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Orangekloud Technology: from enterprise software to no-code and AI app development

Building business software has traditionally meant choosing between two expensive options. A company could buy an existing system and adapt its processes around it, or hire developers to build something specifically for the organisation.

Orangekloud Technology has spent much of its history trying to create another route. Its eMOBIQ platform allows businesses to build mobile and web applications visually, using reusable components, connectors and workflow tools instead of writing every part of an application by hand.

The Singapore-headquartered group did not begin as a no-code software company, however. Its operating history stretches back to enterprise technology consulting in 2003. Over the following two decades, that consulting foundation developed into a software platform, a Nasdaq listing and a growing focus on artificial intelligence.

The result is a business with two connected identities. Orangekloud still understands the enterprise systems that businesses already use, while eMOBIQ attempts to make it easier to build new applications around those systems.

The story started with enterprise software in 2003

The oldest operating business inside the Orangekloud group is MSC Consulting, which was incorporated in Singapore on 16 June 2003.

Its work centred on enterprise resource planning software. The business provided consulting, customisation, implementation, sales and after-sales support for enterprise systems. That gave the team direct experience with a problem that would later shape eMOBIQ: companies often need software tailored to their own workflows, but custom development can take considerable time and specialist expertise.

A Malaysian operation followed in 2006 and became a support arm for the Singapore businesses.

The important part of this early history is not simply the incorporation date. Orangekloud’s later no-code strategy grew from years spent working inside business systems rather than from a consumer-app start-up trying to move into enterprise software.

That background helps explain why the platform focuses heavily on business processes, data connections and mobile applications that work with existing back-office systems.

Orangekloud turned the development problem into a product

Orangekloud Pte Ltd was incorporated in Singapore on 8 August 2015.

This business became the group’s software arm for no-code technology and mobile application development.

The central product is eMOBIQ, a platform designed to reduce the amount of conventional programming needed to create business applications.

Instead of starting with a blank code editor, developers can work with visual logic, reusable components, templates and connectors. Applications can use functions available on mobile devices, including cameras, NFC and location features, while the same project can support different deployment environments.

That does not mean every complex application can be created without technical knowledge. Enterprise software still involves data structures, integrations, security rules and business logic.

The difference lies in how much of that work the platform attempts to simplify.

Orangekloud describes eMOBIQ as a rapid mobile application development platform. Its current technology supports mobile and web applications, visual workflows and connections to backend business systems.

For organisations with small internal IT teams, the attraction is easy to understand. A visual development environment can reduce the amount of repetitive code needed for applications such as field-service systems, sales-order tools, warehouse workflows and delivery applications.

Connecting new apps to existing business data became essential

No-code software becomes far more useful when it can connect to the information a company already has.

A mobile stock application, for example, has limited value if employees must manually copy data from the company’s main business system. The same problem applies to sales, manufacturing, deliveries and customer information.

Orangekloud built eMOBIQ around this connection between front-end applications and existing enterprise systems.

Its platform includes connectors that allow applications to work with established ERP environments and external services. Orangekloud also supports API-based integration through technologies such as REST and SOAP.

That integration layer is important to the company’s identity.

Orangekloud is not simply selling a visual tool for building attractive mobile screens. The larger goal is to let organisations create applications that perform real business processes while continuing to use the systems already running behind them.

This approach also allows applications to use native mobile features while exchanging information with central business databases.

A new holding company prepared the group for the public market

The legal structure changed substantially in 2023.

Orangekloud Technology Inc. was incorporated in the Cayman Islands on 12 May 2023 as the holding company that would later become the listed entity.

The group completed an internal reorganisation on 4 October 2023. That restructuring placed the existing operating companies beneath Orangekloud Technology Inc. ahead of the planned stock-market listing.

This distinction matters when describing the company’s age.

Orangekloud Technology Inc. itself dates from 2023, but the operating history underneath it is much older. MSC Consulting began in 2003, while Orangekloud’s dedicated no-code software company dates from 2015.

Treating 2023 as the beginning of the entire business would therefore erase two decades of operating history.

Nasdaq brought Orangekloud into the public market

Orangekloud completed its initial public offering in July 2024.

The company offered 2.75 million Class A ordinary shares at US$4.75 each, with the IPO closing on 26 July. An additional over-allotment transaction closed on 1 August.

Combined gross proceeds reached approximately S$20 million, or around US$15 million, before underwriting discounts and related expenses. The shares began trading on the Nasdaq Capital Market under the ticker ORKT.

Going public gave Orangekloud additional capital, but it also changed the demands placed on the business.

A listed company must publish far more information about its finances, risks and corporate structure. Those filings now make it possible to see how the software operation is developing beyond product announcements.

They also show that Orangekloud remains a relatively small public technology business rather than a giant global software vendor.

