" " Southeast Asian online pharma SwipeRx gets $10 million from Sanofi, other investors – Wellness for Life " "
Wellness for Life
Advertisement
  • Home
  • News
  • Family Wellness
  • Health and Wellbeing
  • Mental Wellness
  • Contact us
No Result
View All Result
  • Home
  • News
  • Family Wellness
  • Health and Wellbeing
  • Mental Wellness
  • Contact us
No Result
View All Result
Wellness for Life
No Result
View All Result
Home News

Southeast Asian online pharma SwipeRx gets $10 million from Sanofi, other investors

admin by admin
February 10, 2023
in News



Online pharmacy platform SwipeRx has received $10 million in additional Series B funding from marquee investors, including Sanofi’s Global Health Unit and Cercano Management. The round was also joined by its existing investors, SIG, Johnson & Johnson, and Patamar Capital.

The company, which has a network of over 250,00 pharmacy professionals and 50,000 pharmacies, initially raised $27 million in Series B funding in May last year. 

WHAT IT’S FOR

SwipeRx, which is headquartered in Singapore, will use its latest funds to invest in specialised healthcare logistics and financing, expand its platform and pharmacy network in key markets, and build up its advanced data teams. The company is also operating in Indonesia, the Philippines, Vietnam, Malaysia, Thailand and Cambodia

MARKET SNAPSHOT

Other budding Southeast Asian online pharmacies have attracted investments in recent years. In August, Indonesia-based Lifepack raised $7M in Series A funding to expand its pharmacy warehouses across the country. Medigo in Vietnam also bagged $1 million in investment in 2021 for the expansion of its service offerings, including telemedicine.

Outside the region, Truemeds from India also recently secured $22 million in Series B investment for its local expansion while Pakistan-based Dawaai received $8.5 million in investment two years ago to build its supply chain infrastructure in the country.



Source link

Previous Post

Beside, Not Behind | Jim Daly

Next Post

How Early Fears Play a Role in Future Anxiety

Next Post

How Early Fears Play a Role in Future Anxiety

Recommended

Carnegie Hall Musical Explorers Concerts Are Back! – New York Family

January 16, 2023

Tips on Buying or Renting a Home : Two Towns near NYC

February 26, 2023

Don't miss it

Health and Wellbeing

Neutrogena’s Mineral UV Tint Is Kerry Washington’s Fave

March 28, 2023
Health and Wellbeing

Classic Breakfast Strata – Fit Foodie Finds

March 27, 2023
Health and Wellbeing

Relieving Arthritis in Seniors with Sauna Bath, Lifestyle and Health

March 27, 2023
News

Effect of Mental Health During COVID-19 Pandemic

March 27, 2023
News

Q&A: Improving the patient experience without stressing providers

March 27, 2023
News

Toxic Weed Killer Found in Most Foods Sold in the US

March 27, 2023

© 2022 Wellness For Life News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • News
  • Family Wellness
  • Health and Wellbeing
  • Mental Wellness
  • Contact us

Newsletter Sign Up

Loading

No Result
View All Result
  • Home
  • News
  • Family Wellness
  • Health and Wellbeing
  • Mental Wellness
  • Contact us

© 2022 Wellness For Life News Hubb All rights reserved.