Thai Healthcare Marketplace Company Receives Investment from US Partner to Expand in Southeast Asia

March 2025

HD, a healthcare and surgery marketplace based in Thailand, has announced the completion of a Series A-1 strategic extension round, raising its total Series A funding to USD 7.8 million. The extension includes participation from Merck Sharp & Dohme (MSD), a healthcare company based in the United States. This additional support will enable HD to expand its impact, aiming to make affordable and accessible healthcare available across Southeast Asia.

By the end of 2025, HD plans to support over 5,000 healthcare providers and reach 600,000 patients through its platforms, HDmall and Jib AI, which help healthcare providers focus on patient care. The funding marks MSD IDEA Studio Asia Pacific’s first investment in Southeast Asia, as part of MSD Global Health Innovation Fund’s commitment to supporting early-stage companies in transformative healthcare solutions.

Since its initial Series A round, HD has experienced substantial growth, developing and deploying Jib AI technology. This AI system currently manages more than 60% of HD’s chat commerce, providing 24/7 automated customer support. The technology allows healthcare professionals to focus more on patient care by handling initial triaging and care navigation.

In the coming year, Jib AI will expand its capabilities to include tasks such as order processing, scheduling, electronic health record management, and AI-enabled virtual care. HD’s platform has already facilitated healthcare access for over 400,000 patients and continues to evolve to meet the needs of healthcare providers in the digital era.

(Source: TechNode Global)

Our Services

Orissa International provides consulting services to companies that want to develop a market entry strategy for Southeast Asia or implement their business expansion into the region. We have very strong domain knowledge of markets and industry sectors, and a business network of over 15,000 distributors, resellers, and system integrators, built through advising and guiding more than 4,000 companies with their market expansion into Singapore, Malaysia, Indonesia, Thailand, Vietnam and the Philippines over the last 28 years.