# Borong

> Borong (formerly Dropee) is a Malaysian B2B technology company that runs a neutral eProcurement platform and wholesale marketplace connecting enterprises, government agencies and small retailers with vetted suppliers. It bundles purchasing software, a supplier network of 37,900+ vendors and embedded trade financing into one platform, and has facilitated more than RM28 billion in transactions. Founded in 2017 and part of Y Combinator's W20 batch, Borong topped the Financial Times' High-Growth Companies Asia-Pacific list in 2026 after ranking second in 2025.

- **Founded:** 2017
- **Headquarters:** Kuala Lumpur, Malaysia
- **Founders:** Lennise Ng (Chief Executive Officer and Co-Founder), Aizat Rahim (Co-Founder and Managing Director), Haslind Rasip (Co-Founder)
- **Team size:** ~160 employees
- **Products:** Borong Marketplace, Borong Procure, Borong Credit, MIDAS, Borong Direct
- **Notable:** Ranked No.1 on the Financial Times High-Growth Companies Asia-Pacific 2026 list - the only Malaysian company to top it., Ranked No.2 on the same Financial Times list in 2025, the highest-ranked Malaysian company that year., Selected for Y Combinator's Winter 2020 (W20) batch.

## Products & services

- **Borong Marketplace** — Open B2B wholesale marketplace connecting buyers with 37,900+ vetted suppliers and 4.1M+ SKUs across categories.
- **Borong Procure** — eProcurement SaaS that digitises internal purchasing workflows with custom approval matrices, vendor management and spend visibility.
- **Borong Credit** — Embedded trade financing and buy-now-pay-later credit lines integrated at the point of order, backed by USD 270M in committed banking capacity.
- **MIDAS** — AI-powered price benchmarking and spend-intelligence tool that flags overpaying and surfaces savings across the catalogue.
- **Borong Direct** — Direct selling channel that lets suppliers reach enterprise buyers on the platform.
- **Invoice Financing** — Working-capital advances that let suppliers get paid earlier on outstanding invoices.

## Achievements

- Ranked No.1 on the Financial Times High-Growth Companies Asia-Pacific 2026 list - the only Malaysian company to top it.
- Ranked No.2 on the same Financial Times list in 2025, the highest-ranked Malaysian company that year.
- Selected for Y Combinator's Winter 2020 (W20) batch.
- Facilitated more than RM28 billion in B2B transactions.
- Extended over RM1.1 billion in credit facilities to businesses.
- Grew a supplier network to 37,900+ vetted vendors and 4.1M+ SKUs serving 190,000+ businesses.

## Latest updates

- **2026-03** — Borong ranked No.1 on the Financial Times High-Growth Companies Asia-Pacific list, up from second in 2025 - its second consecutive appearance.
- **2025-03** — Borong ranked second fastest-growing company in Asia-Pacific by the Financial Times, the highest-ranked Malaysian firm.
- **2024-05** — Latest reported funding activity; company continues to expand its enterprise and government procurement business.
- **2023-12** — Company rebranded from Dropee to Borong to reflect its shift from dropshipping to B2B wholesale and enterprise procurement, targeting 1 million MSMEs.

## Links

- Website: https://www.borong.com/
- LinkedIn: https://www.linkedin.com/company/borong-malaysia/
- Twitter/X: https://twitter.com/dropeeofficial
- Instagram: https://www.instagram.com/borongofficialmy/
- Facebook: https://www.facebook.com/borongofficialmy/

---

Profile page: https://yespress.io/borong
Published by YesPress — https://yespress.io
Last updated: 2026-08-05