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 : Best of Enterprise: (REPEAT) For the last decade, Qualgro has quietly focused...

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) For the last decade, Qualgro has quietly focused on the "boring back end of the internet", B2B software, data, and AI. General Partner Weisheng Neo joins us to explain why this approach is paying off.

12:00 PM

Popcorn Culture

(REPEAT) We review Noah Baumbach's Jay Kelly, which stars Adam Sandler and George Clooney.

1:00 PM

Cruise Control

(REPEAT) Suzuki returns to Malaysia with the Fronx, a compact crossover that's pretty solid. But what's the catch? Daniel Fernandez shares his thoughts.

2:00 PM

Matt-Splained

(REPEAT) We look back at some of the incredible and amazing breakthroughs in science we’ve seen in 2025.

3:00 PM

Earth Matters

(REPEAT) Selangor’s proposed Batu Arang waste-to-energy incinerator has sparked major community concern. Two residents explain the risks, the lack of official response, and why safer alternatives are needed.

4:00 PM

Bar None

(REPEAT) Aftar Singh, sports journalist at the New Straits Times join us to talk about our hockey team, the Speedy Tigers and how they're doing at the moment.

5:00 PM

BBC World Service

How do you separate fact from fiction when it comes to food? This episode of The Food Chain finds the answer.