About MHC Asia Group
MHC Asia Group is a company based in Singapore (Singapore) founded in 1994 by Low Lee Yong was acquired by Health Management International in May 2023.. MHC Asia Group offers products and services including Healthcare Solutions, Digital Solutions, and Clinical Services. MHC Asia Group operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Betterfly, among others.
- Headquarter Singapore, Singapore
- Founders Low Lee Yong
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Sectors
Financial ServicesTechnology Healthcare
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
EQT
& 2 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of MHC Asia Group
MHC Asia Group offers a comprehensive portfolio of products and services, including Healthcare Solutions, Digital Solutions, and Clinical Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Administers employee medical benefits and claims processing
Provides apps for virtual consultations and health tracking
Offers screenings and telemedicine for corporate wellness
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Funding Insights of MHC Asia Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2019 | Amount | Private Equity Round - MHC Asia Group | Valuation | EQT |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MHC Asia Group
MHC Asia Group has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include EQT, Health Management International and Intraco. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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EQT is recognized as a global investment organization focused on value creation.
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Founded Year | Domain | Location | |
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Integrated healthcare services are delivered via hospitals, clinics, and specialists.
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MHC Asia Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MHC Asia Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mhc Asia Group Comparisons
Competitors of MHC Asia Group
MHC Asia Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hinge Health, Practo, Accolade, Sharecare and Betterfly, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Virtual physical therapy and digital pain care solutions are provided.
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| domain | founded_year | HQ Location |
Doctor appointments are booked and healthcare professionals are consulted online.
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| domain | founded_year | HQ Location |
Employee health benefits are facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Health and wellness social network for employees is provided.
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| domain | founded_year | HQ Location |
Employee health and well-being solutions are delivered through a platform.
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| domain | founded_year | HQ Location |
Cloud-based wellness programs are offered for employee health and productivity.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mhc Asia Group
Frequently Asked Questions about MHC Asia Group
When was MHC Asia Group founded?
MHC Asia Group was founded in 1994 and raised its 1st funding round 25 years after it was founded.
Where is MHC Asia Group located?
MHC Asia Group is headquartered in Singapore, Singapore.
Who is the current CEO of MHC Asia Group?
Low Lee Yong is the current CEO of MHC Asia Group. They have also founded this company.
What does MHC Asia Group do?
MHC Asia Group was founded in 1994 in Singapore and operates in the healthcare sector, focusing on benefits administration for employees. Services provided include health improvement programs, medical claims processing, advice on healthcare cost management, and access to clinic networks. Additional offerings encompass prevention and wellness initiatives, generation of medical records reports, health screening services, and monitoring of global diseases through a live map.
Who are the top competitors of MHC Asia Group?
MHC Asia Group's top competitors include Accolade, Hinge Health and Wellhub.
What products or services does MHC Asia Group offer?
MHC Asia Group offers Healthcare Solutions, Digital Solutions, and Clinical Services.
Who are MHC Asia Group's investors?
MHC Asia Group has 3 investors. Key investors include EQT, Health Management International, and Intraco.