Indonesian insurtech firm Qoala raises $47m in Series C funding

Indonesian insurtech firm Qoala raises $47m in Series C funding

Qoala CEO Harshet Lunani (left) and COO Tommy Martin.

Indonesian insurtech platform Qoala has announced raising a total of $47 million in its Series C funding round anchored by PayPal Ventures, the corporate venture arm of payments giant PayPal; and US-based insurer MassMutual.

Edited by: Joymitra Rai