NEWSLETTER

Sign up to read weekly email newsletter
Asia Tech Times
Donate
Search
  • Home
  • Breaking News
  • Business
  • Finance
  • Medical
  • Political
Reading: Singapore’s Airalo Becomes Unicorn After Raising $220 Million In CVC-Led Round
Share
Font ResizerAa
Asia Tech TimesAsia Tech Times
  • Finance
  • Technology
Search
  • Home
  • Categories
    • Finance
    • Technology
  • More Foxiz
    • Blog Index
    • Forums
    • Complaint
    • Sitemap
Follow US
Made by ThemeRuby using the Foxiz theme. Powered by WordPress
Breaking News

Singapore’s Airalo Becomes Unicorn After Raising $220 Million In CVC-Led Round

By Asia Tech Times
Last updated: 11/07/2025
2 Min Read
Share
My Esim

Airalo’s ESIM permits individuals to change mobile information suppliers worldwide without physical … Even More SIM card.

Airalo

Singapore-based Airalo, a carrier of ingrained SIM cards called Tourist ESIMS, has actually ended up being a unicorn after elevating $220 million in a financing round led by Luxembourg-based exclusive equity company CVC.

CVC spent $185 million in one round, and the start-up is currently worth greater than $1 billion. declaration Thursday. Existing financiers, consisting of XV Optimal and Horn Elevate, additionally joined the financing round.

Airalo’s financing round is as Southeast Asia’s funding elevated stays weak. Start-ups in the area elevated $2 billion in the initial fifty percent of the year, down 24% from the previous year, according to study company Tracxn.

” This financing is not just a significant landmark for Airalo, not just Airalo, but also for the future of worldwide connection,” Airalo chief executive officer and founder Ahmet Bahadir Ozdemir claimed in a declaration. “This permits us to drive advancement in every component of our customer trip.”

Established In 2019 by Ozdemir and Abraham Burak, Airalo presently offers over 20 million tourists in greater than 200 nations. Its ESIM permits individuals to change worldwide mobile information suppliers without the requirement for a physical SIM card. Airalo’s earnings are expanding by the growing need of tourists, getting to $150 million in 2023, according to study companies’ alternate PE.

” The electronic traveling ESIM market is currently worth $1 billion and remains in its beginning where customers can obtain the best quality experience abroad at a rate much less than what they are wandering today,” claimed Siddharth Patel of CVC.

TAGGED:AiraloCVCLedmillionRaisingSingaporesUNICORN

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print

SUBSCRIBE NOW

Subscribe to our newsletter to get our newest articles instantly!

HOT NEWS

Amazon leads in business renewable resource with 33gw jobs

Amazon’s renewable resource jobs can power 8.3 million homes.

27/07/2025

China’s CATL Really feels the Pinch of a Lithium Cost Downturn it Developed

Years of long-lasting decreases in lithium costs are currently beginning to take a toll on…

19/03/2025

OpenAI strategies Sora video clip generator combination right into ChatGPT

Sora was released in December 2024 as a standalone internet application, making it possible for…

19/03/2025

YOU MAY ALSO LIKE

Australia v China Was A Dummy Run For Canada v The U.S.

January 30, 2025,12:48 pm Eastern American time at 12:48 China’s Deepseek Shock proposes a major economic problem “,” Scope “:…

Breaking News
30/04/2025

Infinix’s GT Knowledgeable Is An Economical Video Gaming Ecological Community With A Brand-new Video Gaming Phone

Infinix’s GT 30 Pro, Xpad GT, Magcharge and Magcase. Ben Xin After overcoming the African mobile market a lot of…

Breaking News
17/07/2025

Park Bo-Gum Kim So-Hyun And Lee Sang-Yi Discuss Their Dramatization ‘Great Child’

Park Bo-Gum plays the Olympic gold medal fighter in “Great Kid”. Key What occurs when a group of previous Olympians…

Breaking News
06/06/2025

A Classic ‘SD Gundam’ Mobile Suit Gets Its First Toy After 25 Years

The upcoming robot Damashii Phoenix Gundam toy. Bandai Spirit and SD Gundam g General Eternal Now, the series’ Zhongliu Taiwan…

Breaking News
17/04/2025

Asia Tech Times (ISSN: 3079-8566) stands as a preeminent authority in technology journalism, delivering profound insights and strategic intelligence on the technological advancements shaping the Asia-Pacific region and beyond. Renowned for its depth of analysis and editorial excellence, the publication serves as a critical nexus for industry leaders, policymakers, scholars, and innovators navigating the evolving digital landscape.

  • Jobs Board
  • About Us
  • Contact Us
  • Privacy Policy
  • Exclusives
  • Learn How
  • Support
  • Solutions
  • Terms And Conditions
  • Editorial Policy
  • Marketing Solutions
  • Industry Intelligence

Follow US: 

Copyright © 2025 Asia Tech Times. All Rights Reserved.

All content published by Asia Tech Times (ISSN: 3079-8566), including but not limited to articles, reports, editorials, graphics, images, logos, and digital media, is the exclusive intellectual property of Asia Tech Times and is protected under international copyright laws and treaties.

Asia Tech TimesAsia Tech Times
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?