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 section of development after hanging a strategic partnership with IHH Healthcare, Asia’s largest non-public healthcare group. IHH Healthcare will work with Mind to develop and customise digital psychological well being packages for its sufferers, company shoppers and workers.
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 embrace Tiger International, Y Combinator and Insignia Ventures.
Based in 2019, Mind’s markets now embrace Malaysia, Singapore, India and Hong Kong. Its platform affords telehealth teaching, companies like remedy or psychiatry and psychological well being screening that may be completed on-line or in-person at an Mind clinic. It additionally has self-guided cognitive behavioral therapy-based packages. Mind has a client app, however focuses totally on enterprise prospects who supply its platform to their staff as a wellness profit.
IHH Healthcare’s Ashok Pandit with Mind founder Theodoric Chew
Mind CEO and founder Theodoric Chew instructed TechCrunch 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 during the last yr. One aim 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 deal with APAC first, however different areas, too.
Thus far, 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 an announcement, IHH Healthcare group chief technique and enterprise growth officer Ashok Pandit stated, “Psychological well being points have an effect on one in each 4 individuals. We’re happy to put money into 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 assist, care or therapy.”
