Company earns backing of yet another strategic investor from the region
KUALA LUMPUR, Malaysia, Feb. 23, 2017 /PRNewswire/ — BookDoc, a healthcare technology start-up headquartered in Malaysia , has announced the latest investment round led by a family member of Dr. Stanley Ho , the Macau billionaire tycoon with a business empire spanning from entertainment to tourism, shipping, real estate, banking and air transport in multiple counties.
BookDoc welcomes the member of Dr. Stanley Ho’s family as its latest strategic investor after Prince Abdul Qawi, of the Brunei Royal family, who invested in BookDoc barely a year ago. The latest undisclosed investment values BookDoc at double-digit USD millions, and adds to its growing list of backers who bring along with them deep cross-border business networks and valuable multi-disciplinary experience from entrepreneurship, healthcare and IT to banking and insurance.
“We are really fortunate to have such illustrious strategic investors who can offer great insights into the unique business environment that BookDoc is operating in. We offer solutions at the confluence of healthcare and IT, and yet the potential business applications extend as far as HR, insurance and even retail. This is why these experienced individuals who hail from various business verticals with deep know-how on doing business in Asia are vital to BookDoc. It will help us penetrate markets faster and more effectively,” explained Dato’ Chevy Beh, Founder and CEO of BookDoc.
Since its inception in October 2015 , in less than 18 months, BookDoc has expanded its presence from Malaysia to Singapore, Hong Kong and Thailand . It has launched an integrated online ecosystem for health travellers, local and abroad, to search for and book appointments with healthcare professionals. The system integrates seamlessly with Uber, Grab, AirAsia, Agoda and TripAdvisor, and is the official partner of Social Security Malaysia, Foreign Workers’ Medical Examination Malaysia (FOMEMA), and the Ministry of Tourism Malaysia. In addition, it launched BookDoc Activ, the latest module which rewards users for maintaining a high level of activity, and successfully partnered with more than 40 major retailers and service providers in 12 countries within 3 months of its launch.
BookDoc was honoured with Frost & Sullivan’s 2016 Innovation Excellence Award in the Mobile Healthcare Technology Market in South East Asia.
“With additional funding, we will be in a stronger position to expand regionally in South East Asia, roll out more products and features targeting the B2B market, and form strategic partnerships in the region. It is more important to get it right than to rush into any opportunities that arise,” added Chevy Beh on the strategic direction of BookDoc moving forward.
BookDoc, with presence in Malaysia , Singapore , Hong Kong and Thailand , is an online platform that operates across the healthcare continuum connecting patients to healthcare professionals anytime and anywhere, while incentivising all to stay active.
BookDoc has established an integrated online ecosystem for local and overseas health travellers. The ecosystem allows users to search and book healthcare professionals anytime and anywhere, and integrates seamlessly with navigation (Google Maps, Waze), transport (Grab, Uber, AirAsia), accommodation (Agoda) and recommendeds restaurants & attractions (TripAdvisor) for a hassle-free and enjoyable experience to healthcare appointments. In addition, through BookDoc Activ, it rewards users for maintaining a high level of activity by partnering with major retailers and service providers that offer users discounts for achieving reward tiers based on activity level.
The company is backed by a diverse group of investors from entrepreneurs to seasoned healthcare and insurance professionals, banker, regulators as well as ICT professionals. It has made records in achieving the highest pre-seed and seed valuation in Asia Technology Start-up history. It is available online at www.bookdoc.com , App Store and Google Play Store.