Top 10 SME Companies in Singapore You Should Know 2025
Singapore’s small and medium enterprises (SMEs) are vital to the nation’s economy, showcasing innovation, resilience, and adaptability. Here are the top 10 SME companies in Singapore for 2025, detailing their histories, achievements, and reasons for their success.
1. Grab Holdings
Sector: Technology and Transportation
Revenue: $2.68 billion (2024)
History: Founded in 2012 by Anthony Tan and Tan Hooi Ling as MyTeksi to improve taxi safety in Malaysia, Grab has evolved into a super-app offering ride-hailing, food delivery, and digital payments across Southeast Asia. The company rebranded in 2016 and has since expanded its services significantly.
Why They Are Top: Grab’s innovative ecosystem integrates multiple services, enhancing user engagement and loyalty. Their revenue grew by 64.62% from 2022 to 2023, reflecting strong demand across all segments.
Website: Grab Holdings
2. Razer Inc.
Sector: Gaming Hardware and Software
Revenue: Approximately $1 billion (2024 estimate)
History: Established in 2005 by Min-Liang Tan and Robert Krakoff, Razer began with a focus on gaming peripherals. Over the years, it has expanded into software and services, creating a strong brand synonymous with gaming culture.
Why They Are Top: Razer’s commitment to innovation and community engagement has solidified its position as a market leader in gaming hardware. Their products are designed with gamers in mind, ensuring high performance and user satisfaction.
Website: Razer
3. Sea Group
Sector: E-commerce and Digital Entertainment
Revenue: $7.8 billion (2023)
History: Founded in 2009 by Forrest Li, Sea Group started as an online gaming company before expanding into e-commerce with Shopee and digital financial services through SeaMoney. The company’s strategic diversification has driven significant growth.
Why They Are Top: Sea Group’s ability to leverage its gaming expertise into e-commerce has made it a dominant player in Southeast Asia. Their platforms cater to millions of users, contributing to impressive revenue growth.
Website: Sea Group
4. Adventus Singapore
Sector: IT Solutions
Revenue: Estimated $50 million (2024)
History: Adventus was founded in 2010 to address the growing need for tailored IT solutions in various industries. The company focuses on providing innovative technology that enhances business efficiency.
Why They Are Top: Their customer-centric approach and commitment to leveraging cutting-edge technology have positioned Adventus as a trusted partner for many SMEs looking to optimize their operations.
Website: Adventus Singapore
5. CommGate
Sector: E-commerce and IT Strategy
Revenue: Estimated $30 million (2024)
History: CommGate was established in 2015 with a vision to help businesses transition into the digital realm effectively. They specialize in developing e-commerce strategies that drive sales and improve customer experiences.
Why They Are Top: Their expertise in integrating technology with business processes has made them an invaluable partner for SMEs aiming to enhance their online presence.
Website: CommGate
6. JustCommodity Software Solutions
Sector: Commodity Trading Software
Revenue: Estimated $20 million (2024)
History: Founded in 2006, JustCommodity focuses on providing software solutions for the commodity trading sector. Their products streamline trading processes for businesses globally.
Why They Are Top: JustCommodity’s innovative software solutions have significantly improved operational efficiencies for clients, establishing them as leaders in the commodity trading space.
Website: JustCommodity
7. Tagit
Sector: Mobile Banking Solutions
Revenue: Estimated $15 million (2024)
History: Tagit was founded in 2009 to revolutionize mobile banking experiences for financial institutions. Their focus on user-friendly applications has transformed how banks engage with customers.
Why They Are Top: Tagit’s commitment to enhancing customer engagement through technology has made them a preferred partner for banks looking to innovate their services.
Website: Tagit
8. Ubisoft Singapore
Sector: Game Development
Revenue: Estimated $100 million (2024)
History: Established in 2008 as part of the global Ubisoft family, Ubisoft Singapore focuses on developing popular video game franchises like Assassin’s Creed. The studio is known for its creativity and technical expertise.
Why They Are Top: Ubisoft Singapore’s dedication to quality game development and innovation has positioned it as a key player in the global gaming industry.
Website: Ubisoft Singapore
9. Red Hat
Sector: Open Source Solutions
Revenue: Approximately $3 billion (2024 estimate)
History: Red Hat was founded in 1993 and is recognized as a pioneer of open-source software solutions. The company provides flexible technology options for businesses worldwide.
Why They Are Top: Red Hat’s strong emphasis on community collaboration and innovation has earned it a reputation as a trusted partner for organizations seeking open-source solutions.
Website: Red Hat
10. Thoughtworks Singapore
Sector: Tech Consulting
Revenue: Estimated $250 million (2024)
History: Thoughtworks was founded in 1993, focusing on technology consulting services that help businesses implement digital transformations effectively. The company is known for its agile methodologies.
Why They Are Top: Thoughtworks’ commitment to delivering innovative solutions tailored to client needs has established it as a leader in tech consulting.
Website: Thoughtworks Singapore
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