Smarter Health receives $5.15M SGD to increase affordability in Southeast Asia

Singaporean-based startup, Smarter Health, has received $5.15 million SGD (about $3.8 million USD) in their Series A round by East Ventures.

Singaporean-based startup, Smarter Health, has received $5.15 million SGD (about $3.8 million USD) in their Series A round by East Ventures. Other investors were Orbit Malaysia, Citrine Capital, HMI Group and Emtek.

Smarter Health creates technology that enables effective and affordable exchange of data within the healthcare system. This helps increase one's quality patient care and reduces the cost. 

 The AI-based startup performs secure data exchanges between multiple variables like healthcare providers, insurers and patients. For payors and insurers, they can recommend apt specialists, schedule timely appointments and also make demographic profiles. They also take care of claims assessments and provide updates on the cases. All these activities are down at relatively high speed.

Smarter Health's motto is to make healthcare not only affordable but accessible and accountable. The new round of funding has raised Smarter Health’s total funds to $8 million SGD.

The venture is currently operating in Singapore, Malaysia and Indonesia. But plans are made to enter new geographies, particularly in Southeast Asia. 

Smarter Health has 4 min consumer segments - doctors, hospitals, insurers and corporate payors. Their corporate payors are AIA, Allianz and Prudential and more

Tags : #SmarterHealth #EastVentures #OrbitMalaysia #CitrineCapital #HMIGroup #Emtek #funding #smitakumar #medicircle

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

Dish TV Revolutionizes Entertainment with ‘Dish TV Smart+’ Services, Offering TV and OTT on Any Screen, AnywhereApril 26, 2024
Arohan Financial Services Recognized Among India's Best Workplaces in BFSI 2024April 26, 2024
Why Podcasts Are the Next Big Thing in Healthcare Advertising in IndiaApril 26, 2024
Challenges of Child Growth at High Altitudes: New Study Reveals ImpactApril 26, 2024
Staying Cool in India's Scorching Heat: Heatwave Safety TipsApril 26, 2024
The Dark Side of Neotame (Artificial Sweetener): New Research Raises Concerns about Gut HealthApril 26, 2024
Sightsavers India Fellowship Program Invites Applications for Promising OphthalmologistsApril 25, 2024
Transforming Brain Healthcare: India's Visionary Task Force for Neurological DisordersApril 25, 2024
The Battle Against Malaria: Rising Trends and Vaccine InnovationsApril 25, 2024
Talc and Asbestos Controversy: Inside Johnson & Johnson's Courtroom StruggleApril 25, 2024
The Hidden Struggles of Parenthood: Addressing Isolation, Loneliness, and BurnoutApril 25, 2024
FDA Confirms Bird Flu Virus Remnants in Pasteurized Milk: Safety and Regulatory InsightsApril 24, 2024
Sarvodaya Hospital Redefines Total Knee Replacement Surgery with Augmented Reality April 23, 2024
Fateh Education announces partnership to expand educational opportunities for Indian studentsApril 23, 2024
10 Strategies to counter disinformation for the healthcare digital ecosystemApril 23, 2024
Is Selling Over-the-Counter (OTC) Drugs in General Stores A Step Towards Affordable Healthcare in IndiaApril 23, 2024
Student Health Crisis: Food Poisoning Incident Strikes Pune Coaching CentreApril 23, 2024
The Impact of Diabetes on Kidney Health: Diabetic Nephropathy ExplainedApril 23, 2024
Toddler Hospitalized After Consuming Expired Chocolates: Health Concerns RaisedApril 23, 2024
After months of diagnostic delay, a migrant worker could access TB services only when a community health worker met himApril 22, 2024