In today’s briefing:
- Seedly Co-Founders’ AI-Powered Healthtech Startup Raises $1.3m
- BetterPlace Acquires Malaysian On-Demand Frontline Workers Firm Troopers
- Indonesian E-Medical Records Startup Zi.Care Attracts US$2M Funding
- Vietnamese Online Coding School MindX Nets US$15M Series B Financing
- Fit Hub Banks $6.5m to Make Exercise More Affordable
- SBK Tech Ventures Leads Bangladeshi Transport Startup’s Series A
Seedly Co-Founders’ AI-Powered Healthtech Startup Raises $1.3m
- Singapore’s Mito Health is one of the growing number of healthtech startups jumping on the AI bandwagon.
- It’s the new venture of Kenneth Lou and Tee-Ming Chew, who co-founded and exited personal finance firm Seedly in 2022.
- Using diagnostic results and wearable data, Mito Health plans to create personalized health plans for customers by augmenting medical expertise with AI.
BetterPlace Acquires Malaysian On-Demand Frontline Workers Firm Troopers
- BetterPlace, SaaS-based frontline workforce management platform in India, has announced the acquisition of Malaysia-based Troopers, a provider of on-demand, pre-screened, part-time frontline workers to enterprises.
- The transaction details remain undisclosed.
- The deal will allow BetterPlace to accelerate its presence and establish a stronger foothold in Southeast Asia. It will integrate Troopers’s automated gig matching and rostering features into BetterPlace’s SaaS platform.
Indonesian E-Medical Records Startup Zi.Care Attracts US$2M Funding
- Singapore-based early-stage VC firm Oriza Greenwillow Technology Fund has committed to investing US$2 million in Indonesian startup Zi.Care, which digitises medical records for hospitals.
- The Jakarta-headquartered electronic medical records (EMR) startup is eyeing a total of US$3 million in this Series A round. Several other regional VCs will also be invited to participate.
- The startup will use funds to strengthen its focus on increasing digitalisation in the health sector.
Vietnamese Online Coding School MindX Nets US$15M Series B Financing
- MindX, an online coding school in Vietnam, has secured US$15M a Series B financing round, led by Kaizenvest.
- Aksorn, Mynavi Corporation, and Wavemaker Partners also joined the round.
- The edutech startup will use the money to grow its platform, expand its reach into smaller cities and rural areas, as well as to create more educational content.
Fit Hub Banks $6.5m to Make Exercise More Affordable
- Living a healthy lifestyle can be burdensome and expensive. Indonesian startup Fit Hub is on a mission to democratize health for middle- and low-income households in Indonesia by offering affordable gym memberships.
- In Indonesia, the average membership costs US$50 per month, while the startup charges US$17.
- Since being founded in 2020, Fit Hub has opened up 60 offline clubs across 14 cities in Indonesia. It plans to open 100 clubs by the end of the year.
SBK Tech Ventures Leads Bangladeshi Transport Startup’s Series A
- Bangladesh’s mass transit system relies heavily on buses, but commuters often face challenges such as overcrowded vehicles, inconsistent fares, and premium charges.
- Jatri seeks to address these issues by digitalizing and modernizing the country’s public transportation industry.
- With the help of technology, the company provides bus operators and owners with a single dashboard that syncs with all vehicles in the network. It also digitalizes information, streamlines processes, and improves resource allocation.
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