Axiata Digital has invested $16.8m in strategic partner Bima, adding to a series C round that already included telecom companies Millicom and Digicel.
Axiata Digital, the digital services division of telecommunications firm Axiata Group, has provided for Bima, a Sweden-based provider of insurance and mobile health services in developing markets.
Bima partners with local operators such as telecom networks, banks and microfinance providers to offer affordable health and insurance services through mobile devices to customers across 15 developing nations.
Axiata already works with Bima in several markets to provide services through mobile devices, but the investment will help to open up additional Asian…
