15 Jul '13, 6am

Singapore's Fatfish Internet Drives Into Indonesia With RajaPremi Acquisition

Singapore's Fatfish Internet Drives Into Indonesia With RajaPremi Acquisition

Singaporean startup meisters Fatfish Internet have made a move into Indonesia by acquiring, it is revealed today, a majority stake in car insurance price comparison site RajaPremi . Fatfish, which is a sort of Asian Rocket Internet wannabe, now owns 65 percent of RajaPremi, which is still in beta stage and only just started marketing its service a week ago in Indonesia. The financial details haven’t been disclosed, but the significant stake is Fatfish’s first outside of Singapore. Earlier this month the group took a 15 percent slice of Singaporean fashion e-store Dressable . RajaPremi promises Indonesian car and motorbike owners instant online insurance quotes from up to eight insurance providers, and claims to be the only such price comparison site that gives actual price quotes rather than just generic/ballpark figures. The new site has statistics for major providers suc...

Full article: http://www.techinasia.com/fatfish-acquires-rajapremi-indo...

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