Since its inception, the Medigo app has had over 500,000 active users and nearly 1,000 pharmacy partners across Vietnam.
Heaptalk, Jakarta — A Vietnam-based telehealth platform that provides on-demand medication prescribing and delivery services, Medigo, has seized a new fund of US$2 million in a Series A round.
East Ventures leads the round, with participation from multiple investors, including Pavilion Capital and Touchstones Partners. By gaining new capital, Medigo startup will manage the money, amplify its service and develop a healthcare ecosystem in Vietnam, spanning remote doctor consultation, 24/7 quick medicine delivery, and home testing services.
In more detail, remote doctor consultation is an online connection feature with well-known doctors, aiming to aid users in receiving advice on health issues regardless of their location. On the other hand, by enhancing the platform’s 34/7 medicine delivery service, Medigo intends to assist users in obtaining their medication as quickly as possible within 20 minutes. Meanwhile, Medigo’s home testing service amplification also aims to perform various health tests conveniently in their own houses, including blood tests, urine tests, and pregnancy tests.
“Digital technology can improve the accessibility and affordability of good quality healthcare. We are excited by Medigo’s mission to revolutionalize pharmacies and healthcare services in Vietnam. We welcome Medigo to East Ventures’ ecosystem and look forward to collaborating with them to drive healthcare innovation,” said Koh Wai Kit, Managing Partner of East Ventures.
Medigo’s platform connects customers with the nearest trusted pharmacies, providing on-demand medicine delivery services. The Medigo app helps people find the closest licensed pharmacies and order medicine to be delivered instantly. By offering convenient, fast, and cost-saving health services for customers, the Medigo app currently has over 500,000 active users and nearly 1,000 pharmacy partners across Vietnam.
In response to this latest injection, Medigo’s CEO and Co-Founder of Medigo, Ha Le, voiced, “East Ventures’ investment is a decisive vote of confidence in Medigo’s vision, business model, and direction. We greatly appreciate the trust and commitment they and our other investors have placed in us, and we look forward to working with them as we continue to scale up our business,”
Carrying out its mission to elevate a robust healthcare ecosystem for customers in Vietnam and beyond, this health technology startup has continuously improved its operations and services by optimizing user experience and serving as a bridge to simplify users’ access to healthcare services safely, conveniently, and efficiently.
