Open For Business

BFM Media
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Mar 8, 2026 • 42min

12 Studios, 8 Figures, PE-Backed: Inside The Flow Studio

How do you scale "good vibes" & namaste into a sustainable, 8-figure business? On the surface, the boutique fitness industry looks like a beautiful blend of aesthetics, mindfulness, and calm. But underneath that highly curated exterior is a fiercely competitive, operationally intense environment where your core product, the instructor, literally walks out the door every single night.When The Flow Studio opened its first location in Bangsar in 2018, it started as a bootstrapped venture designed to bring high-quality, low-impact movement to Kuala Lumpur. By fiercely defending its brand consistency, hyper-localising its community offerings, and pricing its classes as "attainable luxury," the brand aggressively scaled its footprint, building a loyal customer base and 12-studios across Malaysia and Singapore.To sustain that growth and institutionalise the brand, the company had to evolve. Tiffany Yow, CEO and Co-Founder of The Flow Studio, joins Open for Business to unpack her transition from a bootstrapped founder to a private equity-backed CEO. She reveals the rigorous unit economics behind their vertically integrated business, the operational playbook for systemising a premium brand experience, and why she partnered with impact investor Bintang Capital Partners to prepare for the company's next major financial milestone.Learn More About:Attainable Luxury: How The Flow Studio justifies its premium brand experience at an average market price (like an RM55 group reformer class) to make intelligent, low-impact movement accessible to the masses.Systemising the Vibes: The operational playbook for maintaining strict brand consistency across 12 venues, from the signature studio scent to rigorous internal instructor training, so clients trust the brand over the individual teacher.Vertical Integration: How the business diversified its revenue streams beyond drop-in classes by launching US-accredited teacher training programs, retail merchandise, and HRD-certified corporate wellness retreats.The B Corp Ambition: Why the company is pursuing B Corp certification, and the strategic importance of operating a 95% female workforce that creates flexible career pathways for single mothers and returning professionals.See omnystudio.com/listener for privacy information.
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Mar 5, 2026 • 21min

Can This Startup Democratise Diagnostics?

Advanced diagnostics often remain locked inside centralised laboratories and are technically impressive, but inaccessible to many who need them most. Ablesen is attempting to bridge that gap.Founded by Zainiharyati Mohd Zain and selected as one of the top startups in the 2025 PACE Bootcamp by ARTEM Ventures, Ablesen develops rapid, sensor-based diagnostic platforms designed for deployment beyond traditional lab environments. Currently at the MVP to early-commercialisation stage and fully bootstrapped, the company is navigating the complex journey from scientific validation to regulatory readiness and market entry.We explore the realities of building a deep-tech startup in Malaysia, from governance lessons and fundraising strategy to product development, commercial viability, and the ambition to scale regionally.See omnystudio.com/listener for privacy information.
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Mar 4, 2026 • 42min

20 Years, 300 Stores: Inside Coolblog's Post-Founder Era

How does a homegrown, 20-year-old beverage brand survive the influx of massive foreign competitors like Mixue? Coolblog CEO Sueli Lew joins us to unpack the company's evolution from a founder-led business to a private equity-backed franchise empire generating RM70 million in revenue. We discuss their hypermarket strategy, the unit economics of their 300+ stores, and Archipelago Capital Partners' ultimate exit strategy.Founded in Johor Bahru in 2005, the brand aggressively scaled its initial footprint by targeting hypermarkets and secondary towns, quietly building a massive loyal customer base while bigger competitors fought over expensive, premium urban storefronts.To sustain that scale and defend its market share in today's brutal F&B environment, Coolblog had to grow up. Now backed by Archipelago Capital Partners, the company has professionalised its operations, overhauled its supply chain, and dialed in its franchise economics to prepare for its next major financial milestone.Learn More About:The 50/50 Playbook: Why maintaining an even split between corporate-owned and franchisee-owned stores gives the headquarters vital "skin in the game" for product testing and operational empathy.Franchise Economics: A breakdown of the numbers behind their 300-store network, from the initial setup cost to the financial mechanics.Supply Chain as a Moat: The strategic necessity of running an in-house distribution center to rapidly fulfill unexpected demand surges for viral items, like their Kunafa Pistachio Chocolate drink.Institutionalising the Business: How the private equity buyout led to the establishment of dedicated business development, Halal compliance, and quality control teams, replacing legacy systems like manual punch cards with biometric scanners.The Private Equity Endgame: Archipelago Capital Partners' midterm ambition for Coolblog, including potential exit strategies like a strategic merger, a listing, or an acquisition by a foreign entity within the next 12 to 24 months.See omnystudio.com/listener for privacy information.
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Mar 3, 2026 • 23min

