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With RM67 Million Raised, What’s Next for Khazanah-backed PolicyStreet?
24 mins
·
12:00, 13 Jun 2023
·
Recommended
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Guest: Yen Ming Lee, CEO & Co-Founder, PolicyStreet
Last week, Malaysian-based full-stack insurtech startup PolicyStreet announced a US$15.3 million (RM67 million) Series B fundraising round, led by Khazanah Nasional. DigitalNews Asia notes that other investors in the round include lead investors from the Series A round Altara Ventures, as well as Gobi Partners and Spiral Ventures.
PolicyStreet intends to use the funds to strengthen its technology and underwriting capabilities to drive further growth of the business, which includes regional expansion, starting with Australia.
On the back of this sizable funding round, today on BizBytes we speak with PolicyStreet’s CEO and Co-Founder Yen Ming Lee about how this RM67 million funding round will be utilised, the benefits of having a partner like Khanazah, and what’s next for the digital insurance space in Malaysia.
Presenter: Roshan Kanesan, Richard Bradbury
Producer: Roshan Kanesan
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With RM67 Million Raised, What’s Next for Khazanah-backed PolicyStreet?
24 mins
·
12:00, 13 Jun 2023
Guest: Yen Ming Lee, CEO & Co-Founder, PolicyStreet
Last week, Malaysian-based full-stack insurtech startup PolicyStreet announced a US$15.3 million (RM67 million) Series B fundraising round, led by Khazanah Nasional. DigitalNews Asia notes that other investors in the round include lead investors from the Series A round Altara Ventures, as well as Gobi Partners and Spiral Ventures.
PolicyStreet intends to use the funds to strengthen its technology and underwriting capabilities to drive further growth of the business, which includes regional expansion, starting with Australia.
On the back of this sizable funding round, today on BizBytes we speak with PolicyStreet’s CEO and Co-Founder Yen Ming Lee about how this RM67 million funding round will be utilised, the benefits of having a partner like Khanazah, and what’s next for the digital insurance space in Malaysia.
Presenter: Roshan Kanesan, Richard Bradbury
Producer: Roshan Kanesan
Share:
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Recent episodes
0
Latest Stories
Podcasts · Jan 21 · 28 mins
New Era, New Stripes: Can Harimau Malaya Turn The Tide?
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