TrueDoc merges with AiHealth to make significant strides in the Vietnamese healthtech sector. — Photo Courtesy of TrueDoc
Healthcare solution provider TrueDoc on Thursday announced a merger with AiHealth, Việt Nam’s fast-growing platform offering teleconsultant services.
The new joint venture, the two companies announced, is ready to make significant strides in the Vietnamese healthtech sector, bolstered by investment from TNB Aura Scout.
TrueDoc has successfully executed two consecutive merger and fundraising deals. These unprecedented deals set a new benchmark in the health technology sector.
The integration of AiHealth, with its advanced technological capabilities and experienced development team, aligns perfectly with TrueDoc's vision, enabling the enhancement of its service platform and the overall customer experience.
Following the merger, TrueDoc has secured pre-seed funding from TNB Aura as part of their Scout Initiative, which focuses on early-stage investment opportunities in the region.
This funding will be directed towards optimising TrueDoc's technology platform, expanding service offerings, and broadening its operational network to increase user engagement. The partnership between TNB Aura Scout and TrueDoc is anticipated to yield significant advancements in the latter half of 2024.
Lê Ngọc Hải, CEO of TrueDoc, stated: "We extend our gratitude to our partners who share our vision for enhancing healthcare for the Vietnamese population. This partnership equips TrueDoc with the capabilities and resources necessary to construct a comprehensive healthcare ecosystem that prioritises quality. We remain committed to our principles of convenience and quality, continually innovating to establish a trustworthy healthcare destination for our users."
Việt Nam is a largely untapped market in the sector. In this context, TrueDoc's partnership with TNB Aura Scout is noteworthy and is expected to position the company as a leading player within the health technology landscape.
Joe Zhang from TNB Aura remarked, "We recognise the potential in Việt Nam's digital healthcare ecosystem, which remains largely underserved. Although several companies have attempted to accelerate its development with various business models, there is still a pressing need for players like TrueDoc to strengthen the TeleHealth infrastructure in Việt Nam. Given the team's experience and expertise, we are confident that they can establish strong business fundamentals, and with our research-driven approach, we can help unlock even greater potential."
Over the past five years, TrueDoc has refined its one-stop healthcare ecosystem model, delivering a comprehensive suite of services that encompass remote consultations, home-based healthcare, corporate health screenings and international patient transfers.
TNB Aura Scout is an initiative of TNB Aura, which is a dedicated investment vehicle aimed at tapping into pre-seed and seed opportunities, particularly in Việt Nam and the Philippines.
This initiative allows TNB Aura to engage with emerging companies at an earlier stage than its typical Series A investments, facilitating the growth of transformative businesses in the region. — VNS