Beyond Dead Batteries: The Business Of Roadside Rescue

BateriHub doubled from 100 to 200 branches in a year, promising roadside battery support within the hour. But what does it really take to scale reliability across Malaysia?With over 800,000 vehicles sold in 2025 alone, breakdown scenarios are no longer rare inconveniences. They’re part of everyday mobility. In this conversation, Stanly Ng, General Manager of BateriHub, explains how the company built a fully direct-owned nationwide network covering 500+ service areas across 11 states and why control, not franchising, underpins its growth strategy.We explore the operational strain behind rapid expansion, what healthy unit economics look like for each branch, and how the next phase toward 300 outlets and East Malaysia will be funded. As volumes grow, so does responsibility. We also discuss how used batteries are handled, and what accountability should look like in Malaysia’s automotive aftermarket.See omnystudio.com/listener for privacy information.
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Mar 2, 2026 • 32min

The Growthpro Strategy to Combat Traditional SEOs

Most digital agencies sell rankings and traffic. Growth.pro sells visibility within AI systems.Founder and CEO, Alvin Koay, has built an AI-first SEO agency designed for a world where search engines are no longer the only gatekeepers. Instead of focusing purely on keywords, the company helps brands structure their digital presence for AI citations and measurable commercial outcomes.In this conversation, we explore how Growth.pro makes money, how they are different in a crowded agency market, the operational challenges of running an AI-driven marketing business, and what’s next for the business going forward.See omnystudio.com/listener for privacy information.
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Mar 1, 2026 • 37min

30+ Years Of Serai: Building A 9-Figure F&B Family Biz

Running a restaurant is notoriously brutal. Running one successfully for over three decades is rare. Scaling it into a 9-figure, multi-brand F&B empire, while keeping it entirely in the family, is something else entirely.Founded in 1990 as a single restaurant in Shah Alam, Serai Group has evolved into a hospitality powerhouse behind concepts like Serai, Jibby & Co, and Jibby East Grill, alongside a strong B2B business.To unpack this 30-year generational success story, Founder Rina Abdullah, alongside daughter Datin Qistina Taff and son-in-law Datuk Mohd Najib Abdul Hamid, join the show to discuss building the Serai Group legacy.Learn About:Family in the Boardroom: How a mother, daughter, and son-in-law structure corporate decision-making, manage inevitable disagreements, and separate family dynamics from business strategy.From 1 Restaurant to a Portfolio: The evolution into a multi-brand group.Scaling Without Losing Control: The operational realities and growing pains of expanding a massive F&B footprint.The Capital Question: After 30+ years of independent, self-funded growth, is the family finally open to bringing in outside capital and institutional investors?The Next Decade: What lies ahead for the Serai Group empire and their thoughts on generational succession.See omnystudio.com/listener for privacy information.
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Feb 26, 2026 • 46min

