Daily Markup #130: Indonesia’s Alodokter raises Series C extension to scale its healthtech…

Bringing healthtech to millions of Indonesians

  • 500-backed and Indonesian-based telemedicine super app Alodokter announced it has successfully raised funding from MDI Ventures, a corporate venture capital initiative by mobile network conglomerate Telkom Indonesia.
  • This funding is an extension of the US$33 million Series C round raised by Alodokter last year.
  • “MDI’s investment into Alodokter proves our commitment towards improving millions of lives across Indonesia. This funding brings together Telkom Indonesia’s public service mission for Indonesians and Alodokter’s business approach to supporting general healthcare,” said Suci Arumsari, President Director of Alodokter.
Credit: Yahoo! Finance
  • Alodokter connects patients with more than 30,000 doctors and 1,500 hospitals and clinics across the archipelago, giving them access to online consultations, healthcare content, and insurance services via an app. An e-pharmacy is slated to launch in the next few months, the company revealed.
  • Alodokter was among the healthtech companies in Indonesia that were experiencing spikes in user acquisition during the pandemic, as lockdown measures limited healthcare access to those who needed it.
  • The company claims to have over 27 million monthly active users or more than 10% of the Indonesian population using Alodokter services at least once a month.
  • Alodokter CEO Nathanael Faibis added, “We created Alodokter to provide reliable and trustworthy medical services for all Indonesians. We always believed that if providing high-quality medical services at a very affordable price was the key to attract millions of patients. This strategy is paying out and we are very proud to support millions every day.”
  • Congrats on the new funds, team Alodokter!

Autonomous Ohmnis

  • 500-backed OhmniLabs’ telepresence robots have been utilized at hospitals and elderly care centers during the pandemic.
  • The towering machine, equipped with an HD monitor and cameras, allows nurses to speak with patients without the risk of contamination. For users staying away from their elderly parents, they can count on the robots as their eyes and ears to get in touch.
  • “With the pandemic, our robots have been deployed in 40 hospitals and health care systems. The pandemic has accelerated the adoption of robots and we’re seeing an explosion of growth now. The demand is off the charts,” OhmniLabs CEO and co-founder Thuc Vu told tech media platform Fierce Electronics.
Credit: Forbes
  • The robot — fondly known as Ohmni — is motorized remotely via a keyboard, although Vu did say they’re planning to make it autonomous next year.
  • They’ve also stood in at graduation ceremonies and purchasing art pieces in galleries across the world.
  • As physical isolation becomes commonplace for the foreseeable future, OhmniLab’s metal creations plan to help people keep their loved ones close, despite the distance.
  • Read the rest of the interview here.

Free facial recognition for all (for 30 days)

Credit: Seventh Sense™
  • With its facial recognition and thermal camera processing solution, 500-backed artificial intelligence startup Seventh Sense™ is providing Singaporean shopping malls and healthcare facilities the technology to carry out mandatory temperature screenings in the midst of the pandemic.
  • Its retail product also provides a real-time headcount at entry and exit points of a premise, enabling retailers to control overcrowding.
  • Seventh Sense™ recently released its facial recognition tech, the API7 Facial Recognition Server, a tool for developers to build Facial Recognition applications.
  • In line with the company’s focus on power-efficient and low-cost technology, this tool was built to run on a CPU (computer processing unit) and no GPU (graphics processing unit) is required.
  • A free 30-day trial is available here.

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500 Startups is a venture capital firm on a mission to discover and back the world’s most talented entrepreneurs, help them create successful companies at scale, and build thriving global ecosystems. In Southeast Asia, 500 Startups invests through the pioneering 500 Southeast Asia family of funds. The 500 Southeast Asia funds have backed over 240 companies across multiple sectors from internet to consumer to deep technology. It continues to connect founders with capital, expertise and powerful regional and global networks to help them succeed.

This post is intended solely for general informational or educational purposes only. 500 Startups Management Company, L.L.C. and its affiliates (collectively “500 Startups”) makes no representation as to the accuracy or information in this post and while reasonable steps have been taken to ensure that the information herein is accurate and up-to-date, no liability can be accepted for any error or omissions. All third party links in this post have not been independently verified by 500 Startups and the inclusion of such links should not be interpreted as an endorsement or confirmation of the content within. Information about portfolio companies’ markets, competitors, performance, and fundraising has been provided by those companies’ founders and has not been independently verified. Under no circumstances should any content in this post be construed as investment, legal, tax or accounting advice by 500 Startups, or an offer to provide any investment advisory service with regard to securities by 500 Startups. No content or information in this post should be construed as an offer to sell or solicitation of interest to purchase any securities advised by 500 Startups. Prospective investors considering an investment into any 500 Startups fund should not consider or construe this content as fund marketing material. The views expressed herein are as at the date of this post and are subject to change without notice. One or more 500 Startups fund may have a financial interest in one or more of the companies discussed.

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