Asia Digest: Amplify Health buys AiDA; Korea's Atommerce, Backpackr bag funding

Asia Digest: Amplify Health buys AiDA; Korea's Atommerce, Backpackr bag funding

Amplify Health has acquired Singapore insurtech startup AiDA Technologies, while Samsung Venture Investment has participated in a $4.8-million fundraise by Korean mental health startup Atommerce. Separately, Korean handicraft marketplace Backpackr has reportedly raised $16 million in a Series C extension round, TechCrunch reported.

AiDA’s technology to drive Amplify’s digital health solutions

Amplify Health, the healthtech joint venture of insurance giant AIA Group and Discovery Group, on Tuesday said it has acquired insurtech startup AiDA Technologies (AiDA).