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StartupBlink ranks eight Singapore firms in 2025 activity index

Leading the national charge is Singtel, which achieved a total score of 27.211.

Singapore continues to make strategic strides in corporate innovation, with eight local firms ranked in the latest Corporate Startup Activity Index 2025, a global assessment of how actively large companies engage with startups.

The report, which evaluated 372 corporations worldwide, highlighted Singapore’s growing influence in targeted sectors such as telecommunications, fintech, and transportation.

Leading the national charge is Singtel, which achieved a total score of 27.211, making it the top-ranked Singapore company and placing it 9th globally in the Hardware & IoT category.

Notably, it also ranked 2nd worldwide in the Telecommunications sub-industry, a sector where innovation and startup partnerships are critical.

Other notable entries from Singapore include:

  1. Crypto.com (Fintech) – Score: 6.592
  2. SMRT Corporation Ltd (Transportation) – Score: 4.202
  3. Grab (Foodtech) – Score: 1.938
  4. DBS Bank (Fintech) – Score: 1.847
  5. ComfortDelGro (Transportation) – Score: 1.811
  6. PSA International (Transportation) – Score: 1.807
  7. Esco Group (Conglomerate) – Score: 1.524

Singapore’s transportation sector emerged as the most active, with three out of the eight companies coming from that industry: SMRT, ComfortDelGro, and PSA International.

Crypto.com led Singapore’s fintech representation, outranking other regional players and confirming the city-state’s position as a hub for blockchain and digital finance.

DBS Bank, whilst scoring lower, was still recognized for its engagement through accelerators and innovation partnerships.

The Corporate Startup Activity Index evaluates corporations based on criteria such as startup investments, acquisitions, partnerships, participation in accelerator programs, and the presence of internal innovation initiatives.
 

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