Asian Health Startup Raises $65.7

Doctor Anywhere, a project with an ‘omnichannel’ approach to medicine, confirmed raising nearly $90 SGD (almost $70M USD) in Series C funding. Asia Partners and other investors such as IHH Healthcare, EDBI, Square Peg, Pavilion Capital, and Kamet Capital participated in leading the round. Keep reading for more details on the news, as well as what exactly the ‘omnichannel’ strategy means. 

First up, Doctor Anywhere’s omnichannel approach implies that along with online consultations, it features in-person health centers, manages home visits and healthcare-related deliveries. Furthermore, the startup features an app-based store offering health-boosting and medicinal products. That does sound like a one-stop shop for all-things-medicinal. 

Created four years ago by Lim Wai Mun and being accessible in Singapore, Vietnam, Malaysia, Thailand, and the Philippines, Doctor Anywhere reportedly serves over 1.5M users. According to Lim, when he began creating Doctor Anywhere, solid telemedicine projects already existed in the US and Europe. However, Southeast Asia didn’t have access to something equally good. As a matter of fact, Lim was largely motivated to start working on the startup because he had older family members who were too weak to leave home to visit a doctor.

Doctor Anywhere rolled out as an online-only telehealth project. But the team behind the platform soon came to the realization that physical presence is paramount for building trust with consumers. Over time, the company initiated its home care services and physical healthcare institutions. With the COVID-19 pandemic outbreak, the demand for remote medical assistance has grown significantly, which stimulated the company to double-size its network in Southeast Asia. You’re welcome to leave your feedback on the topic of this post in the comment section below.