Forbes Asia Releases 100 to Watch List.

"Companies on this year’s 100 to Watch list are charting a way forward. Singapore is this year’s leading locale for companies on the list, while biotech and healthcare is the top category, underscoring how the pandemic affected small companies and startups," says Justin Doebele, editor of Forbes Asia.

As Asia-Pacific moves into post-pandemic mode, the qualities of creativity, resilience and capacity for change shine through in the second Forbes Asia 100 to Watch list. 15 countries and territories are represented across 11 categories that include biotechnology and healthcare, e-commerce and retail, and finance. Singapore’s vibrant startup community contributed 19 companies to the list, followed closely by Hong Kong with 16. South Korea has 15, China has 13 and India has 11 companies on the list.

For the selection of the 100 to Watch list, Forbes Asia solicited online submissions, andinvited accelerators, incubators, SME advocacy organizations, universities, venture capitalists and others to nominate companies as well. The final 100 was selected from over 650 submissions.

To qualify for consideration, companies had to be headquartered in the Asia-Pacific region, privately owned, for profit, have no more than $50 million in its latest annual revenue and have no more than $100 million in total funding through August 1. Forbes Asia editors evaluated each submission, looking at metrics such as a positive impact on the region or industry, a track record of strong revenue growth or ability to attract funding, promising business models or markets, and a persuasive story.

For the complete 100 to Watch list, please visit www.forbes.com/100toWatch

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