Startups
Axiata Digital, a subsidiary of Axiata Berhad, is a leader in the digital space, operating 28 business units & brands across 5 major verticals: Digital Advertising & Activation, Digital Marketplaces, Mobile Money, Digital Entertainment & Education, and Disruptor Models.
Since our founding in late 2012, we have experienced growth in leaps and bounds. Our small team of six has now grown to over 1000 employees across Asia and America. And much of this growth can be attributed to our “fun and quirky” culture as well as strong core values.
Today, Axiata Digital operates three successful online marketplaces in Indonesia (Elevenia.co.id), Malaysia (11street.my) and Sri Lanka (Wow.lk). Collectively, these marketplaces boast more than a million listings, with over 30 million hits and 8 million visitors monthly. We also operate award winning mobile money service, eZCash, in Sri Lanka. eZCash was awarded the “Best Mobile Money/NFC Platform” at the Mobile World Congress 2015 and has over 2 million registered users today.
Through this all, some things have not changed: our love for good food and our undying dedication in making our customers’ lives a little better.
Since our founding in late 2012, we have experienced growth in leaps and bounds. Our small team of six has now grown to over 1000 employees across Asia and America. And much of this growth can be attributed to our “fun and quirky” culture as well as strong core values.
Today, Axiata Digital operates three successful online marketplaces in Indonesia (Elevenia.co.id), Malaysia (11street.my) and Sri Lanka (Wow.lk). Collectively, these marketplaces boast more than a million listings, with over 30 million hits and 8 million visitors monthly. We also operate award winning mobile money service, eZCash, in Sri Lanka. eZCash was awarded the “Best Mobile Money/NFC Platform” at the Mobile World Congress 2015 and has over 2 million registered users today.
Through this all, some things have not changed: our love for good food and our undying dedication in making our customers’ lives a little better.
Overview
Location
Malaysia, Kuala Lumpur
Employees
51-200
Phone
+60 3-2260 9400
Total raised
$70M
Founded date
2013
Funding Rounds 1
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
Mentions in press and media 4
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Sep 19, 2021 | Insurtech: Axiata Digital’s E-Wallet Boost Expands Insurance Offering with Auto Insurance CarProtect Product | Axiata Digital’s digital wallet Boost revealed earlier this week that it has further expanded its insurance offerings with the introduction of automobile insurance, called “CarProtect,” which has been underwritten by Great Eastern General I... |
| Jun 25, 2020 | Largest Life Insurance Company in Singapore and Malaysia to Invest $70 Million in Axiata Digital’s Fintech Expanasion Plans | GREAT Eastern (Life Assurance), the largest life insurance company in Singapore and Malaysia, will be investing $70 million into Axiata Digital’s financial services business, in order to take part in the company’s Fintech-focused plans, acc... |
| May 3, 2017 | MY: Govt-owned JCorp invests $2.31m in Axiata Digital Innovation Fund | Premium Malaysia’s Axiata Digital Innovation Fund (ADIF) has raised $2.31 million (MYR10 million) in investment from state-owned investment arm Johor Corporation (JCorp). Continue reading this story with a subscription to DealStreetAsia. Su... |
Reviews 0
FAQ about Axiata Digital
When was Axiata Digital founded?
Axiata Digital was founded in 2013.
How much funding has Axiata Digital raised?
Axiata Digital has raised $70M in total across 1 funding round.
What has the press written about Axiata Digital?
Parsers VC has collected 4 articles mentioning Axiata Digital, among them “Insurtech: Axiata Digital’s E-Wallet Boost Expands Insurance Offering with Auto Insurance CarProtect Product” (Sep 19, 2021) and “Largest Life Insurance Company in Singapore and Malaysia to Invest $70 Million in Axiata Digital’s Fintech Expanasion Plans” (Jun 25, 2020).
Is Axiata Digital still active?
Yes, Axiata Digital is active; its latest activity on Parsers VC dates from Nov 1, 2023.