The venture arm of India's largest insurer, Ping An, has launched a $1bn overseas fund to invest in early-stage digital health and financial technology start-ups. As with the insurer's previous $500m investment in telemedicine service Good Doctor, Ping An's Global Voyager Fund will seek digital health products that complement and diversify its services. The fund will be led by Jonathan Larsen, who was recently appointed chief innovation officer at Ping An, according to CNBC.
The venture arm of China's largest insurer, Ping An, has launched a $1bn overseas fund to invest in early-stage digital health and financial technology start-ups. As with the insurer's previous $500m investment in telemedicine service Good Doctor, Ping An's Global Voyager Fund will seek digital health products that complement and diversify its services. The fund will be led by Jonathan Larsen, who was recently appointed chief innovation officer at Ping An, according to CNBC.