Dropee is second Malaysian startup to make it into Y Combinator.

Dropee second Malaysian startup Y Combinator

Dropee, the Malaysian B2B wholesale marketplace startup, has been accepted into Y Combinator, one of the most prestigious Silicon Valley accelerators from America.

Founded by Lennise Ng and Aizat Rahim, Dropee is the second Malaysian startup company to be accepted into the program, the first being Dahmakan in 2017.

Dropee founders, Aizat Rahim and Lennise Ng News Asia Today
Dropee founders: Aizat Rahim and Lennise Ng.

Dropee is a business-to-business marketplace that connects suppliers and retailers on a digital platform, enabling both to digitise sales orders and track inventories while providing fulfilment of goods and access to real-time data.

Over the past year, Dropee claims to have grown over 400%, with more than 4000 retail users across Malaysia using their services.

Dropee is second Malaysian startup to make it into Y Combinator. 13

Dropee’s platform dashboard.

The company previously raised a seed round of funding from Vynn Capital and Prasetia Dwidharma of US$350,000, and is expecting to close over US$2 million in follow-on funding moving forward, with one of the investors being Y Combinator.

Moving forward, Dropee will focus on strengthening their presence in Malaysia, while potentially expanding to Indonesia and Thailand.

Jia Suriyanto
Indonesian Journalist at News Asia Today. I cover the latest news and stories on Indonesia, particularly on business.