Varadise Named to Forbes Asia 100 to Watch 2025 List

Hong Kong, August 2025 – Varadise Limited is thrilled to announce that we have been recognized on the prestigious Forbes Asia 100 to Watch 2025 list. This honor places Varadise among the most promising and innovative startups and emerging companies across the Asia-Pacific region, highlighting our position as a leader in construction technology and digital transformation.

A Mark of Excellence in a Competitive Landscape

The Forbes Asia 100 to Watch list is the fifth edition of Forbes Asia’s annual recognition of the most promising startups and small companies in the Asia-Pacific region. This year’s list features 100 carefully selected companies from 16 countries and territories across the region, representing a diverse range of industries and innovation areas.

“Being included on the Forbes Asia 100 to Watch 2025 list is a tremendous honor that reflects the extraordinary efforts of our entire team,” said Terence Lui, CEO and Co-founder of Varadise. “This recognition validates our mission to revolutionize the construction industry through innovative digital twin technology and AI-powered solutions. We’re excited about the opportunities this brings for continued growth and expansion across the Asia-Pacific region.”

Rigorous Selection Process

Forbes Asia’s selection process for the 100 to Watch list is highly rigorous and competitive. Companies are assessed based on:

• Impact on their industry and potential to drive meaningful change
• Market fit and evidence of product-market viability
• Innovation and technological advancement
• Consistent revenue growth and business metrics
• Capability to attract funding and investor confidence

Leading Asia-Pacific’s Innovation Wave

The 2025 Forbes Asia 100 to Watch list reflects a dynamic innovation ecosystem with:

• 100 companies from 16 countries and territories
• Collective funding of nearly $3 billion
• Strong representation from India (18 companies), Singapore (14), Japan (14), Mainland China (9), Indonesia (8), and South Korea (8)
• Hong Kong among the represented territories with select standout companies
• Emphasis on AI and advanced technologies driving innovation and success

Expanding Global Impact

The Forbes Asia 100 to Watch recognition reflects Varadise’s growing influence not just in Hong Kong, but across the entire Asia-Pacific region. Our digital twin platform is transforming how construction projects are:

• Planned and visualized with advanced 3D digital representations
• Monitored in real-time with comprehensive IoT and sensor integration
• Managed collaboratively across multiple stakeholders and contractors
• Optimized for efficiency with AI-driven analytics and insights
• Tracked for sustainability with data-driven ESG management

Strategic Partnerships and Growth

Beyond individual recognition, Varadise has been expanding its footprint through strategic partnerships:

• Memorandum of Understanding with Dosk Contract Service Pte Ltd to enhance construction efficiency across Hong Kong, Singapore, and beyond
• Participation in GITEX Global 2025 in Dubai, showcasing digital twin solutions internationally
• Collaborations with major government departments including the Water Supplies Department and Civil Engineering and Development Department

Looking Ahead

As Varadise moves forward, the company remains focused on:

• Accelerating international expansion into key markets across Asia-Pacific, Mainland China, and the Middle East
• Advancing AI capabilities with products like COSMOS, powered by generative AI
• Scaling team and operations to serve more clients and markets
• Driving industry transformation through innovative digital solutions
• Building a more sustainable future through ESG-focused technology

About the Forbes Asia 100 to Watch List

The Forbes Asia 100 to Watch list showcases the most promising early-stage companies and startups across the Asia-Pacific region. The recognition provides visibility to emerging companies that are innovating across various industries, from biotechnology and healthcare to enterprise technology, robotics, and green technology. Collectively, the companies on the list represent the future of entrepreneurship and innovation in the Asia-Pacific region.