Homage, a Singapore-based caregiving and telehealth firm, has taken a significant step in its international enlargement plan. The startup introduced right now that it has obtained strategic funding from Infocom, the Japanese data and communications expertise firm that runs one of many largest healthcare IT companies within the nation. Infocom’s options are utilized by greater than 13,000 healthcare services in Japan.
During an interview with TechCrunch that can air as a part of Disrupt tomorrow, Homage co-founder and chief govt Gillian Tee mentioned “Japan has one of the crucial ageing populations on this planet, and the issue is that we have to begin constructing infrastructure to allow individuals to have the ability to entry the type of care companies that they want.” She added that Homage and Infocom’s missions align as a result of the latter can also be constructing a platform for caregivers in Japan, in a bid to assist remedy the scarcity of carers within the nation.
Homage raised a Series B earlier this 12 months with the objective of getting into new Asian markets. The firm, which presently operates in Singapore and Malaysia, focuses on sufferers who want long-term rehabilitation or care companies, particularly aged individuals. This makes it a great match for Japan, the place a couple of in 5 of its inhabitants is presently aged 65 or over. In the following decade, that quantity is anticipated to extend to about one in three, making the necessity for caregiving companies particularly acute.
The deal features a regional partnership that can allow Homage to launch its companies into Japan, and Infocom to broaden its attain in Southeast Asia. Homage’s companies embrace a caregiver-client matching platform and a house medical service that features on-line consultations and home calls, whereas Infocom’s expertise covers a variety of verticals, together with digital healthcare, radiology, prescribed drugs, medical imaging and hospital data administration.
In a press release in regards to the strategic funding, Mototaka Kuboi, Infocom’s managing govt officer and head of its healthcare enterprise division, mentioned, “We see Homage as a super companion given the corporate’s distinctive cutting-edge expertise and market management within the long-term care section, and we goal to drive enterprise progress not solely in Homage’s core and quickly rising market in Southeast Asia, but in addition regionally.”