ASIA news
AWAK bags $20M in Series B funding
Despite a challenging market condition, Singapore-based medtech AWAK Technologies has raised more than $20 million in a Series B funding round – one of the biggest funding raises in Southeast Asia this year. The round was co-led by Lion X Ventures and Vickers Venture Partners.
AWAK is developing a portable peritoneal dialysis device that allows users to undergo...
Japanese pharmaceutical company Eisai has established a new digital health business targeting dementia.
WHY IT MATTERS
Eisai's newly formed wholly-owned subsidiary, Theoria Technologies Co., seeks to "accelerate the development of a dementia ecosystem." This ecosystem, according to a press release, will empower people with dementia to "live their fullest lives."
Commencing business in April 2024...
Online health information platform AskDr has been acquired for an undisclosed sum by Health Innovations, a group of medical doctors based in Singapore.
AskDr serves as an online avenue for trusted medical advice and personalised health information. It enables patient-led discussions with doctors as moderators.
Launched during the pandemic, it was run by volunteer doctors who help address medical...
Lissun scores $1.3 million seed funding
Lissun, a mental health platform from India, has collected $1.3 million in seed funding from a round led by Inflection Point Ventures and Rainmatter Capital.
The startup aims to tackle the stigma around mental health by offering consumer-facing solutions through healthcare institutions in a B2H2C model.
According to a press statement, Lissun plans to use...
E-pharmacy MrMed scores half mil for expansion
Online pharmacy MrMed has raised $500,000 from a funding round led by the Tamil Nadu Emerging Sector Seed Fund.
According to a news report, the company will use its fresh funds to expand its team and reach out to more customers.
Launched in 2021, the pharmacy startup offers specialty medicines for cancer, heart disorders, and other critical health...
The healthcare unit of South Korean diversified conglomerate Lotte has teamed up with iMediSync to co-develop new AI-driven healthcare services.
Based on a press release, the two companies signed a memorandum of understanding to cooperate on a medium-to-long-term joint business venture that leverages AI technology for wellness and senior care. They also intend to work together on some marketing...
TikTok joins youth mental health campaign in Korea
Social media platform TikTok in South Korea, together with the non-profit organisation Mental Health Korea, has tied up with the National Center for Mental Health to promote the mental well-being of young people.
Based on their memorandum of understanding, the organisations aim to improve youth mental health through the dissemination of correct...
The digital health arm of India-based pharmaceutical company Lupin has unveiled its e-clinic attending to heart failure patients.
Called Lyfe, the virtual clinic is manned by a team of paramedics, nurses, cardiotherapists, health coaches and care managers who support cardiologists in managing their patients. Without specifying, Lupin Digital Health said the clinic is equipped with AI-guided...
Kakao Healthcare, the digital healthcare business of South Korean internet company Kakao Corporation, has partnered with Novo Nordisk to further develop its diabetes management service powered by mobile and AI technologies.
The two organisations recently signed a memorandum of understanding to launch a smart healthcare service to support patients with diabetes. According to a press release, Kakao...
Indonesian health tech company Halodoc has raised $100 million in a Series D funding round led by Astra Digital, a subsidiary of diversified conglomerate Astra International. The round was also joined by Openspace and Novo Holdings.
Established in 2016, Halodoc provides online integrated health services, which include telemedicine, medicine ordering, lab test and doctor appointment booking, third...
