Singapore digital health care group plans to raise $25m

WhiteCoat to expand doctor consultation services to Malaysia and Thailand

WhiteCoat has already rolled out services in Indonesia and Vietnam offering digital consultations with local doctors and second-opinion consultations with Singapore doctors. (Source image from WhiteCoat website)

AMALA BALAKRISHNER, DealStreetAsia

February 3, 2023 18:17 JST

SINGAPORE -- Singapore-headquartered digital health care group WhiteCoat Holdings wants to raise $25 million in a Series B funding round to expand to Indonesia, Vietnam, and Malaysia, according to media reports.

The company's revenue had grown over 12 successive quarters and it was now aiming to double this year's from the level in 2022, "with higher contributions from the new regional markets," WhiteCoat Holdings founder and Chief Executive Bryan Koh said at the launch of its 8,000 sq. feet regional corporate headquarters in Singapore on Wednesday.