Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Friday, July 26 2019 - 13:15
AsiaNet
Halodoc completes strategic funding round, as it continues to expand its portfolio of services
JAKARTA, Indonesia, July 26, 2019 /PRNewswire-AsiaNet/ --

Strategic investors for the Series B+ round included the Bill & Melinda Gates 
Foundation, one of the world's largest philanthropic funds, Allianz X and 
Prudential

Halodoc[https://www.halodoc.com/], Indonesia's home-grown online healthcare 
platform, has secured additional funding from strategic investors including the 
Bill & Melinda Gates Foundation, Allianz X and Prudential. Allianz and 
Prudential provide insurance services in Indonesia and are users of Halodoc's 
services. The funds will be used to further Halodoc's commitment to simplify 
healthcare through technology in Indonesia. 

Photo - https://photos.prnasia.com/prnh/20190723/2531806-1-a

Logo - https://photos.prnasia.com/prnh/20190723/2531806-1logo 

Halodoc has raised three rounds of financing from institutional investors, with 
the most recent funding closed earlier this year, led by UOB Venture 
Management. Other investors in the financing round include Singtel Innov8, 
Korea Investment Partners and WuXi AppTec. Existing Investors such as 
Go-Ventures, BliBli, Openspace Ventures and Investidea also participated. In 
total Halodoc has raised close to USD100 million (around IDR1,4 Trillion).

Halodoc operates a mobile platform for patients to access doctors any time of 
the day and pharmacy delivery across 50 cities, as well as home lab services, 
increasing accessibility to easy, affordable, and reliable healthcare services. 
On average, Halodoc serves around 7 million patients per month throughout 
Indonesia with 80% of patients residing outside the main cities of Jakarta and 
Surabaya.

"As an online healthcare application with a mission to simplify healthcare, 
these strategic partnerships will help improve the quality and number of 
healthcare options available to Indonesians living outside major cities, 
particularly outside of Java where healthcare infrastructure is less 
established. Halodoc aims to learn from the Bill & Melinda Gates Foundation's 
long-established track record of working with partners to deliver best practice 
healthcare solutions and improving quality of life around the world," said 
Jonathan Sudharta, CEO Halodoc. 

"Knowing the difficulties of healthcare accessibility in Indonesia, Halodoc is 
committed to new initiatives together with our investors, to help Indonesians 
access health services more easily. We hope, together, we can bring high 
quality and affordable health services across Indonesia," added Jonathan.

"Halodoc is successfully driving the digital transformation of the Indonesian 
healthcare industry through its holistic approach to the patient journey and 
strong strategic partners like Allianz and GO-Jek," added Carsten Middendorf, 
Investment Director at Allianz X. "This investment highlights our commitment to 
transformative businesses in emerging markets and delivering affordable 
insurance to underserved communities. We look forward to working with Halodoc 
across multiple verticals, and helping strengthen their operations and network 
in the wider South East Asian market."

"At Allianz, customer needs come first," said Todd Swihart, Managing Director 
Allianz Health & Corporate Solutions, Allianz Life Indonesia. Through this 
strategic partnership with Halodoc, we will strengthen our 24x7 Digital 
Healthcare services and expand our Health Ecosystem that complements our range 
of health services and healthcare provider network. By providing our customers 
all-round access to healthcare, we will be able to expand insurance protection 
for more Indonesians."

SOURCE Halodoc

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   Caption:  Halodoc completes strategic funding round, as it continues to 
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   Caption: Halodoc Logo

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