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The who’s who of insurtech in SEA

The who’s who of insurtech in SEA 1

Top Stories of The Week

Hello there ,

Working on an industry landscape map is pretty straightforward: We track fundraising data and often get enough information from secondary research.

What made our piece on insurtech firms more challenging was figuring out if these startups are still in business – those who successfully raise funds make big announcements, but those going out of business generally don’t. Figuring this out involves a fair bit of stalking: When was a company’s website last updated? What do the founders’ and employees’ LinkedIn profiles say? What year was the company last mentioned in the news?

Inevitably, we do miss out on some names when writing these landscape maps. For days after an article is published, we receive emails from founders and companies who were not mentioned.

These maps are not perfect, but we hope that you find them useful and informative.

— Simon Huang, journalist at Tech in Asia

 


 

TOP STORIES THIS WEEK

The who’s who of insurtech in SEA 2

1. SEA’s leading insurtech players In many Southeast Asian countries including Vietnam, Indonesia, and the Philippines, insurance penetration remains significantly low.

2. A new breed of VC limited partners in SEA: startup founders Founders-turned-angel-investors are nothing new, but Southeast Asian VCs are providing a convenient way to go to the next level.

3. Why was Paytm’s market debut a flop? The IPO was touted as India’s biggest listing, but it lost US$900 million in two days.

4. Bukalapak’s financial performance in 8 charts We analyze the financial figures reported by Bukalapak, Indonesia’s first unicorn to go public.

5. The next phase of SEA ecommerce: niche ‘super-verticals’ While large marketplaces continue to be dominant, smaller niche players are making their mark.

6. Visual: How Traveloka expanded beyond travel One of the firm’s notable new services is Traveloka Eats, an expansion of its restaurant directory feature.

7. A list of India’s unicorns and their early investors (Updated) Tech in Asia has created a comprehensive list of startups in India that have hit a valuation of US$1 billion.

8. Mapping Indonesian conglomerates’ tech activities For decades, Indonesia’s largest corporations have survived by adapting to changing circumstances. Now, with the advent of tech, they must transform again.

9. The enigmatic unicorn behind BNPL firm Atome Advance Intelligence Group has quietly grown in six years, and its headcount now stands at 1,500. We unpack what makes the Singapore-headquartered firm tick.

10. After OJK ban, Indonesian crypto exchange delists Vidy, VidyX coins Indodax, an Indonesian cryptocurrency exchange, said it will delist cryptocurrency assets Vidy and VidyX on November 30, following requests from the country’s Financial Services Authority (OJK).

 


 

EVENTS HAPPENING

  • *Live* AMA about Tech in Asia School: Rameez Ansar, CEO of Circles.Life on December 9
    You may already know of Rameez Ansar for his success as CEO of Circles.Life – the no-contract carrier that disrupted Singapore’s telco industry back in 2014. Come February 2022, students of Tech in Asia School will get to know Rameez personally, as he mentors our inaugural 8-week Aspiring Founders program.
  • *Live* Tech in Asia’s year-end Founders’ Lunch on December 15
    Calling on Singapore-based founders! Connect with and learn from like-minded entrepreneurs on December 14 at our in-person Founders’ Lunch. This casual get-together includes a four-course meal at award-winning restaurant LeVeL 33 and candid conversations on all things founder-related!
    Limited seats, RSVP now!
  • Driving Viral Growth on December 15
    Join Andrew Chen as he discusses his new book: “The Cold Start Problem: How to Start and Scale Network Effects“. Andrew is a legendary Growth Hacker, Investor, Author and the man behind the massive growth of Uber, Tinder, Dropbox, and many others.

 


 

WHO’S HIRING

 

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Data Analyst at Yojee
Singapore, Singapore

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Senior Software Engineer at Dropsuite
Bandung, Java, Indonesia

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Technical Lead at TIXid
Jakarta, Indonesia

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Android Developer at Mekari (PT. Mid Solusi Nusantara)
Jakarta, Indonesia

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Creative Graphic Designer at Redwoods Digital
Tangerang, Indonesia

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Marketing Manager at HZN
Tangerang, Indonesia

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The who’s who of insurtech in SEA 3

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