Singapore-based CXA group raises $25m to increase regional expansion
14 March 2019 4:02 AM IST
Yesterday, Singapore-based health technology startup CXA Group, which offers an employee benefits and wellness marketplace platform, announced that it has raised $25 million in its latest round of funding. The company?s new group of strategic investors include HSBC, Singtel Innov8, Telkom Indonesia MDI Ventures, Sumitomo Corporation Equity Asia, Muang Thai Fuchsia Ventures, Humanica and Heritas Venture Fund.What they do
- Yesterday, Singapore-based health technology startup CXA Group , which offers an employee benefits and wellness marketplace platform, announced that it has raised $25 million in its latest round of funding.
- CXA group has developed a one-stop, self-service platform that allows employers to give their employees access to an ever-widening range of health, wealth and wellness offerings, personalised based on the individual's health and life-stage data.
- The investment was used to expand its reach beyond existing Singapore and Hong Kong markets further into Asia including mainland China, India, Indonesia, Japan, Malaysia, South Korea, the Phillipines, Taiwan and Thailand.
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