Doctor Raksa acquired by Doctor Anywhere to add 1M customers to the platform
Doctor Anywhere, a Singapore-based health-tech firm, has purchased the Thai telemedicine portal Doctor Raksa.
The acquisition follows the US $65.7 million Series C funding round led by Asia Partners in August for Doctor Anywhere.
By the end of Q1 2022, the Singaporean company hopes to increase its footprint in Thailand by expanding its pharmaceutical delivery services to 38 provinces.
Doctor Anywhere’s platform will gain one million new customers as a result of this agreement. It had 1.5 million active users in Southeast Asia before the purchase.
In the following two years, the business anticipates its Thai sales to increase by over 5 times.
In Thailand, both brands will work together to maintain their essential functions while using important resources and expertise to build new product features for users. More than 1,000 medical specialists and partners make up the unified network, which includes pediatrics, cardiology, urology, gynecology, and orthopedics.
Jaren Siew, CEO of Doctor Raksa, said, “The regional exposure of Doctor Anywhere will bring immediate scale, strong B2B relationships, and tech capabilities to Doctor Raksa. This will help us to provide an even better product offering for our patients, doctors, and employees.”
Surangkhana (Nicky) Surapaitoon, GM of Doctor Anywhere Thailand, said, “The acquisition brings key learnings for us to localize our services to meet growing in-market needs and engage with our users. The information exchange between two competent teams will help us build an effective omnichannel telehealth model for the country.”
Online doctor consultations, electronic prescriptions, electronic medical summaries, pharmacist consultations, and prescription refills are all available through Doctor Raksa, which was founded in 2016. It has a user base of over a million people.
Doctor Anywhere is an omnichannel healthcare firm that was founded in 2017 with the goal of making healthcare more accessible and efficient for everyone. Its digital platform uses technology and innovation to overcome gaps in the healthcare ecosystem, allowing consumers to successfully manage their health using its mobile app.
In Singapore, Malaysia, Thailand, Vietnam, and the Philippines, Doctor Anywhere is now available. In addition, the company recently announced the opening of regional tech hubs in India and Vietnam.
Doctor Anywhere has raised a total of US $104 million so far. In 2018, it also included a US $4.1 million Series A financing led by Kamet Capital Partners.
Novo Holdings (Denmark), Philips, and OSK-SBI Venture Partners (Malaysia), EDBI, Square Peg, IHH Healthcare, Kamet Capital, and Pavilion Capital are among its other supporters.
