Tribute, a Singapore-based caregiving and telehealth business, has actually taken a major action in its international expansion plan. The startup announced today that it has received strategic financial investment from Infocom, the Japanese information and communications technology business that runs one of the largest health care IT organizations in the country. Infocom’s solutions are utilized by more than 13,000 healthcare facilities in Japan. Throughout an interview with TechCrunch that will air as part of Disrupt tomorrow, Tribute co-founder and chief executive Gillian Tee said”Japan has among the most aging populations on the planet, and the issue is that we need to start constructing infrastructure to allow individuals
to be able to access the kind of care services that they require.”She added that Homage and Infocom’s objectives align because the latter is also constructinga platform for caregivers in Japan, in a bid to help solve the shortage of carers in the nation. Tribute raised a Series B earlier this year with the goal of getting in new Asian markets. The company, which currently operates in Singapore and Malaysia, focuses on patients who require long-term rehab or care services, particularly senior people. This makes it a good match for Japan, where more than one in 5 of its population is currently aged 65 or over . In the next years, that number is anticipated to increase to about one in three, making the requirement for caregiving services especially intense. The offer includes a local collaboration that will make it possible for Tribute to launch its services into Japan, and Infocom to expand its reach in Southeast Asia. Homage’s services include a caregiver-client matching platform and a house medical service that consists of online consultations and house calls, while Infocom’s technology covers a wide variety of verticals, consisting of digital health care, radiology, pharmaceuticals, medical imaging and health center details management.
In a declaration about the tactical financial investment, Mototaka Kuboi, Infocom’s managing executive officer and head of its health care business division, stated, “We see Homage as a perfect partner offered the business’s distinct cutting-edge technology and market leadership in the long-term care segment, and we intend to drive organization growth not just in Tribute’s core and rapidly growing market in Southeast Asia, but likewise regionally.”Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.
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