Indonesia: Go-Jek, Djarum, Mensa invest undisclosed amount in HaloDoc

Three of Indonesia’s large business groups are reported to have invested an undisclosed amount in pre-series A funding for HaloDoc – the country’s first online, integrated healthcare application.

The three large domestic investors are popular ride-hailing app Go-Jek, cigarette manufacturer Djarum Group, and healthcare and logistic company Mensa Group.

According to Chief Executive Officer of MHealth Tech Jonathan Sudharta, Djarum Group has acquired HaloDoc’s equity through its unit PT Global Digital Niaga (GDN), who is also the parent company of e-commerce platform Blibli.com.

“Some of them have been involved since our first seed funding round,” Sudharta told DEALSTREETASIA, on the sidelines of HaloDoc’s launch on Thursday.

Go-Jek, backed by Singapore-based private equity firm Northstar Ventures, has strategically expanded its business line from mere transportation into lifestyle and logistics. The investment into HaloDoc is a clear sign that Go-Jek has a much bigger ambition.

Sudharta said he had approached Go-Jek founder and friend Nadiem Makarim from the very early stage, and has secured a long term commitment from the company to develop the application together.

“Nadiem has a very clear vision when it comes to tech-based services. And he strongly supports my vision in shaping the future of Indonesia’s healthcare system,” said Sudharta.

HaloDoc is a new product of Jakarta-based MHealthTech, who gave birth to LinkDokter – a digital social media platform designed for doctors – three years ago. HaloDoc was launched as a solution for users to quickly and safely access reliable healthcare services.

The application connects users to doctors and can be accessed with system and network compatible smartphones from anywhere in Indonesia. Users would have the flexibility to choose doctors according to needs, specialty and specified tariffs.

There are currently 600 doctors active in HaloDoc, availabe for consulting for about 2,000 users. Integrated within the app is ApotikAntar, a platform that connect users to certified pharmacies with personal delivery for medications.

Sudharta said that the breakthrough in technology is expected to ease and shorten time for access to healthcare. HaloDoc aims to create an ecosystem which completely focuses on health and is consumer oriented.

“Our dream is to create an ecosystem which completely focuses on health and is consumer oriented. We want an integrated health care services that places high regards to patient safety. This is a real need for the future and not only a trend,” he said.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.