Funds will be utilized to expand its smart clinics and omnichannel ecosystem across its primary market of Vietnam and in newer geographies and further advance technology platform innovation
MDI Ventures' Centauri Fund, Heritas Capital, and KB Investment invest into Cakap in advancing their technology and expanding markets JAKARTA, Indonesia, Dec. 10, 2021 /PRNewswire/ Cakap, one of the biggest Edtech platforms in Indonesia, has raised US$10m in an oversubscribed series B round to expand their certified course offering, as well as to fuel its market expansion in.
(0)
Pan-Asia Impact Fund to back high-growth emerging champions developing smart platforms that enhance access to affordable quality healthcare and education for sustainable post-Covid recovery, in line with UN Sustainable Development Goals (SDGs)
Builds on successful track record of earlier Growth Funds which have deployed US$150 million to back emerging category leaders including omni-channel healthcare and education solutions, next generation therapeutics, and precision medicine
With first close anchored by impact-conscious investors Tsao Family Office and IMC Group, Fund III will go beyond seeking commercial returns to align intentionality and track material impact metrics that are collinear to scaling business and impact goals at the same time.
$16m in a new funding round led by
Heritas Capital with participation from Singapore-based family office of Y S Investment Pte Ltd. Existing MFine investors including SBI Investment, SBI Ven Capital, BEENEXT and Alteria Capital have also followed-on in the round. The oversubscribed round wraps up a strong year for MFine with the company achieving
10x growth amidst exponential adoption of telemedicine and digital health in India in 2020.
The COVID-19 pandemic, subsequent lockdown measures and the release of Telemedicine Guidelines by Government of India have led to the widespread adoption of telemedicine in India. A new standard for digital health services including health IDs, personal health records, Digi Doctor and a health facility registry has also been announced in August 2020 under the National Digital Health Mission (NDHM) to support universal health coverage for India s citizens.