- Medtech app oDoc – score US$1 million seed funding
- This is the largest seed investment round for any startup in Sri Lanka.
The island nation south of India with its gorgeous beaches,
rainforests, and ancient Buddhist ruins just saw one of its startups – medtech
app oDoc – score US$1 million seed funding.
This is the largest seed investment round for any startup in
Sri Lanka. The country’s startup ecosystem is still very young with over 50
percent of its entrepreneurs using their personal savings to fund their
companies. The seed funding round for oDoc comes at an opportune time as the
island’s mass market is embracing tech through new ride-hailing options.
ODoc isn’t going after the mass market though – at least not
yet. The app connects patients with doctors for video consultation. Say you
wake up in the morning with a nasty rash and fever.
Three taps on your
smartphone and you can submit your pre-consultation notes, take a picture of
your rash, and get a doctor to review those. A doctor will call you and send
his prescription with the doctor’s seal and signature right to your phone. All
done in 10 minutes.
Many startups around the world have been at it but oDoc’s
four founders – with their diverse backgrounds – approached it more from a
design perspective than as a tech problem to solve.
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