ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Thai insurtech Roojai raises $42m led by Germany's Talanx Group

Startup to use some of funds for expansion into Indonesia and the Philippines

A subsidiary of Germany's Talanx Group is backing Thai insurtech startup Roojai. (Source photos by AP and screenshot from Roojai's website) 

BANGKOK -- Roojai, a Thailand-based insurtech startup, has raised $42 million in a Series B fundraising round led by HDI International, a subsidiary of the German insurance company Talanx Group.

The World Bank's International Financial Cooperation (IFC), an existing investor, also participated, according to a company statement on Tuesday.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more