[Updated] Singapore's MyDoc launches with funding from August Capital Partners
The healthcare platform will allow healthcare practitioners to manage communications with patients through its simplified serviceBy Elaine Huang 29 Aug, 2014
Having completed its first institutional investment round of an undisclosed amount led by August Capital Partners and SPRING SEEDS Capital, Singapore-based startup MyDoc has today announced the launch of its namesake healthcare communications platform.
According to an official document, MyDoc will provide patients and healthcare practitioners with a way to manage communications and document consultations via voice and video recording, text, peer-to-peer messaging, appointment scheduling and personal health diaries. Additionally, it will link patients up with “multiple provider groups, including general practitioners, specialists, hospitals and nursing homes”.
The firm was founded in 2012 by doctors Snehal Patel and Vas Metupalle. Patel said, “Healthcare providers are confounded by overly complex IT systems, which limit their capacity to give patients the best care possible.”
Metupalle added, “This is not just another startup idea that is limited to the technology elite. We passionately believe that our solution can have an impact on managing the healthcare needs of everyone, so personally reaching out to citizens is a great way to get connected.”
In line with its mission to help the average person, MyDoc has launched a drive to give free health screenings and a trial of its service to people in the city-state.
Going forward, Sameer Narula, MD, August Capital Partners, will be joining MyDoc’s Board of Directors.
The service is currently available on the web, as well as on iOS and Android devices.
e27 has reached out to MyDoc for more information. Updates to come.
In an update, Patel said that the company generates revenue by selling the product to end-users. It also derives revenue from various players in the ecosystem by connecting those sources.
“As physician founders,” he added, “we have had the benefit (or curse!) of personally identifying with the difficulties that healthcare practitioners face in managing new communication systems.” For doctors, Patel shared that the biggest benefit of using MyDoc would be “simplicity and the way it ties into” their workflow.
“We have also benefited from being able to test our product with our numerous friends and colleagues that are actively working in healthcare settings. This has helped us rapidly refine the product – and gives us a head start on understanding new pain points as they emerge,” he added.
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