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Sri Lanka: Riding the telemedicine wave

Sri Lanka: Riding the telemedicine wave
Health Analytics
© Health Analytics
The pandemic has been a watershed moment, giving a fillip to startups providing plug-and-play virtual healthcare solutions across Sri Lanka. But will the trend transcend beyond the current crisis to become a mainstay in the island country?
By Jisha Krishnan
Shortly after the government announced a lockdown in March 2020 to curb the spread of COVID-19, the members of the Sri Lankan Association of Community Ophthalmologists (SLACO) launched a Facebook page. The dedicated social media space turned into a virtual consultation room. Patients reached out to the doctors, often with close-up images of their eyes. In some cases, the images were accompanied by short voice/video clips expressing the patients’ concerns. ....

New South Wales , Sri Lanka , Sri Lankans , Sri Lankan , Kumara Mendis , Jisha Krishnan , Health Analytics , Health Analytics Asia , Sri Lankan Association Of Community Ophthalmologists , Ministry Of Health , Sri Lankan National Telemedicine Platform , School Of Medicine At Western Sydney University , Indigenous Medical Services , Sri Lankan Association , Community Ophthalmologists , Silicon Valley , South Asian , Non Communicable Disease , Chair Professor , Family Medicine , Associate Professor , Western Sydney University , புதியது தெற்கு வேல்ஸ் , ஸ்ரீ லங்கா , ஸ்ரீ லங்கன் , ஜிஷா கிருஷ்ணன் ,

Healthtech Startup oDoc raises $1M in Pre-Series A Funding - Adaderana Biz English

Healthtech Startup oDoc raises $1M in Pre-Series A Funding
February, 24, 2021
The funding will be used to create a seamless customer experience across the healthcare and insurance verticals in the region.
oDoc, Sri Lanka s leading digital health company, announced it had closed USD 1 million in pre-series A funding at double its previous valuation.
Existing investor Techstars led the investment round along with leading Silicon Valley venture capital firms, Hustle Fund and Unpopular Ventures. Other notable investors included Cherif Habib (co-founder of Dialogue, a Canadian telemedicine start-up with over $50M in ARR), Vir Kashyap (co-founder of Babajob) and LPs Bill & Leonard Lynch. The investment will be used to expand operations and create a seamless customer experience across the healthcare and insurance verticals in the region. ....

Sri Lanka , Sri Lankan , Shiyan Koh , Leonard Lynch , Heshan Fernando , Vir Kashyap , Cherif Habib , Hustle Fund , Sri Lankan National Telemedicine Platform , Partner At Hustle Fund , Ministry Of Health , Silicon Valley , Managing Partner , ஸ்ரீ லங்கா , ஸ்ரீ லங்கன் , லியோனார்ட் லிஞ்ச் , ஹேஷன் பெர்னாண்டோ , வீர் காஷ்யப் , சலசலப்பு நிதி , ஸ்ரீ லங்கன் தேசிய டெலிமெடிசின் நடைமேடை , கூட்டாளர் இல் சலசலப்பு நிதி , அமைச்சகம் ஆஃப் ஆரோக்கியம் , சிலிக்கான் பள்ளத்தாக்கு , நிர்வகித்தல் கூட்டாளர் ,

[Funding alert] Healthtech startup oDoc raises $1M in pre-Series A funding round

Janaka Wickramasinghe (Chief Medical Officer)
, and Ashik Bari (COO), oDoc connects patients with doctors for video consultations and fulfils home diagnostics and medicine delivery.
Based in Sri Lanka, the app also provides a plug-and-play telemedicine solution for users. oDoc operates on two models:
pay as you go and
subscription. The subscription model starts at Rs 70 per user per month for corporate entities and the pay-as-you-go model starts at Rs 499 per consultation.
The company claims to have witnessed five times growth in revenues in 2020, while maintaining healthy unit economics.
This growth was fuelled by the pandemic, which was a watershed for the global telemedicine industry, the founders said in a press release. oDoc saw mass adoption across both patients and practitioners, with telemedicine being the only option for non-urgent healthcare during the lockdown. ....

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