Vietnam’s eDoctor nets additional funding to enhance remote healthcare consultancy service
Vietnam-based medtech startup eDoctor has secured an undisclosed funding afresh from CyberAgent Capital, Genesia Ventures, Bon Angels and Nextrans.
According to the startup, this round brings its total funding to more than US$1 million.
“We will use the investment to enhance further our remote healthcare consultancy and the capacity in connecting offline services to the users,” said Huynh Phuoc Tho, Co-founder of eDoctor.
A SharkTank startup, eDoctor makes it easy for users to remotely connect with doctors. Users can use the app for health advice, medicine and other health services.
500 startups, Indonesian billionaire invest in Silicon Valley startup Fairbanc
Fairbanc, an online payments platform for micro and small businesses, has raised an undisclosed amount of funding from 500 startups and Indonesian billionaire Michael Sampoerna.
The new capital will be utilised by the company to “make a bigger push” into the Indonesian market, which has the fourth largest unbanked population globally, with 95 million adults lacking a formal account according to World Bank.
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“500 Startups usually prides itself as a social impact investor, and with our investment in Fairbanc, we see a great opportunity to offer financial access to the unbanked and women merchants across the entire Southeast Asia region over time,” Khailee Ng, Managing Partner of 500 Startups, said in a statement.
Bengaluru fintech startup Recko raises US$6M Series A from Vertex Ventures
Recko, an enterprise fintech startup based in Bengaluru, India, has secured US$6 million in Series A funding from Vertex Ventures SEA and India. City-based Prime Venture Partners also participated in the round.
The company claims to have accepted transactions worth US$5 billion, and is currently looking to reconcile transactions worth US$10 billion by the end of 2020.
Founded in 2017 by serial entrepreneurs Saurya Prakash Sinha and Prashant Borde, Recko has partnered with various banks, NBFCs and insurance companies and is currently running pilots with them.
“Transaction reconciliation is not a new problem, but the nature and extent of this problem have changed due to rapid digitisation of transactions and massive count of B2C transactions, especially in internet companies. Over the time we have evolved to add COD, Logistics and Aggregator reconciliation to make it a complete receivables suite,” said Sinha.
Right-Hand Cybersecurity launches initiative to protect businesses from phishing during COVID-19
Singaporean cybersecurity firm Right-Hand has launched #DefendTogether campaign to support businesses from the recent spike in phishing emails due to COVID-19.
In this initiative, the startup will be offering a free cyber training module to any business in need of cyber support. The topic will cover tactics cyber attackers are currently deploying, and how it can be defended.
“Right-Hand empathises with the challenges that organisations around the world are going through right now, but unfortunately, cyber attackers do not. We are determined to play our part in supporting organisations as they are experiencing these unplanned business pivots and transitioning their employees to work remote,” said Theo Nasser, CEO of the company.
The company recently secured US$1M funding from SGInnovate, Atlas Ventures and Entrepreneur First.
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Image Credit: Recko, Fairbanc, Clint Patterson,
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