1. Startups

MDI Ventures Reportedly Leads Series B Funding for Healthtech Startup mClinica

mClinica provides supply chain digitization solutions for pharmacies and patient administration management

MDI Ventures is reported to be investing in startups again healthtech from Singapore mClinica for funding of $17,4 million (approximately 248 billion Rupiah). DailySocial.id have contacted MDI Ventures regarding this matter, but no confirmation has been given until this news is published.

Based on the information obtained, MDI Ventures led the Series B round with a number of other investors, such as SAI Global, Johnson & Johnson Foundation Scotland, and the Global Innovation Fund.

MDI Ventures first participated in a series A funding for mClinica in 2017 led by Unitus Impact and the Global Innovation Fund. The potential for business integration offered by mClinica with the Telkom Group ecosystem has attracted MDI Ventures to invest.

CEO of MDI Ventures at the time, Nicko Widjaja said, Indonesia's health ecosystem has grown rapidly in recent years since the introduction of the national health system. Telkom Indonesia, through Admedika and Telkomedika, has worked very closely with the government and the healthcare industry to deliver quality healthcare services across the country.

“mClinica products and solutions must match this initiative. Together we can introduce innovative business models that enable better quality healthcare while reducing the burden on the supporting ecosystem. We are very enthusiastic to support mClinica's market expansion to Indonesia along with our innovation in managing health services in this country".

mClinica itself has stepped on the gas in Indonesia since 2014 with the legal entity PT mClinica Health Solutions. Through its platform, mClinica enables leading multinational pharmaceutical companies, governments, NGOs and academic institutions to obtain previously inaccessible data and run patient programs that directly touch the population at the local pharmacy level. In keeping with its mission to unite the world's pharmacies to transform global health data and advance patient health.

Quote from Suara.com, mClinica has an application-based solution called SwipeRx which is already present in six countries (Indonesia, Philippines, Malaysia, Thailand, Vietnam, and Cambodia) with a total user of more than 200 thousand pharmacies. This application is a community formed by mClinica for pharmacists in Southeast Asia to increase digital capacity in the pharmaceutical world with educational, research, marketplace, and information features.

More Coverage:

In the marketplaceIn addition, there is a SwipeRx Shopping feature that allows pharmacy owners to make procurement easier stock medicines more easily. Pharmacy owners can find pharmacy products quickly through easy-to-use search features, competitive prices, and faster delivery. This feature can already be enjoyed on the island of Java, including Bandung, Cimahi, Cirebon, Semarang, to Surabaya.

 

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