Doctor Anywhere, a startup that takes an “omnichannel” approach to healthcare, announced today it has raised $88 million SGD( about $65.7 million USD) in Series C fund. The round was led by Asia Partners, with participation from Novo Holdings, Philips and OSK-SBI Partners. It also included returning investors EDBI, Square Peg, IHH Healthcare, Kamet Capital and Pavilion Capital.
As part of the round, Asia Marriage co-founder Oliver Rippel and Novo Holdings Equity Asia senior collaborator Dr. Amit Kakar will join Doctor Anywhere’s board of directors. The company’s Series C, which it claims is one of the largest private rounds is giving rise to a Southeast Asian healthtech company, fetches its total funding to more than $ 140 million SGD.
Doctor Anywhere’s omnichannel approach means that in addition to online consultations, it runs in-person clinics, supplies dwelling sees, prescription transmissions and operates an in-app marketplace for state and wellness produces.
Founded in 2017 by Lim Wai Mun, Doctor Anywhere claims it is now time provides more than 1.5 million customers. It is available in Singapore, Malaysia, Thailand, Vietnam and the Philippines, and recently established tech centres in Bangalore and Ho Chi Minh City.
Lim told TechCrunch in an email that where reference is started working on Doctor Anywhere, there were already successful telemedicine programmes in the United Commonwealth, the United Kingdom and China, but the pose was still nascent in Southeast Asia. A former investor, Lim began Doctor Anywhere as a side project because he had older relatives who could not leave their homes for medical sees.
Doctor Anywhere propelled as an online-only telehealth platform, but “we instantly “ve learned that” physical existence is very important in order to build trust with consumers, ” Lim said. As a cause, the company started its home care services and physical clinics.
According to Doctor Anywhere’s forecasts, the COVID-1 9 pandemic fast-tracked the adoption of telehealth services in Southeast Asia by at least five years. The corporation construed more demand for online medical consultations, prescription transmissions and mart buys.
“In the past year, we have more than redoubled the dimensions of the our network, from around 1,000 providers during the early stages of 2020 to currently close to 2,500 medical professionals across Southeast Asia, ” Lim said.
In response to the pandemic, Doctor Anywhere propelled an online COVID-1 9 Medical Advisory Clinic last year to provide on-demand consultations for parties with suspected symptoms. It likewise originated an online mental wellness module with psychologists. Lim said the company has realise an increase in demand for mental health-related services, like insomnia and anxiety.
Other telehealth startups in areas include WhiteCoat, Speedoc and Doctor World. Lim said Doctor Anywhere wants to differentiate by instantly propelling new makes in response to user research, and “cultivating a balance between technology and human touch.”
The funding will be used to deepen Doctor Anywhere’s spirit in its current groceries and expand into brand-new ones. It also plans to scale its tech infrastructure and big data abilities for a better online-to-offline user experience, and will be presented by new medical specialty modules, shorten medication transmission epoches and develop personalized healthcare plans.
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