Intellect, a Singapore-based mental health platform currently serving over 3 million users in 20 countries, has entered into a strategic partnership with Asia’s largest private healthcare group, IHH Healthcare. is preparing for a new stage of growth. IHH Healthcare collaborates with Intellect to develop and customize digital mental health programs for patients, corporate customers and staff.
IHH Healthcare also invested in the startup, but did not disclose the amount. IHH Healthcare is Intellect’s first strategic investor. Other backers include Tiger Global, Y Combinator and Insignia Ventures.
Founded in 2019, Intellect’s markets currently include Malaysia, Singapore, India and Hong Kong. Its platform offers telehealth coaching, services such as therapy and psychiatry, and mental health screenings that can be done online or in person at an Intellect clinic. There are also self-guided, cognitive-behavioral therapy-based programs. Intellect has consumer apps, but is primarily focused on enterprise customers who offer their platform as a benefit to their employees.
Ashok Pandit of IHH Healthcare and Theodoric Chew, founder of Intellect
Intellect CEO and founder Theodoric Chew told TechCrunch that the startup has been in touch with IHH Healthcare for some time due to its market leadership position and has been exploring partnership opportunities since last year. said to have started. One of his goals, he said, is to provide a greater continuum of care, from preventive to specialized care, throughout the communities served by the company. Chew said IHH Healthcare and his Intellect will initially focus on APAC, but other regions as well.
So far, IHH Healthcare’s collaboration with Intellect has included a pilot initiative for obstetric patients at Gleneagles Hospital Singapore, which will provide the platform to corporate clients of IHH Singapore’s iXchange and IHH employees.
In a statement, IHH Healthcare Group Chief Strategy and Business Development Officer Ashok Pandit said: A market leader in this rapidly growing category, he invested in Intellect to accelerate its growth and enhance access to millions of people in need of support, care or treatment. I am happy. “
