Northstar Group, BRI Ventures invest in Indonesian insurtech firm Bang Jamin

Northstar Group, BRI Ventures invest in Indonesian insurtech firm Bang Jamin

Bang Jamin, among Indonesia’s latest additions to the insurance-tech space, is learnt to have finalised a seed funding round with Southeast Asian private equity major Northstar Group and BRI Ventures, according to sources familiar with the matter.

Northstar Group made the investment through its new early-stage VC fund, while BRI Ventures invested from its main fund, according to the sources. Their combined investment in the round is reportedly around $2-3 million.

Edited by: Joymitra Rai

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