AsianScientist (Aug. 13, 2019) – Halodoc, an online healthcare platform based in Indonesia, has secured additional funding from strategic investors including the Bill & Melinda Gates Foundation, Allianz X and Prudential. Allianz and Prudential provide insurance services in Indonesia and are users of Halodoc’s services. The funds will be used to further Halodoc’s commitment to simplify healthcare through technology in Indonesia.
Halodoc operates a mobile platform for patients to access doctors any time of the day. It also provides pharmacy delivery across 50 cities as well as home lab services, with the aim of increasing accessibility to affordable and reliable healthcare services. On average, Halodoc serves around seven million patients per month throughout Indonesia, with 80 percent of patients residing outside the main cities of Jakarta and Surabaya.
Halodoc has raised three rounds of financing from institutional investors, with the most recent funding closed earlier this year, led by UOB Venture Management. Other investors in the financing round include Singtel Innov8, Korea Investment Partners and WuXi AppTec. Existing investors such as Go-Ventures, BliBli, Openspace Ventures and Investidea also participated. This latest round of funding brings Halodoc’s total funds close to US$100 million.
“As an online healthcare application with a mission to simplify healthcare, these strategic partnerships will help improve the quality and number of healthcare options available to Indonesians living outside major cities, particularly outside of Java where healthcare infrastructure is less established,” said Mr. Jonathan Sudharta, CEO of Halodoc
“Halodoc aims to learn from the Bill & Melinda Gates Foundation’s long-established track record of working with partners to deliver best practice healthcare solutions and improving quality of life around the world.”
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Source: Halodoc.
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