1. Startups

Smart Clinic Gets Series A Funding Of 58 Billion Rupiah

Golden Gate Ventures led the funding with the participation of PT Bundamedik Tbk, Skystar Capital, and Sequis Life

Healthtech startup Klinik Pintar announced the acquisition of series A funding of $4,15 million or around 58 billion Rupiah. Golden Gate Ventures is again involved and this time is leading the funding, plus the participation of PT Bundamedik Tbk (BMHS), Skystar Capital, and Sequis Life.

Golden Gate Ventures previously invested in Smart Clinic in a round A pre-series funding announced in November 2020, together with two other investors, namely Venturra Discovery and Kenangan Kapital which are angel funds owned by Kopi Kenangan Co-founder Edward Tirtanata.

In his official statement, Golden Gate Ventures representative Justin Hall expressed optimism about the Indonesian health industry. According to Hall, the growth potential in Indonesia is huge and Smart Clinics are taking part in this growth by building an integrated health ecosystem. "The above convinces us to support the Smart Clinic in advancing the health system through this funding support," he explained.

Meanwhile, the BMHS representative, dr. Ivan Sini added that his participation in the Smart Clinic funding signifies the company's commitment to developing an integrated health service ecosystem with Smart Clinics in Indonesia. "This synergy can be started from the referral system, laboratory, and supply chain leaders," he said.

For information, Smart Clinic under the auspices PT Medigo Health Technology (Medigo) offer solutions through a profit sharing system with clinic owners. This collaboration is in the form of providing technology solutions to digitize business processes and services, standardization, and investment that can help clinic owners develop their businesses and improve their business. value based care.

In order to realize this integrated health ecosystem, Smart Clinic continues to develop the Clinic OS (Operating System) digital platform that digitizes operations and empowers clinics through digital. This digitization includes services end-to-end in a manner online and offline, standardization of comprehensive SOPs, management of inventory and managerial, and connecting between clinics in the network and other supporting partners digitally.

Service development plan in 2022

DailySocial.id had the opportunity to interview Medigo Co-founder & CEO Harya Bimo regarding future business plans with this new funding. On this occasion, the man who is familiarly called Bimo emphasized that now Medigo will use the name Klinik Pintar as the Branding service going forward.

In accordance with its mission to become a provider supply chain leaders clinics in Indonesia, this new funding will be used to expand the Smart Clinic network and services. Currently, Smart Clinic already has 120 clinics available in 60 cities throughout Indonesia.

"We've already proven that framework [via model supply chain leaders clinic] this worked. Therefore, in the next two years, we want to strengthen our existing services by improving value Smart network through service interoperability," he said.

One of them is service synergy with the ecosystem owned by BMHS. To strengthen these synergies, BMHS undertakes: investment in series A . shares a total of 2339 shares issued and issued in Klinik Pintar Technologies Pte Ltd, with a direct share investment of $1,5 million or equivalent to Rp21 billion on 8 November. BMHS is part of the clinic's operational partner through the Smart Clinic digital network.

This synergy will be carried out by the Bundamedik Healthcare System, which is an integrated health service ecosystem belonging to PT Bundamedik Tbk, and consists of a network of hospitals, clinics, laboratories, to medical evacuation.

His party will implement a digital-based referral system, both to hospitals and laboratories, by utilizing the ecosystem owned by BMHS. According to Bimo, so far the referral system in Indonesia is still paper-based which is considered inefficient for patients and health workers.

Smart Clinic

With digital referrals, doctors and health workers can see the patient's previous track record. In another example, patients who are referred for laboratory tests, can collect the results at the Smart Clinic.

"We are trying empower clinic Existing. Considering that not all clinics have laboratories, we take approach with a network strategy. Well, BMHS has similar thoughts to what we are looking for. Our main synergy for address needs in areas that so far do not have access to laboratories. We will develop this network synergy with BMHS. Our target next year is to build 400 clinics," he explained.

On use case On the other hand, Smart Clinic will also improve interoperability in supply chain leaders by linking clinics and beg (principal). Thus, clinics can order various medical equipment and health products, such as pharmaceuticals, vaccines, syringes, and gloves.

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"We want go national now. Currently, supply we do it gradually in Jabodetabek. Our next target is Java and outside Java. At the very least, our target is to penetrate a new city every quarter. We also cooperate with big pharmaceutical players because our license is not a distributor," said Bimo.

In addition, his party will open new access for maternal and child services. Bimo assesses that this segment is still underserved in Indonesia, especially during the Covid-19 pandemic. Smart Clinic will provide a number of services, including homecare and Telemedicine through video call.

Finally, his party is also developing a number of health programs as a preventive measure for serious diseases (diabetes, hypertension, heart disease) through health plans. Currently, the program is only marketed to B2B consumers.

"Many internal diseases can't actually be treated via chat and one meeting only. Need approach offline and online, not only teleconsultation, but also monitoring. This is one of the challenges we see in hospitals and clinics, not in treating severe symptoms," he said.

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