Ecosystem Roundup: SEA’s insurtech funding drops 61% in 2024 | Grab’s revenue grows 19% to US$2.8B | Kiren Tanna steps down as Una Brands CEO

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Ecosystem Roundup: SEA’s insurtech funding drops 61% in 2024 | Grab’s revenue grows 19% to US$2.8B | Kiren Tanna steps down as Una Brands CEO - e27

Quick Summary:

Dear reader, The Southeast Asian insurtech landscape in 2024 tells a story of resilience amid challenges, presenting both concerns and opportunities for the sector’s future.

Early-stage insurtech investments suffered a sharp drop of over 80%, plummeting to US$38.5M in 2024 from US$353M in the previous year.

Founders across Southeast Asia use technology to tackle education gaps, from remote learning access to upskilling in digital economies.