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Young and Dynamic Entrepreneurs of Singapore – The Top 10
In the bustling metropolis of Singapore, where innovation meets tradition, a new generation of dynamic entrepreneurs is reshaping the business landscape. These young visionaries are not only redefining success but also challenging norms and inspiring change. From empowering plus-size fashion to revolutionising digital marketing, they are the driving force behind Singapore’s vibrant entrepreneurial ecosystem. In this issue, Top 10 of Asia shares its list of Singapore’s top 10 young and dynamic entrepreneurs (presented in no particular order) who are making waves in Singapore and beyond.
Tianwei Liu, a pioneering entrepreneur, has made a lasting impact on the fintech industry. Born in China and finding his true calling in Singapore, he co-founded and serves as the CEO of Xfers. Liu’s mission with Xfers is to revolutionize online seller bank transfers and facilitate seamless financial transactions across Southeast Asia. His journey reflects a commitment to innovation and growth, evidenced by his professional stint at Amazon and his degree from the National University of Singapore. Liu’s dedication to advancing the fintech landscape showcases his vision and drive to make financial services more accessible and efficient in the region.
At an early age, Pocket co-founded SoGal Ventures, the first women-led, next-gen venture capital firm investing in world class women and diverse entrepreneurs. In the past few years, SoGal has built a track record of being the earliest and/or the only women investors in multiple billion-dollar companies. Under Pocket’s leadership, SoGal has built a top-performing, high-impact financial institution, a global brand as a strong ally for women entrepreneurs. She has been recognised with numerous awards including Entrepreneur Magazine 100 Most Powerful Women, Forbes Under 30 in VC, Singapore 100 Women in Tech, LinkedIn Top Voices and featured on Wall Street Journal, New York Times, Fortune, Bloomberg, Fast Company and more.
At the helm of The Curve Cult, Rani, an ambitious young entrepreneur, is transforming the plus-size fashion landscape in Singapore. Launched in 2015, her brand has become a beacon of empowerment and style for voluptuous women. When the pandemic struck, Rani swiftly transitioned to a digital-first approach, leveraging social media not just to sell but to celebrate every curve and stretch mark. Her savvy use of Instagram and TikTok turned into a branding masterclass, drawing thousands of views and transforming The Curve Cult into a household name among plus-size fashion circles. Rani’s content does more than showcase clothing. It champions body positivity, making her a key advocate in the local fashion scene. Her efforts illustrate the power of digital platforms in modern marketing and the importance of representation in fashion.
In 2012, Quek Siu Rui embarked on a mission to simplify the buying and selling experience, co-founding Carousell in Singapore. As CEO, Siu Rui has been the driving force behind the startup’s evolution, shaping its growth trajectory and international expansion. His dedication to technology stems from a desire to address real-world challenges, evident in Carousell’s user-centric approach. Drawing from his diverse background in marketing and product management at esteemed companies like Vsee, Ogilvy & Mather, and DBS Vickers, Siu Rui infuses innovation into every aspect of Carousell’s operations. Reflecting on his journey, Siu Rui emphasises the importance of product focus and scalability in building a successful tech venture in Singapore. Carousell’s disruptive impact on the classifieds marketplace underscores his vision and leadership, cementing its status as a trailblazer in the digital commerce realm.
Liyana Sulaiman, renowned as the CPTO and Co-Founder of Pollen, leads the charge in revolutionising Asia’s B2B Liquidation marketplace with a sustainable focus. Beyond her entrepreneurial success, Liyana’s influence reverberates through her role as a mentor to budding startups and her pivotal involvement in steering committees for digital transformation initiatives. As a UN Women Singapore Ambassador in STEM, she passionately advocates for inclusivity, echoing her early contributions as a founding board advisor at Girls in Tech Singapore. Liyana’s journey reflects not only her professional prowess but also her unwavering commitment to fostering diversity in the tech sphere. Her multifaceted approach leaves an enduring legacy, inspiring a new generation of leaders to embrace innovation and equity in technology.
For Anda Chaudhry, shopping for clothes used to be an ordeal, especially as a size 20 in Singapore. The struggle of finding garments that fit properly and didn’t break the bank was all too familiar. However, a vacation to Australia changed everything. In 2021, at just 27 years old, Anda launched WearBums, an all-size inclusive clothing line. Her mission is to recreate the inclusive shopping experience she found abroad, right in Singapore. WearBums is more than fashion. It is about empowerment. It is about making every individual feel seen and celebrated, regardless of size. And for Anda, it is a testament to the transformative power of a positive shopping experience.
Gregory Van, the CEO and co-founder of Endowus, is transforming wealth management in Asia with a mission to democratize investing. Based in Singapore, Endowus offers a digital platform that merges private wealth with public pension savings, including CPF and SRS. Gregory aims to reduce financial waste and harness untapped talent to minimize costs and enhance returns. His dedication to transparency, innovation and accessibility is setting new industry standards, fostering improved financial literacy and investment opportunities for all. Through Endowus, Gregory is making investing more inclusive, ensuring that everyone has the chance to grow their wealth effectively.
Keith Tan, the CEO of Crown Digital, is revolutionizing the coffee sector with his innovative creation, ELLA—the first robotic barista in Singapore. ELLA can produce up to 200 gourmet coffee cups per hour, maintaining both quality and consistency. It offers a completely contactless service, where customers can place and pay for their orders via a mobile app. Leveraging deep learning and predictive analytics, ELLA optimizes the entire coffee-making process for a flawless experience. Tan is driven by a mission to democratize access to high-quality coffee, and with ELLA’s impressive performance, he is advancing steadily towards realizing this ambition.
Rachel Lim, a Singaporean entrepreneur, has made an enduring impact on the fashion realm. Starting Love, Bonito in 2010, she elevated it from a modest blog shop to a fashion empire worth millions. Rachel embarked on her journey fueled by a love for second-hand clothes, daringly venturing into designing her own creations. Today, Love, Bonito stands as a global phenomenon, backed by substantial investments from across the globe. Her narrative embodies resilience, ingenuity, and unwavering resolve. Initially utilizing her mother’s savings to jumpstart the venture, she exemplified that with dedication and foresight, dreams can materialize into reality. As Love, Bonito flourishes, Rachel Lim stands as a beacon of inspiration for budding entrepreneurs worldwide.
Prakash Somosundram, the visionary co-founder and CEO of Enjinstarter, spearheads a pioneering platform that is reshaping token launches. Enjinstarter prioritizes fairness and inclusivity through a community-centered ethos. Prakash’s deep understanding of decentralized finance (DeFi) and inventive approaches like decentralized IDOs and liquidity bootstrapping pools distinguish Enjinstarter. His dedication to transparency and empowering the community propels the platform’s advancement in the crypto realm.