Apar Technologies boosts AI powered data analytics capabilities with strategic investment in BigTapp Analytics

Apar Technologies, a global software services and consulting company headquartered in Singapore, has announced its strategic investment in BigTapp Analytics, a Singapore-based data analytics services and solutions provider powered by artificial intelligence (AI). Apar Technologies said that this investment marks a significant milestone in Apar Technologies’ commitment to expanding its data analytics offerings for customers in Singapore, Malaysia, Thailand, United Arab Emirates (UAE), India and the United States amongst others.

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Malaysian sovereign wealth fund Khazanah leads US$15.3M Series B round for PolicyStreet

June 8, 2023

Malaysian insurtech company PolicyStreet announced it has secured US$15.3 million in a Series B round of investment led by sovereign wealth fund Khazanah, under its Dana Impak mandate. PolicyStreet intends to use the funds to strengthen its technology and underwriting capabilities. It aims to increase its on-demand underwriting policies to make protection more accessible and better tap into underserved and underinsured audience segments in Malaysia and the region.

CDPI Emerging Markets
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E-commerce startups in Latin America raised US$1.2B in 2022

June 8, 2023

E-commerce startups continue to raise Venture Capital in Latin America which amounted to $1.2B or 15% of total investments in the region for 2022.  It is second to only Fintech according to LAVCA. It makes sense as we have seen several great outcomes such as Mercado Libre ($65B market cap) and Vtex ($800M market cap) being public companies or Cornershop being acquired by UBER for over $3B.

CDPI Emerging Markets