Psychological well being startup Mind companions with Asia’s largest personal healthcare group
Mind, the Singapore-based psychological well being platform that now serves over three million customers in 20 international locations, is preparing for a brand new part of development after placing a strategic partnership with IHH Healthcare, Asia’s largest personal healthcare group. IHH Healthcare will work with Mind to develop and customise digital psychological well being applications for its sufferers, company shoppers and employees.
IHH Healthcare additionally made an funding into the startup, with out disclosing the quantity. IHH Healthcare is Mind’s first strategic investor. Its different backers embody Tiger World, Y Combinator and Insignia Ventures.
Based in 2019, Mind’s markets now embody Malaysia, Singapore, India and Hong Kong. Its platform presents telehealth teaching, providers like remedy or psychiatry and psychological well being screening that may be achieved on-line or in-person at an Mind clinic. It additionally has self-guided cognitive behavioral therapy-based applications. Mind has a shopper app, however focuses totally on enterprise prospects who provide its platform to their staff as a wellness profit.
Mind CEO and founder Theodoric Chew informed robotechcompany.com that the startup has been in contact with IHH Healthcare for some time due to its management place in its markets, and began exploring partnership alternatives over the past yr. One purpose is to supply a bigger continuum of care from preventative to specialised care throughout the areas that the businesses serve. Chew stated IHH Healthcare and Mind will concentrate on APAC first, however different areas, too.
To this point, IHH Healthcare’s work with Mind have included a pilot initiative with maternity sufferers at Gleneagles Hospital Singapore, and plans to supply the platform to company shoppers of IHH Singapore’s iXchange and IHH’s staff.
In a press release, IHH Healthcare group chief technique and enterprise improvement officer Ashok Pandit stated, “Psychological well being points have an effect on one in each 4 individuals. We’re happy to spend money on Mind, a market chief on this quickly rising class, to spice up their development and improve entry to hundreds of thousands extra individuals who require help, care or remedy.”