BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  With RM67 Million Raised, What’s Next for Khazanah-backed PolicyStreet?

With RM67 Million Raised, What’s Next for Khazanah-backed PolicyStreet?

Yen Ming Lee, CEO & Co-Founder, PolicyStreet

13-Jun-23 12:00

With RM67 Million Raised, What’s Next for Khazanah-backed 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.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan, Richard Bradbury


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  entrepreneurs,  SME,  technology,  health policy,  investments

Tags:  insurtech,  insurance,  startup,  khazanah,  Dana Impak, 


Latest Podcasts




Play / Pause

Listen now : Bar None: (REPEAT) Former national tennis player Adam Jaya shares his experience...

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) Can sports ethics build stronger, more ethical companies? We speak with Paresh Subramaniyam, Founder and CEO of Engage Life, to explore how the timeless values of sports—like fair play, resilience, and discipline—can change today’s workplace culture.

12:00 PM

Popcorn Culture

(REPEAT) We review Keluang Man and look at some of our favourite characters from our childhood.

1:00 PM

Cruise Control

(REPEAT) Fancy a used McLaren MP4-12C at a very reasonable price? Tune in to hear what are the pros and cons of getting a sports car.

2:00 PM

Matt-Splained

(REPEAT) Rich and Matt look at this remarkable rise and fall of EVs and ask if the continued rise of the EV in the 21st Century EV is inevitable and unstoppable?

3:00 PM

Earth Matters

(REPEAT) We speak to three researchers to learn more about how we can coexist with macaques peacefully.

4:00 PM

Bar None

(REPEAT) Former national tennis player Adam Jaya shares his experience being a professional athlete and his training routine.

5:00 PM

BBC World Service

BFM presents the BBC World Service, which provides in-depth coverage of issues from around the world.