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mHealthUX™| Grab a taxi, Grab Health; Introducing the OmniApp of South East Asia

Company Name: Grab Inc (Malaysia)

Total Userbase: Grab: 180 million users in South East Asia, with GrabHealth subsidiary hailing ~1 million users)

Total Funding + Investor Roster:


Round

Year

Investor

Amount

Series A

2014

NSI Ventures

$10M

Series B

2014

NSI Ventures, Sequoia Capital, GGV Capital

$17M

Series C

2015

SoftBank

$100M

Series D

2015

SoftBank, Didi Chuxing, NSI Ventures

$250M

Series E

2016

SoftBank, Didi Chuxing, NSI Ventures

$750M

Series F

2017

SoftBank, Didi Chuxing, NSI Ventures

$2B

Series G

2018

SoftBank, Toyota, Didi Chuxing

$4.5B

Series H

2019

SoftBank, Toyota, Didi Chuxing

$1.5B

Post-IPO Equity

2021

SoftBank, Toyota, Didi Chuxing

$375M


I decided to make a comprehensive table out of their impressive funding rounds to give you an insight into the massive opportunity in the SEA region and the power of belief. Grab is a household name in the region. GrabHealth is but a stone's throw away! Breaaathe, we're about to dive in 🤿


First & foremost, What is Grab?

Grab is a super app that offers a variety of services, including ride-hailing, food delivery, and payments. The company is available in 8 countries in Southeast Asia, including Singapore, Malaysia, Indonesia, Thailand, Vietnam, the Philippines, Cambodia, and Myanmar.


What is GrabHealth?


GrabHealth is a digital health platform that provides a variety of services to patients and healthcare providers in Southeast Asia. The platform offers online doctor's consultations, pharmacy delivery, and health insurance.


GrabHealth's online doctor's consultations allow patients to see a doctor from the comfort of their own home. Patients can book appointments with doctors through the GrabHealth app or website. The consultations are conducted via video chat, and patients can ask the doctor questions about their health.

GrabHealth also offers pharmacy delivery. Patients can order prescription medications from the GrabHealth app or website, and the medications will be delivered to their home. GrabHealth also offers health insurance, which can help patients cover the cost of medical care.


The platform is available 24/7, and patients can book appointments with doctors at their convenience. GrabHealth also offers a variety of payment options, so patients can find a plan that fits their budget. Living up to the name of "all-in-one" app of S.E.A.



Challenges



GrabHealth faces a number of challenges, including:

  • Low Internet penetration: In Southeast Asia, internet penetration is still relatively low. This means that many people do not have access to the internet, which makes it difficult for them to use GrabHealth's services. There is hope in this with the 5G roll-out and quick adaptation. (More on this later...)


  • Lack of awareness: Many people in Southeast Asia are not aware of GrabHealth or its services. This means that there is a need to educate people about the platform and its benefits.


  • Competition: There are a number of other digital health platforms operating in Southeast Asia. This means that GrabHealth faces competition from other platforms, which can make it difficult to attract and retain users.



​Alodokter (Indonesia)

Halodoc (Indonesia)

DoctorOnCall (Malaysia)

​40 million active users

​20 million active users

~1 million active users

Lifebuoy HealthBuddy (Thailand)

Pulse (Singapore)

​~3 million active users

~1 million registered users


  • Regulation: The healthcare industry in Southeast Asia is heavily regulated. This means that GrabHealth needs to comply with a number of regulations, which can be a challenge.

Authornote: There are few English-based content about GrabHealth, if you speak Bahasa Malayo, please holla at me! Thanks!

GrabHealth is well positioned to dominate the digital health service industry in S.E.A ~ I recommend keeping a keen eye on it. Adios!

 

Are you the next digital health unicorn? Armor thy mind with knowledge 👇



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