Alodokter co-founder Suci Arumsari
Indonesian telemedicine “super app” Alodokter has announced that it has secured an additional investment from MDI Ventures, a subsidiary of Telkom group, and Samsung Ventures.
The size of the investment was not disclosed.
This deal takes place nearly eight months after the Jakarta-headquartered startup raised a funding round led MDI Ventures in November 2020 as part of its US$30 million Series C extension.
The health-tech firm will use the funding to further expand and develop new products.
Started in 2014 by Nathanael Faibis and Suci Arumsari, Alodokter provides all-encompassing digital health services that include reliable health content, access to general practitioners and specialists (telemedicine), online booking of doctor’s appointments at hospitals, medicine purchase through e-pharmacy and affordable insurance packages.
Also Read: Halodoc snags US$80M Series C led by Astra to expand its telemedicine platform in Indonesia
The firm claims it has more than 30 million monthly active users and more than 43,000 certified doctors across 1,500 hospitals and clinics on its platform.
Since 2019, Alodokter has raised significant investment from investors such as Softbank Ventures, Sequis, Golden Gate Ventures, Philips, Heritas and Hera Capital.
CEO Faibis said: “…Key focus areas going forward include technology innovation, increasing the talent pool, and adding new features and functionalities…By integrating our ecosystem with additional state-owned enterprises, we expect to provide tech-enabled healthcare access to more Indonesian patients.”
Donald Wihardja, CEO MDI Ventures, said: “Alodokter has a proven track record of growing their comprehensive healthcare solution. All the innovations, from telemedicine to insurance, have been developed to cater to Indonesia’s needs for accessible and affordable healthcare services. The funding from MDI will further extend the growth of health services through the potential collaboration with several BUMN entities in Indonesia.”
“With the increasing demand for the use of health services, this follow-on funding aligns Telkom’s mission to increase innovative products within the SOE environment and continues to be committed to providing solutions to millions of people in Indonesia,” explained Director of Enterprise & Business Service Telkom Group, Edi Witjara.
Previously, Alodokter had raised seed funding in 2015 and US$2.5 million in Series A led by Golden Gate Ventures in 2016.
In April this year, Halodoc, another Indonesian telemedicine startup, raised US$80 million in a Series C funding round led by local automotive conglomerate Astra.
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Image Credit: Alodokter
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