Hello Health Group closes US$1.5mil seed round
By Digital News Asia June 30, 2016
- Operates healthcare information portals in Indonesia and Vietnam
- Funding to be used to expand to other markets, product development
SINGAPORE-based Hello Health Group said it has secured US$1.5 million in funding, in a round led by CMG.Asia with participation from angel investors including Thailand-based Charles Toomey, the former global head of healthcare at DKSH.
The funding will be used to expand to other frontier regions and on developing its product to better serve users, it said in a statement.
Hello Health Group, which operates healthcare information portals in Indonesia and Vietnam, also welcomed CMG.Asia chairman Randy Dobson to its board.
CMG.Asia is one of the largest lifestyle companies in Vietnam, owning and operating 18 different brands in fitness, entertainment, media, and medical services, Hello Health Group said.
“The impact that Hello Health Group can make on improving the quality of life for people living in this region is truly transformational, so to have the chance to lead the investment round for this incredible business was something I just couldn’t pass up,” said Dobson.
At DKSH, one of the largest pharmaceutical distributors in the world, Toomey used to lead a team of 9,000 people.
“… the manner in which patients and consumers gather information will increasingly impact their decisions, and lead to fundamental and irreversible changes in the way healthcare is accessed and delivered,” said Toomey.
“Hello Health Group, with its vision and expertise … is perfectly positioned to play a pioneering leadership role in South-East Asia,” he added.
Hello Health Group was founded in Singapore in 2015 by James Miles-Lambert and Mervyn Cheo, and operates Hello Health Group HelloBacsi.com in Vietnam and HelloSehat.com in Indonesia.
“Platforms like Google are absolutely fantastic in connecting consumers to the best possible information,” said Miles-Lambert.
“The trouble in the context of healthcare in emerging markets is that often, the information is not complete or accurate,” he added.
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