Malaysian healthcare technology start-up BookDoc has announced the latest investment round led by a family member of Macau billionaire tycoon Stanley Ho, another strategic investor after Prince Qawi of the Royal Brunei Family.
“The latest undisclosed investment values BookDoc at double-digit US million, and adds to its growing list of backers who bring along with them deep cross-border business network and valuable multi-disciplinary experience from entrepreneurship, healthcare, IT, to banking and insurance,” said BookDoc in a statement on Monday.
Stanley Ho also known as Stanley Ho Hung Sun is a Hong Kong and Macanese business magnate with a business empire spanning from entertainment to tourism, shipping, real estate, banking and air transport in multiple counties.
In January 2016, BookDoc had concluded its seed round led by Prince Abdul Qawi, a member of the Brunei Royal family in just one year of being founded. The funding was used for expanding workforce, technological development and strengthening the infrastructure to support regional growth.
With reference to the recent investment, BookDoc said, “With additional funding, we will be in a stronger position to expand regionally in South East Asia, roll out more products and features targeting the B2B market, and form strategic partnerships in the region”.
It is more important to get it right than to rush into any opportunities that arise, said founder and CEO Chevy Beh on the strategic direction of BookDoc moving forward.
Since its inception in October 2015, BookDoc is present in Malaysia, Singapore, Hong Kong and Thailand. It is an online platform that operates across the healthcare continuum connecting patients to healthcare professionals anytime and anywhere, while incentivising all to stay active.
The company is backed by a diverse group of investors from entrepreneurs to seasoned healthcare and insurance professionals, banker, regulators as well as ICT professionals.