Welcome to Tech in Asia’s daily newsletter, your essential dose of Asia’s tech and startup buzz. Not yet a subscriber? Register here. Got a story tip? Send it to editors@techinasia.com.
In focus
- Tracking Southeast Asian startups that are in the black
- Writing code is no longer enough for Singapore’s tech jobs
- From the archive: ByteDance’s quiet AI bet pays off as profits surge
Hello reader,
A few weeks ago, Tech in Asia published a newsletter with the title IJooz turns oranges into gold.
This headline sparked a question for me. Why hasn’t a branded, scalable juice chain made it big in India yet? Juice stalls are everywhere, packaged brands crowd store shelves, and the market is expected to cross US$500 million domestically by 2030.
Still, no player has squeezed the opportunity the way IJooz has.
The Singapore-founded startup reported a net profit of around US$2.5 million in FY2024 after more than doubling revenue.
It now plans to expand into the US and is targeting to list in the country by 2027, earning its place in Southeast Asia’s growing roster of profitable startups, a list which we have just updated.
In a tougher funding climate, profitable companies stand out for the simple reason that they have learned how to grow without burning cash. As we head into 2026, that discipline is becoming a competitive advantage rather than a constraint.
Other notable firms in the tracker include Fomo Pay and Indonesia’s IDN, often dubbed the “BuzzFeed of Indonesia,” which has stayed profitable for seven straight years.
Meanwhile, we also look at how AI is reshaping hiring in Singapore. As generative AI makes coding easier and more automated, companies say technical skills alone are no longer enough.
Samreen Ahmad, journalist
Top Stories
1️⃣ A list of profitable startups and tech companies in SEA
Image credit: Arsal Ysfin
From our archives
Trending news
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
