Indonesia-based insurtech firm Qoala has successfully raised $7.5 million in a recent funding round, led by European investment firm responsAbility Investments AG. The round, which also saw participation from Appworks and existing investors Eurazeo and Indogen, was part of the company’s Series B+ fundraiser. Qoala plans to use the capital to expand its product and […]

Indonesian insurtech startup Qoala announced raising Series B funding of $65 million anchored by Eurazeo with participation from several existing investors including Flourish Ventures, KB Investment, MassMutual Ventures, MDI Ventures, SeedPlus, and Sequoia Capital India. In addition, BRI Ventures, Daiwa PI Partners, Indogen Capital, Mandiri Capital Indonesia and Salt Ventures also joined the investment round […]

Indonesia-based InsurTech startup Fuse has recently raised US$ 25 million in a Series B extension round as it plans to expand in more countries including Vietnam and Thailand in Southeast Asia. Fuse has closed three funding rounds of Series B within the past six months, taking the company’s total fundraise to more than US$70 million. […]

Fuse, Indonesia’s largest insurance technology (insurtech) company, has announced the completion of its Series B funding round that raised an undisclosed amount. In a statement, Fuse, which is the first insurtech in Indonesia to pioneer the agent-focused model to solve the country’s last-mile trust gap, said the round was led by GGV Capital. Existing investors […]