Thiruvananthapuram: Tech firm UST Global has made a strategic investment in Singapore-based digital health platform company MyDoc. The US-based company’s investment is aimed at expanding its digital offerings in healthcare, focusing on Asian and European markets.
The investment will fund MyDoc’s ongoing initiative to drive population-wide digital health programmes, including disease management and health data tracking.
Krishna Sudheendra, CFO, UST Global, said that the partnership with MyDoc will create significant value to the customers in their digital transformation journey.
“UST with its vast customer base and domain expertise in healthcare space will be an ideal partner to expand MyDoc’s reach to global Fortune 500 customers and governments across Asia. Besides, UST’s human-centric design, AI and Cloud capabilities would power the MyDoc platform to further expand its product offerings rapidly,” he said.
Commenting on the investment, Snehal Patel, CEO and Co-Founder of MyDoc, said, “UST Global is also a key strategic ally to help us expand our focus on Smart Nation initiatives in Singapore and replicate that success across Asia. Their technology capabilities as well as their global customer relationships will be extremely beneficial for MyDoc in our next phase of development and growth.”