Digital insurer Roojai secures $60m from Apis Partners and Asia Partners

Thailand-based digital insurer Roojai has secured $60m (Bt1.93bn) in a joint investment from Apis Partners Group and Asia Partners as part of its series C funding round. The funding will be used to expand activities in Thailand, increase scale in Indonesia and explore further mergers and acquisitions (M&A) opportunities. Apis Global Growth Fund III and Apis Growth Markets Fund III, managed by Apis Partners Group, co-led the investment along with Asia Partners. The round also saw participation from exist ...