"By placing our digital assets under Redbeat Ventures, we hope to more effectively expand and monetise our digital businesses and broaden AirAsia's digital footprint. As the corporate venture arm of AirAsia Group, Redbeat Ventures looks at working with technology startups and looks out for investment opportunities in the high-tech and digital space to remain competitive and relevant in these rapidly changing commercial and technological environments," said Aireen Omar, deputy group CEO for digital, transformation and corporate services at AirAsia.