. They have invested in Consumer, Enterprise Applications, Retail and 25 other sectors, across stages such as Seed stage. Here is the list of top investments by Accelerating Asia:
Online P2P rental platform for cars. The platform enables car owners to list their cars for rental and connect with prospective renters. Users can further search, compare and book rental cars after providing relevant details.

Key facts about Drive lah

  • Founded Year: 2018
  • Location: Singapore (Singapore)
  • Annual Revenue: SGD 1M - 10M as on Dec 31, 2021
  • Stage: Series A
  • Total Funding till date: $14.2M
  • Employee Count: 53 as on Apr 30, 2026
  • Investors: Accelerating Asia, RK Investors and 25 Others
  • Latest Funding Round: Series A, Mar 24, 2026, $*****
Online B2B marketplace offering multi-category products. The product catalog includes electronics, fashion, beauty, stationery, groceries, and more. It also connects wholesalers, retailers, manufacturers, and customers.

Key facts about PriyoShop Retail

  • Founded Year: 2013
  • Location: Dhaka (Bangladesh)
  • Stage: Seed
  • Total Funding till date: $5.61M
  • Employee Count: 198 as on Apr 30, 2026
  • Investors: Orbit Ventures, SOSV and 14 Others
  • Latest Funding Round: Seed, Feb 19, 2024, $*****
  • Highlight: Editors' Pick
Provider of a gut-health and personalised wellness supplements. It offers microbiome tests using genetic sequencing, coupled with expert consultations to address conditions related to digestive, skin, hair, immunity, metabolic, and hormonal health. It also provides supplements and programs focused on gut health, cleanse, and detox, as well as addressing specific concerns like acidity, bloating, constipation, weight loss, and sleep issues.

Key facts about Sova Health

  • Founded Year: 2019
  • Location: Gurugram (India)
  • Annual Revenue: SGD 0 - 1M as on Mar 31, 2024
  • Stage: Seed
  • Total Funding till date: $1.35M
  • Employee Count: 59 as on Aug 31, 2025
  • Investors: Venture Catalysts, LetsVenture and 12 Others
  • Latest Funding Round: Seed, Jun 11, 2024, $*****
  • Highlight: Editors' Pick
Online platform offering multiple healthcare services. The services provided by the company include doctor consultations, lab tests, and online orders of prescription and OTC medicines

Key facts about MedEasy

Provider of managed coliving spaces. The company offers a platform for users to search for and rent co-living spaces. Professionals and corporates can also manage and lease their co-living spaces through the platform.

Key facts about Casa Mia Coliving

  • Founded Year: 2019
  • Location: Singapore (Singapore)
  • Stage: Acquired
  • Total Funding till date: $2M
  • Employee Count: 14 as on Apr 30, 2026
  • Investors: Accelerating Asia, CIMA and 11 Others
  • Latest Funding Round: Seed, Dec 15, 2022, $*****
  • Highlight: Acquired

Accelerating Asia's Investments by Stage

Accelerating Asia has made 50 investments in Seed stage with an average round size of $628K.

Accelerating Asia's Investments by Sector

Accelerating Asia has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Retail, Transportation and Logistics Tech and Gig Economy. Notably, it has invested in 60 Tech companies, 41 Enterprise (B2B) companies, 33 Consumer (B2C) companies and at least 25 companies focusing on Software.
Here are Accelerating Asia's investments by sector:
Sector
No. of Investments
Consumer
26
Enterprise Applications
17
Retail
14
Transportation and Logistics Tech
8
Gig Economy
7
Others
57
Breakdown of Accelerating Asia's investments by sectorsConsumer (26)Enterprise Applic... (17)
Note: We have considered here, only first round of investments

Accelerating Asia's Investments by Geography

Accelerating Asia has made most investments in Bangladesh (14), followed by Singapore where it has made 8 investments.
Here are Accelerating Asia's investments by geography:
Country
No. of Investments
Bangladesh
14
Singapore
8
Indonesia
5
India
4
Malaysia
4
Others
14
Breakdown of Accelerating Asia's investments by countriesBangladesh (14)Singapore (8)
Note: We have considered here, only first round of investments

Accelerating Asia's recent investments

Accelerating Asia has not made any investment in 2026 so far.
Here are the most recent investments by Accelerating Asia:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Nov 25, 2025
-
Seed
9989
-
May 04, 2025
Bangladesh
Seed
1484
-
Oct 04, 2024
Bangladesh
Seed
2564
-
Jun 11, 2024
India
Seed
2965
  [+5]
Feb 19, 2024
Bangladesh
Seed
6279

Acquired companies in Accelerating Asia's Portfolio

3 companies from Accelerating Asia's portfolio have been acquired. The most recent acquisition was Casa Mia Coliving in Nov 2025 by Cove for $*****.
Here are Accelerating Asia's portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Nov 21, 2025
Apr 13, 2021
Seed
2895
Sep 06, 2023
-
-
1201
Dec 27, 2021
-
-
8966

Team profile of Accelerating Asia

Accelerating Asia has a team of 23 members including 11 Partners, 5 Venture Partners and 2 Principals located in Singapore, United Kingdom and 4 more locations. Accelerating Asia's team sits on the board of 4 companies.
Here is a list of top team members in Accelerating Asia:
Name
Designation
Location
Board Memberships
Contact Details
Partner
Dubai
Partner
Singapore
-
Partner
Singapore
-
Partner
Singapore
-
-
Partner
India
-
-
Partner
Singapore
-
-
Partner
London
-
-
Partner
Singapore
-
-
Partner
Thailand
-
-
Partner
Singapore
-
-
Partner
Singapore
-
-

Co-investors of Accelerating Asia

Over the past 7 years, 97 investors have co-invested in Accelerating Asia's portfolio companies. This includes funds and angels.

  • Invested before Accelerating AsiaOrbit Ventures, K-Startup Grand Challenge and 28 others have invested in rounds before Accelerating Asia. There are 2 companies where Orbit Ventures has invested before Accelerating Asia and 2 companies where K-Startup Grand Challenge has invested before Accelerating Asia.
  • Top Co-investors of Accelerating Asia35 investors entered a company along with Accelerating Asia. These include investors like Bangladesh Angels (2 companies).
  • Invested after Accelerating AsiaA total of 32 investors have invested in Accelerating Asia's portfolio after their investments. Top Investors include Startup Bangladesh (4 companies) and Orbit Ventures (2 companies).

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