Morning News Roundup: Doctor Anywhere raises US$27M Series B funding led by Square Peg

Telehealth startup Doctor Anywhere closes US$27M Series B funding

Doctor Anywhere, a tech-enabled healthcare company headquartered in Singapore, announces today that it has secured a US$27 million Series B financing round led by Square Peg, a venture capital fund in Australia. Joining the round is Singapore Government investment arm EDBI, international healthcare provider IHH Healthcare, Pavilion Capital, and existing shareholder Kamet Capital, bringing Doctor Anywhere’s total capital base to exceed US$40 million.

The company said that the latest investment will “boost its market leadership position in the healthtech industry in Asia, as it prepares for expansion to augment the region’s healthcare landscape through digital transformation, with the support of local and regional partners.”

Doctor Anywhere recently launched its platform in Thailand, in partnership with one of Thailand’s established private hospitals, and a global corporate insurance provider. Doctor Anywhere also operates in Hanoi and Ho Chi Minh City, Vietnam, with announcements on other regional plans in the pipeline due later this year.

MatchMove acquires stake in e-commerce platform Shopmatic

MatchMove, Singapore-based fintech platform, announces that it has entered into an agreement with e-commerce enabler Shopmatic to make a strategic investment in the company with immediate effect.

Also Read: MatchMove acquires stake in P2P lender MoolahSense to strengthen its SME financing capabilities

MatchMove said that this investment will enable the company to extend its digital wallet capability to Shopmatic’s ecosystem of more than 435,000 e-commerce small and medium-sized enterprises (SMEs) and individual entrepreneurs across the region.

Shopmatic specialises in providing turnkey solutions to SMEs that want to set-up an online store, which includes setting up the store-front, payment, shipping, and logistics integrations, selling across multiple channels such as social media and marketplaces, to sales management and customer support.

With its involvement, MatchMove will enable digital payments and cross-border remittance capabilities for Shopmatic users. Over time, these SMEs can build a credit-score against which they can access loans for their capital requirements.

EMURGO launches blockchain-based traceability solution for enterprises

EMURGO, the blockchain solutions provider and a founding entity of Cardano, announced the launch of “EMURGO Traceability Solution” – an enterprise solution leveraging blockchain technology to modernise existing supply chain traceability standards. The service aims to bring added value to supply chain stakeholders as well as end consumers.

EMURGO partnered with Blue Korintji Coffee, an environmentally-conscious Indonesian coffee brand, to be the first commercial enterprise to integrate the solution in its coffee supply chain. The solution will leverage Cardano’s research-driven blockchain technology to provide transparency of purchasing prices between stakeholders and assure the immutability of accumulated private information.

Also Read: [Updated] Cardano Project offers blockchain training for students in Indonesia

Coffee consumers will also be able to simply scan a QR code displayed in the coffee shop to access this information about the origin and traceability of their coffee. Starting from April 5, Blue Korintji Bintaro, the company’s first established cafe branch in suburban Jakarta, will serve coffee to customers using EMURGO’s Traceability Solution.

—

Image Credit: Doctor Anywhere

The post Morning News Roundup: Doctor Anywhere raises US$27M Series B funding led by Square Peg appeared first on e27.