Indonesian insurtech startup Qoala approves $4.46m share buyback from co-founders, others

Indonesian insurtech startup Qoala approves $4.46m share buyback from co-founders, others

Qoala CEO Harshet Lunani (left) and COO Tommy Martin.

Qoala, an Indonesia-based insurtech startup that recently raised $65 million in Series B funding, is buying back shares worth $4.46 million from its co-founders and other executives, according to regulatory filings.