Jio Health received $20 M in Series B to develop its on-demand home care services in Vietnam
Jio Health, a Vietnamese health-tech startup, has raised $20 million in a Series B round headed by Singapore-based private equity firm Heritas Capital.
Fuchsia Ventures, Kasikorn Bank Group, and Monk’s Hills Ventures have also joined, according to a news release from the Ho Chi Minh City-based firm.
The funds will be used to grow the company’s Smart Clinics and omnichannel ecosystem throughout Vietnam. It will also add people and expand its clinical service offerings to new customers and businesses.
Raghu Rai and serial entrepreneur Ken Rohl created Jio Health in 2014, with operations in Irvine. It offers low-cost health care to customers wherever they buy, work, or reside. Telemedicine, e-prescription fulfilment, digital medical records, and machine learning for clinical decision assistance are all part of its technologies.
Jio Health’s offline matrix includes Smart Clinics, on-demand home care, and a network of 300+ Jio-branded neighbourhood pharmacies, in addition to virtual care.
The startup’s lab information systems, e-pharmacy, and clinical operating systems are all connected with its online and offline care offerings.
Jio’s multi-speciality care portfolio offers users a one-stop-shop for 14 different services, including paediatrics, chronic illness management, mental health, maternity care, and women’s health.
Jio Health secured $5 million in a Series A financing headed by Monk’s Hill Ventures in April 2019 to expand its care provider team and clinical operations throughout Vietnam.
