Thai insurtech startup Roojai may bag up to $7m equity investment from IFC

Thai insurtech startup Roojai may bag up to $7m equity investment from IFC

IFC/World Bank HQ. Photo: IFC

The International Finance Corporation (IFC), a member of the World Bank Group, has proposed to invest up to $7 million in Thailand’s online insurance platform Roojai, according to a disclosure.

Established in 2015, Chon Buri-headquartered Roojai offers users real-time quotes and the option to purchase insurance through its web portal, mobile application and call centre. It currently focuses on motor insurance services and later plans to diversify into other areas.

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