SG Digest: HREasily raises $5m; Doctor Anywhere partners Bao Minh Insurance

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Singapore-based benefits management platform HReasily has secured a $5-million funding round while healthtech startup Doctor Anywhere has inked a strategic cooperation agreement with Vietnam’s Bao Minh Insurance.

HReasily raises $5m round led by Envy Capital

HReasily, a Singapore-based human resource and benefits management platform, has secured a $5-million financing round led by Envy Capital, a unit of Singapore fund manager Envy Asset Management, according to an announcement.

HReasily said Envy Asset Management has been its customer since the latter’s inception in 2015.

“We’re delighted that our end-user sees us not just as a digital solution but as a business partner. Their investment will certainly accelerate our development and enable us to develop features at a rate that will benefit not only them as our investors, but the greater community of users we serve,” said Pascal Henry, HReasily’s co-founder and CEO.

The company claims it has 30,000 companies on its platform from eight economies across Asia, including Singapore, Malaysia, Thailand, Hong Kong, Indonesia, the Philippines, Cambodia and Vietnam.

HReasily provides a management suite for payroll, expense claims, time and attendance and leave activities.

Doctor Anywhere inks strategic pact with Vietnam’s Bao Minh Insurance

Singapore’s healthtech company Doctor Anywhere has inked a strategic cooperation agreement with Vietnam Stock Exchange-listed  Bao Minh Insurance. The agreement will allow Doctor Anywhere to expand its footprint in Vietnam as it will tap Bao Minh’s customers throughout the country.

The digital insurance service platform will offer a one-stop hub of both online and offline healthcare services, including doctor video-consultation, medicine delivery, online health and wellness shopping marketplace, and home-based healthcare services, among others.

Doctor Anywhere founder and CEO Lim Wai Mun said, “we are thrilled to establish our footprint in Vietnam, one of the fastest-growing developing economies in Asia. Since our launch in Q2 2019, we have established our presence in the business hubs of Ho Chi Minh City and Hanoi with plans to roll out more clinics and pharmacies in key cities in the upcoming months.”