Essential medication delivered to your doorstep
Register for free and continue reading
Join our growing army of changemakers and get unlimited access to our premium content
A digital healthcare service has received new funds to expand into Southeast Asia as well as enter new markets
Spotted: The Singapore-based online health platform, Doctor Anywhere, recently raised €55.85 million in their latest funding round, bringing the total capital raised over the past five years to over €118.47 million.
The platform, which currently operates across Singapore, Thailand, Malaysia, Vietnam and the Philippines, delivers healthcare services, pulling from a network of nearly 2,800 doctors. Patients can request medication to be delivered to their home within 3 hours. In 2017, the startup claimed to have supported over 1.5 million users across Southeast Asia.
As reported in Mobile Health News, the Series C round was led by growth equity investor Asia Partners, joined by Novo Holdings, Philips and OSK-SBI Venture Partners. The company’s existing investors (EDBI, Square Peg, IHH Healthcare, Kamet Capital and Pavilion Capital) also contributed.
Doctor Anywhere hopes to use the new funding to expand its presence in existing and other markets. The platform also plans to improve the delivery of its healthcare services.
Explore more: Computing and Tech