PHILIPPINES, 16 MARCH — Regional insurtech firm, Igloo, today announced the promotion of Raunak Mehta, previously Chief Commercial Officer as its new Co-founder and Chief Executive Officer (CEO). He will work alongside co-founder of Igloo, Wei Zhu, who is on the company’s board of directors.
Manila, Philippines – Shipsy, a leading SaaS-based smart logistics management platform provider, will be setting up its regional headquarters (HQ) in Indonesia to strengthen its presence in Southeast Asia (SEA). The regional HQ will enable the organization to provide faster, better and localized support to existing and drive new business growth in Singapore, Philippines, Malaysia, Thailand, Vietnam and Indonesia.
Southeast Asia is witnessing rapid growth in the retail, eCommerce, express logistics and on-demand delivery space. According to reports, eCommerce sales will nearly double to $254bn by the end of 2026. The region’s online food delivery industry is already expected to treble in the coming five years and reach $28bn in transactions. The regional presence will help Shipsy tap into these growing opportunities. (more…)
