Asia has emerged as the powerhouse of global startup innovation. In 2025, cities across the continent are producing unicorns, attracting massive investment, and nurturing a vibrant ecosystem of entrepreneurs. According to Forbes Asia’s “100 to Watch” list 2025, alongside StartupBlink and Startup Genome 2025, several Asian cities are leading the charge as top startup hubs.
This guide highlights the top Asian startup cities 2025, the industries they focus on, and why they remain magnets for founders and investors worldwide.
1. Beijing, China
Beijing ranks at the top for startups in Asia. Its strengths lie in AI, biotech, and deep tech, supported by world-class universities and government incentives. Beijing is home to some of the continent’s largest unicorns and continues to attract global venture capital.
2. Shanghai, China
Shanghai excels in fintech, e-commerce, logistics, and health tech. Its strong infrastructure and international connectivity make it ideal for scaling startups. Forbes Asia has highlighted multiple Shanghai-based startups disrupting finance and retail.
3. Singapore
Singapore is Southeast Asia’s premier startup hub. Its transparent regulations and strategic location draw international founders. Fintech, biotech, and sustainability tech dominate the ecosystem, supported by government programs like Startup SG.
4. Bangalore, India
Known as “India’s Silicon Valley,” Bangalore is strong in SaaS, AI, and enterprise solutions. With a large talent pool and affordable operational costs, it is producing unicorns at an impressive rate. Social and leisure tech startups are also thriving.
5. Seoul, South Korea
Seoul focuses on AI, gaming, biotech, and deep tech. Heavy R&D investments and government incentives make it one of Asia’s most innovative startup ecosystems. Forbes Asia frequently features Seoul-based startups in technology and gaming sectors.
6. Tokyo, Japan
Tokyo is a leader in robotics, AI, and enterprise technology. Startups benefit from Japan’s industrial strength, high-tech infrastructure, and global investor interest. It is a major center for deep tech innovation in Asia.
7. Shenzhen, China
Shenzhen thrives on IoT, electronics, hardware, and green tech. Its proximity to manufacturing hubs provides a unique advantage for hardware startups, while clean energy innovation is on the rise.
8. New Delhi, India
The Delhi NCR region is growing rapidly in fintech, e-commerce, and edtech. Forbes Asia highlights several Delhi-based startups disrupting digital payments and education. Its large consumer market continues to drive growth.
9. Hong Kong
Hong Kong remains a key hub for fintech, healthtech, and logistics startups. Its strong international financial connections and gateway status to China make it attractive for startups aiming to scale regionally.
10. Hangzhou, China
Hangzhou benefits from the Alibaba ecosystem, making it a hotspot for e-commerce, AI, and software startups. Local entrepreneurial culture and corporate spillover effects strengthen the city’s startup ecosystem.
Booming Startup Sectors Across Asia
While each city has unique strengths, these sectors dominate the Asian startup scene in 2025:
- AI & Machine Learning: Beijing, Seoul, Tokyo
- Biotech & Healthtech: Singapore, Shanghai, Beijing
- Fintech & Payments: Singapore, Hong Kong, New Delhi
- E-commerce & Retail Tech: Hangzhou, Shanghai, Bangalore
- Deep Tech & Robotics: Tokyo, Shenzhen, Seoul
Top Startup Trends in Asia 2025
The 2025 edition of Forbes Asia’s list shows clear trends in innovation:
- Fintech and Digital Payments – Countries like Singapore, Hong Kong, and India dominate this sector with cutting-edge platforms disrupting traditional banking.
- Artificial Intelligence & Machine Learning – Beijing, Seoul, and Tokyo are leading AI startups in enterprise solutions, automation, and consumer products.
- E-commerce & Marketplaces – Alibaba-inspired ecosystems in Hangzhou, Shanghai, and Bangalore continue to innovate with logistics, retail tech, and micro-commerce.
- HealthTech & Biotech – Singapore, Shanghai, and Beijing are making waves in digital health, telemedicine, and biotech R&D.
- SaaS & Enterprise Tools – India’s Bangalore, Singapore, and Seoul are producing scalable software solutions for global markets.
Notable Startups on the Forbes Asia 100 To Watch 2025
Some startups featured in 2025 include:
- Fintech: Payment solutions bridging traditional banking and digital wallets across Asia.
- AI & Machine Learning: Advanced AI platforms solving enterprise automation and analytics problems.
- HealthTech: Telemedicine, biotech research, and wellness apps gaining traction.
- E-commerce: Micro-marketplace platforms and logistics startups redefining shopping experiences.
- SaaS: Enterprise and B2B software tools enabling remote work, automation, and analytics.
These companies represent the next wave of innovation, often backed by global investors, and are expanding rapidly in multiple countries.
Why the Forbes Asia 100 To Watch Matters
- Global Visibility: Startups gain recognition, attracting investors and partners.
- Credibility: Being featured by Forbes validates a startup’s potential.
- Networking: Companies connect with peers, accelerators, and venture capitalists.
- Market Insights: Provides a snapshot of emerging trends and sectors dominating Asia’s economy.
This list acts as a benchmark for investors and entrepreneurs, helping them discover which startups could shape the next decade of business innovation.Asia’s startup ecosystem is flourishing like never before. From Beijing’s AI labs to Bangalore’s SaaS companies and Singapore’s fintech hubs, these top Asian startup cities 2025 are defining innovation for the global stage. With strong funding, talent, and government support, Asia isn’t just keeping up with global trends—it is leading the future of startups.
Follow Best Startup Asia for the latest trends, startup insights, and breakthrough technologies shaping the future.
