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April 2, 2019

Healthtech company Jio Health raises US$5M Series A funding from Monk’s Hill Ventures

Vietnam-grown healthtech startup Jio Health announced yesterday that it has raised a US$5 million Series A round of funding led by led by Monk’s Hill Ventures.

With the new funding, Jio Health is looking to scale its care provider team and clinical operations across Vietnam.

“We look forward to working with Monk’s Hill’s team as we scale our operations and capabilities to meet the growing need for quality, affordable healthcare in the region,” said Raghu Rai, co-founder, and CEO of Jio Health.

Kuo-Yi Lim, the Managing Partner at Monk’s Hill Ventures, will also be joining the board of Jio Health.

Jio Health offers full-stack technology-driven healthcare that is combined with clinical services. It provides consumers with the ecosystem of care benefits such as home doctor visits, nursing services, pharmacy delivery, lab collection, telemedicine, and digital medical records.

Jio Health champions affordability and accessibility in the whole spectrum of healthcare, letting customers have ab on-demand healthcare access.

Covered healthcare includes pediatrics, primary care, chronic disease management, and ancillary care services. It uses proprietary systems and technologies to scale and optimise care delivery in a vertically integrated polyclinic, lab, and pharmacy.

Jio Health was founded in 2014 by Raghu Rai and serial entrepreneur Ken Rohl, with offices in Irvine, CA as Rai is University of California, Irvine (UCI) alum, and in Ho Chi Minh City, Vietnam.

Source

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