Vietnamese digital health startup Jio Health nets $20M in Series B round
Summary
Jio Health, a digital healthcare provider in Vietnam, has scored $20 million in a Series B funding round led by health-focused investor Heritas Capital from Singapore. On the physical side, it runs smart clinics and over 300 Jio-branded neighbourhood pharmacies, as well as offers on-demand home care. WHAT ITS FOR According to a press statement, its fresh funds will be used to reach more consumers and employers and launch more smart clinics across Vietnam, as well as support its plan of entering regional markets "over the coming years". It will also deploy its latest investment into growing its provider and clinical support teams and upgrade its technology platform. But other Asian players have also drawn investors attention, such as the Indonesian weight loss app Sirka, which closed a $2.6M seed funding round last month, and H2U Corporation, a digital workplace health-focused company in Taiwan, which snapped up $8 million from Foxconn in January.