Samreen Ahmad · · 1 min readVietnamese healthcare startup banks $20m in series B round
Jio Health, a Vietnam-based healthcare startup, has raised US$20 million in a series B round led by Heritas Capital and joined by Monk’s Hill Ventures, Fuchsia Ventures, and Kasikorn Bank Group.
Jio Health founder and CEO Raghu Rai / Photo credit: Jio Health
Jio’s online and offline care services are integrated with its lab information systems, e-pharmacy, and clinical operating systems.
This enables consumers to have a cohesive end-to-end healthcare journey that encompasses appointment booking, consultation, diagnostics, treatment, and home delivery of prescriptions, according to the startup. It has a network of over 300 Jio-branded neighborhood pharmacies.
The firm will use the funds to expand its smart clinics and omnichannel ecosystem across its primary market of Vietnam, as well as for its expansion into regional markets over the coming years.
See also: Exclusive: Oyo-like healthcare startup eyes up to $20m series B money
In 2019, the company raised US$5 million in a series A funding round led by Monk’s Hill Ventures.
Editing by Miguel Cordon and Lorenzo Kyle Subido
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