Indonesia’s Medtech company Alodokter closes USD7 mn series B
06-Nov-17, Deal Street Asia
Golden Gate Ventures-backed Indonesian digital health startup Alodokter.com is learnt to have raised around USD7 million in a Series B round. Japan’s SoftBank Group Corp was among the investors that participated in the round.
Image: Alodokter
In 2016, Alodokter had closed its USD2.5 million Series A round led by Golden Gate Ventures, with participation from return backers 500 Startups and Singaporean entrepreneur Lim Dershing.
Alodokter had then said it would use the proceeds to expand its business operations across Southeast Asia. It currently generates revenues from advertisements.