In brief: Ayala funds healthcare services startup AIDE

Ayala Healthcare Holdings (AC Health), a wholly owned subsidiary of Philippines-based Ayala Corporation, a conglomerate with multiple business interest in real estate, banking, telecom, etc., has made an investment in AIDE, a startup delivering healthcare services to patients’ doorsteps.

The transaction details were not disclosed.

Source: e27

Ayala says it is on the lookout for emerging startups and entrepreneurs who can disrupt the healthcare industry. The company believes AIDE’s model is in line with its vision of improving access to affordable and quality healthcare service in the Philippines.

Patients can book medical professionals to deliver healthcare services to their homes through the AIDE app. Services include medical consultations, nursing care, physical therapy, caregiving, lab extraction and interpretation, and even veterinary care.

AIDE complements other investments made by Ayala, which hopes to expand its health technology portfolio further. To this end, the company earlier this year established Vigos, a healthtech unit that develops its own electronic medical records and clinic information system.