Klinik Pintar Gets Series A Funding Of 58 Billion Rupiah
Healthtech startup Klinik Pintar announced the acquisition of series A funding of $4.15 million or around 58 billion Rupiah. Golden Gate Ventures is again involved and this time is leading the funding, plus the participation of Bundamedik Healthcare System (BMHS), Skystar Ventures, and Sequis Life.
Golden Gate Ventures previously invested in Klinik Pintar in a pre-series A funding round announced in November 2020, along with two other investors, namely Venturra Discovery and Kenangan Kapital, an angel fund owned by Kopi Kenangan Co-founder Edward Tirtanata.
In his official statement, Golden Gate Ventures representative Justin Hall expressed optimism about the Indonesian health industry. According to Hall, the growth potential in Indonesia is huge and Klinik Pintar are taking part in this growth by building an integrated health ecosystem.
“The above convince us to support the Klinik Pintar in advancing the health system through this funding support,” he explained.
Meanwhile, the BMHS representative, dr. Ivan Sini added that his participation in the KlinikPintar funding signifies the company’s commitment to developing an integrated health service ecosystem with Klinik Pintar in Indonesia. “This synergy can be started from the referral system, laboratory, and supply chain,” he said.
For information, the Klinik Pintar under the auspices of PT Medigo Teknologi Kesehatan(Medigo) offers a solution through a profit-sharing system with the clinic owner.
This collaboration is in the form of providing technology solutions to digitize business processes and services, standardization, and investment that can help clinic owners develop their businesses and increase value-based care.
In order to realize this integrated health ecosystem, Klinik Pintar continues to develop the Clinic OS (Operating System) digital platform that digitizes operations and empowers clinics through digital.
This digitalization includes online and offline end-to-end services, comprehensive standardization of SOPs, inventory and managerial management, and digitally connecting between clinics in the network and other supporting partners.
Service Development Plan In 2022
Medigo Co-founder & CEO Harya Bimo revealed his future business plans with this new funding. On this occasion, the man who is familiarly called Bimo emphasized that now Medigo will use the name Klinik Pintar as the branding of its services in the future.
In line with its mission to become a clinic supply chain provider in Indonesia, this new funding will be used to expand the Klinik Pintar network and services. Currently, KlinikPintar already has 120 clinics available in 60 cities throughout Indonesia.
“We have proven that the framework [through the clinical supply chain model] is successful. Therefore, in the next two years, we want to strengthen existing services by increasing the value of the Smart network through service interoperability,” he said.
One of them is service synergy with the ecosystem owned by BMHS. To strengthen this synergy, BMHS has invested in series A shares totaling 2339 shares which were issued and issued in Klinik Pintar Technologies Pte Ltd, with a direct share investment of $1.5 million or equivalent to Rp21 billion on 8 November.
BMHS Is Part Of The Clinic’s Operational Partner Through The Klinik Pintar Digital Network
For your information, the Bundamedik Healthcare System is an integrated health service ecosystem belonging to PT Bundamedik Tbk (IDX: BMHS) which consists of a network of hospitals, clinics, laboratories, and medical evacuations.
His party will implement a digital-based referral system, both to hospitals and laboratories, by utilizing the ecosystem owned by BMHS. According to Bimo, so far the referral system in Indonesia is still paper-based which is considered inefficient for patients and health workers.
With digital referrals, doctors and health workers can see the patient’s previous track record. In another example, a patient who is referred for laboratory tests can collect the results at the Klinik Pintar.
In another use case, Klinik Pintar will also improve interoperability in the supply chain by connecting clinics and suppliers (principals). Thus, clinics can order various medical equipment and health products, such as pharmaceuticals, vaccines, syringes, and gloves.