Myanmar’s telemedicine startup MyanCare secures US$600K led by SPARX Group
The story: Myanmar based healthtech company MyanCare has secured US$600,000 investment.
Investors: The SPARX Group (lead), Japanese tech company Scala, Japanese pharmacy dispensing chain AIN Holdings.
Plans with the money:
- It aims to boost its “market-leading position in the telemedicine industry” of Myanmar.
- It plans to further expand locally.
What does MyanCare do?: Started in 2018, MyanCare is a telemedicine company. It has two core businesses — MyanCare healthcare app and YinThway paediatric medical call centre service.
MyanCare healthcare app features online appointment with the general practitioners and specialists as well as voice, video, or chatting consultation directly with the doctors via the app. More than 200 doctors and 26 different medical specialties so far are connected with the MyanCare platform.
YinThway provides 24×7 voice consultation directly with the paediatricians via different telecom operators, handling more than 2,000 consultations weekly during COVID-19 pandemic.