Minghao Teoh

Minghao Teoh is the Co-Founder and Chief Operating Officer (COO) of Evo Commerce, a Singapore-based direct-to-consumer (DTC) health and wellness startup.14 He founded the company in 2020 alongside Roy Ang, who serves as the Chief Executive Officer (CEO).1

Prior to co-founding Evo Commerce, Teoh held significant roles in the tech industry:

1. He was part of the early team at Grab Financial Group, where he contributed to building GrabPay and other payment products across the region.14

2. Before his time at Grab, Teoh held management positions at e27 and Tech in Asia.1

3. During his tenure at Grab, he was tasked with setting up the Indonesia team in its startup phase and grew it to over 50 members before handing over leadership to local colleagues.2

Under Teoh's co-leadership, Evo Commerce has experienced significant growth:

• The company pivoted from live commerce software to DTC and saw a 700% growth in just five months.1
• Evo Commerce operates in 10 markets globally.1
• The startup broke even in June 2022 and aimed to hit 8-digit annualized revenue by the end of that year.13

In August 2022, Evo Commerce raised US$600,000 in seed funding led by East Ventures.1 More recently, in September 2023, the company secured an additional US$2.8 million for product development and expansion in Asia.5

Teoh's LinkedIn profile can be found under the username "minghaoteoh".3