Foodie Media: From RM1 A Day To RM75M IPO

From making less than RM1 a day as a Penang food blog, to ringing the bell on a RM75 million ACE Market IPO. Foodie Media’s co-founders share their recipe.In 2016, it was just a side hustle, a simple food blog called Penang Foodie fueled by cents from AdSense. Fast forward 9 years, and that side hustle has transformed into a digital media juggernaut with over 46 million followers across a portfolio of 37 lifestyle brands, ranging from KL Foodie to Malaysia Homie.Fresh off their 2025 ACE Market debut and now armed with RM50 million in cash reserves (as of their Q1 results), husband-and-wife duo Lim Pinn Yang and Ang Rui Mei join BFM’s Open For Business to unpack their story from scrappy content creators to public company executives.Learn about:The "4 C's" Engine: How they evolved from pure media publishing to monetising Creators (KOLs), Commerce (live streaming), and Community (offline events like the KL Foodie Fest).The Pasar Pagi Playbook: How Ping Yang's childhood mornings watching his father sell multi-tools at the morning market helped shape the company's content-to-commerce philosophy.Co-Founder & Spouse Dynamics: The messy reality of dating while building a startup, resolving fierce disagreements, and learning to divide operational roles.Surviving the Algorithm: How they mitigate platform risk ("rented land") across Meta, Google, and ByteDance to sustain 46 million followers.The IPO Reality Check: Navigating a RM75M public listing, why you shouldn't build a company just to go public, and the psychological toll of checking your own stock ticker.See omnystudio.com/listener for privacy information.
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Feb 25, 2026 • 22min

How AquFish Is Turning Fish Farms Smart

Aquaculture is one of the fastest-growing food production sectors, but it’s also exposed to volatility, rising feed costs, water quality risks, and unpredictable climate patterns. AquFish believes artificial intelligence can change that.Founded by Rafiq Razali, AquFish is building AI and machine learning tools designed to help fish farms move from reactive decision-making to predictive operations. By combining sensors, analytics, and real-time monitoring, the company aims to improve yield, reduce losses, and optimise farm performance.We explore how the idea came about, the technology stack behind smart aquaculture, where the business stands in terms of fundraising, and what it takes to scale an agri-tech startup in Malaysia’s evolving food security landscape.See omnystudio.com/listener for privacy information.
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Feb 24, 2026 • 39min

Carsome, But For Car Servicing? ServAuto's RM24M Raise

Would you trust a TikTok live streamer to sell you car servicing? Armed with US$6 million (RM24 million) in recent funding, ServAuto is betting that you will.Co-Founder & COO Phoy Yong Hao unpacks how they are digitalising the traditional workshop ecosystem. The ex-Carsome executive breaks down how ServAuto uses an online-to-offline (O2O) model driven heavily by TikTok live commerce, having already served 30,000 customers and expanded to 150 workshops in just one year.Learn about:The TikTok Conversion Engine: Why ServAuto relies heavily on TikTok live streams to answer high-intent customer questions and drive actual sales (with a claimed 10 million monthly views).The "Mom & Pop" Consolidation: How ServAuto standardises pricing, parts sourcing, and customer retention for neighbourhood workshops without outright replacing them.Tinting as Customer Acquisition: Why window tinting acts as the ultimate entry point for new car owners, bringing them into the ServAuto ecosystem.Preventing Platform Leakage: How ServAuto stops workshops and customers from bypassing their platform by controlling product quality and offering unbeatable wholesale parts pricing.The Carsome Synergy: The strategic advantage of sharing investors, an after-sales partnership, and a direct talent pipeline (via Carsome Academy) with the used-car giant.See omnystudio.com/listener for privacy information.
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Feb 23, 2026 • 27min

The Evolution Of Oxwhite

Once known for its 120-day pre-order white shirts, Oxwhite has since evolved into an omnichannel retail brand with physical stores, a broader product range, and fresh capital raised through equity crowdfunding. Co-founder CK Chang joins us to discuss Oxwhite’s shift from online disruptor to retail player, the challenges of scaling beyond a single product, and what the next chapter of growth looks like.See omnystudio.com/listener for privacy information.

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