That context matters when assessing both its progress and its ambitions.

AI became the next layer of eMOBIQ

Orangekloud began developing AI capabilities for the no-code platform in 2024 and expanded the work during 2025.

In July 2025, it formally launched eMOBIQ AI.

The newer platform adds artificial-intelligence assistance to the visual development process. Orangekloud says users can describe aspects of an application in natural language, while AI tools can assist with interface design, workflows, testing and optimisation.

The company has also added AI functions that can operate inside applications built with the platform.

Its regulatory filings describe capabilities including predictive data entry, anomaly detection, workflow optimisation, summarisation and decision support. Developers can still use visual tools and reusable modules while adding these functions where they fit the business process.

This is a more logical use of AI for Orangekloud than abandoning its existing platform and starting again.

The company already had a system for building applications. AI became another layer intended to make that process faster and to add more automation to the finished software.

WhatsApp ordering shows how the technology can become practical

One of Orangekloud’s newer projects illustrates how the platform can move beyond generic app development.

During 2025, the company launched an AI-based sales-ordering solution designed to interpret orders received through WhatsApp.

Instead of requiring an employee to read each message and manually enter the order into another system, the software can convert natural-language messages into structured order information. It can then connect that information to the wider business workflow.

This kind of application makes the company’s AI strategy easier to understand.

The value does not come from adding a chatbot simply because AI is popular. It comes from removing manual steps from a task that businesses already perform.

Orangekloud has positioned the technology for processes that can include order entry, inventory checks and pricing.

The company’s filings also describe broader applications in areas such as warehouse operations, production tracking, field service and delivery management.

The numbers show growth, but also the scale of the business

Orangekloud generated revenue of approximately S$5.68 million in 2025, compared with about S$4.04 million in 2024.

That represented growth of roughly 40.6%.

Revenue attributed to its no-code platform and mobile application activities increased strongly during the same period. Orangekloud reported that this part of the business rose from about S$775,000 in 2024 to roughly S$2 million in 2025.

The growth came alongside continued losses.

Orangekloud recorded a net loss of approximately S$4.47 million for 2025, improving from a loss of about S$8.65 million a year earlier. Cash and cash equivalents stood at just under S$3 million at the end of 2025.

Those figures give the company story useful perspective.

Orangekloud has developed real software, generated growing revenue and reached the public market. At the same time, it remains a small technology company that must manage its costs and capital carefully while trying to expand.

A Nasdaq warning became an important test in early 2026

Public-market life also brought a difficult period.

Orangekloud received a Nasdaq delisting determination in January 2026 after its share price remained below the exchange’s required minimum bid price.

The company requested a hearing. Before that hearing took place, the share price recovered sufficiently for Nasdaq to determine that Orangekloud had regained compliance on 2 March 2026.

The planned hearing was cancelled, and the company’s Class A shares continued trading on Nasdaq.

That episode is worth including because it provides a more balanced view of the company’s public-market history.

A Nasdaq listing can provide access to capital and greater visibility, but maintaining that listing also requires companies to continue meeting exchange rules.

A proposed transaction could reshape Orangekloud again

The most significant development of 2026 may eventually change the company far more dramatically than another eMOBIQ update.

In August, Orangekloud signed a definitive agreement for a proposed transaction involving Orbis Technology and its VeVe digital platform. The agreement followed an earlier non-binding letter of intent announced in February.

If the transaction closes, Orangekloud would be renamed VeVe Inc., and the company expects the listed ticker to change from ORKT to VEVE.

The important word is if.

As of 19 September 2026, the transaction has not been presented as completed. It remains subject to several closing conditions, including shareholder approval, financing requirements, listing approval for the new shares and other regulatory steps.

The agreement allows either party to terminate the transaction if it has not closed by the specified deadline, subject to provisions in the contract.

For that reason, Orangekloud should still be described as Orangekloud Technology today.

The proposed transaction may reshape the listed company, but an agreement and a completed acquisition are not the same thing.

Orangekloud’s history is really about reducing development friction

The most consistent thread through Orangekloud’s history is not AI, Nasdaq or any single corporate transaction.

It is the effort to make business software easier to build and connect.

The group started with enterprise implementation work. That experience exposed the difficulty of adapting software to individual business processes. Orangekloud then turned part of that knowledge into a development platform.

eMOBIQ moved the company from consulting towards reusable software. AI now adds another level of automation to that platform.

The business remains small, and its future structure could change significantly if the proposed 2026 transaction closes. None of that changes the technology path that brought it here.

From enterprise consulting in 2003 to no-code development and AI-assisted applications in 2026, Orangekloud has spent more than two decades working on the same broad problem: helping businesses turn their processes into working software without rebuilding everything from the ground up.

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