Company Research Report: Doctor Anywhere

Company Overview

• Name: Doctor Anywhere

• Mission: The company aims to provide accessible, personalised, inclusive, and borderless healthcare through innovative use of technology like artificial intelligence and machine learning.

• Founded: 2017

• Founder: Lim Wai Mun

• Key People:

• Lim Wai Mun - Founder, CEO, and Chairman

• Amit Kakar - Managing Partner, Novo Holdings

• Tushar Roy - Partner, Square Peg Capital

• Oliver Rippel - Co-Founder and Partner, Asia Partners

• Kerry Goh - CEO & CIO, Kamet Capital

• Jack Liang - Partner, Kamet Capital (Alternate Director to Mr Kerry Goh)

• Headquarters: Singapore

• Number of Employees: Approximately 600

• Revenue: No specific revenue figures are available, but the company experienced a growth rate of over 10,000% from 2018 to 2021.

• What is the Company Known For: Doctor Anywhere is known for being a rapid-growing health-tech company that simplifies healthcare via a telehealth app, providing services to over 2.8 million people across Southeast Asia.

Products

DA Telehealth App

• Description: A digital platform for healthcare services.

• Key Features:

• Virtual consultations with locally-licensed doctors and health professionals.

• Medication delivery services.

• Appointment scheduling for health screenings and vaccinations.

• Connection to a network of trusted healthcare providers.

DA Clinic

• Description: A network of GP clinics across Singapore.

• Key Features:

• GP consultations.

• Chronic disease management.

• Health screenings and vaccinations.

• Access to governmental programs like CHAS and Healthier SG.

DA Marketplace

• Description: An online platform offering health and wellness products.

• Key Features:

• Wide range of over 9,000 products.

• Includes vitamins, supplements, over-the-counter medication, and specialised health services.

DA Orchard MedSuites

• Description: An integrated medical center in Orchard, Singapore.

• Key Features:

• Centralised health screening and medical imaging.

• Comprehensive and tailored care services.

Asian Healthcare Specialists

• Description: A multidisciplinary healthcare group.

• Key Features:

• Provides care across multiple specialties including anaesthesia, dermatology, orthopaedics, and more.

Recent Developments

• Recent Launches:

• In collaboration with Singlife, tailored health subscriptions for self-employed and gig workers were introduced in April 22, 2024.

• Financing:

• In December 2022, the company received a US$38.8 million injection led by Novo Holdings.

• User Growth:

• The user base doubled in 2022 from 1.25 million to approximately 2.5 million.

• Employee Growth:

• Continuous hiring to support expansion, especially in technology, product development, and healthcare services.

Partnerships

• Key Collaborations:

• Worked jointly with the Ministry of Health during the pandemic for tele-ARTs.

Market Position

• Doctor Anywhere is ranked third in the list of fastest-growing companies in Singapore by The Straits Times and Statista, amidst its rapid growth driven by technological advancements and regional expansion.