Vietnamese based healthcare start-up JIO Health has clinched US$5 million in a Series A financing round led by Singapore venture firm Monk’s Hill Ventures, according to the news site Tech in Asia.

JIO Health operates an online healthcare app as well as a brick-and-mortar clinic in HCM City to provide a range of medical services, including pediatrics, primary care, chronic disease management and ancillary care. — Photo courtesy of JIO Health

Vietnam-based healthcare startup raises $5m from Singaporean fund

05/04/2019

Vietnamese based healthcare start-up JIO Health has clinched US$5 million in a Series A financing round led by Singapore venture firm Monk’s Hill Ventures, according to the news site Tech in Asia.

SR Vietnam | Business News & Business Solutions

JIO Health plans to use the proceeds from the investment to further expand its suite of services and meet its growth expectations, it said in a statement.

The start-up is also trying to expand the scale of the team providing care and operations in Viet Nam.

Founded in 2014 by Raghu Rai and serial entrepreneur Ken Rohl in the US, the start-up was relocated to Viet Nam after its founders saw the opportunity to offer tech-driven healthcare services to people who live in Southeast Asia.

The company operates an online healthcare app as well as a brick-and-mortar clinic in HCM City to provide a range of medical services, including paediatrics, primary care, chronic disease management and ancillary care. JIO Health also offers home visits by doctors, a telemedicine portal, deliveries of lab test results, and access to digital medical records. — VNS

Source: Bizhub.vn

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