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Nov, 28 2018

GOQii raises undisclosed amount in Series-B round of funding from Mitsui

Both the companies, along with the investment, have also agreed for joint collaboration.

GOQii, the preventive healthcare platform, has raised an undisclosed amount in a Series-B round of funding led by Japanese conglomerate Mitsui & Co. Both the companies, along with the investment, have also agreed for joint collaboration.

With this investment, GOQii will penetrate further across India and will also mark its entry into Japan. 

Vishal Gondal, CEO of GOQii, said, "We are very excited to partner with Mitsui to drive the next phase of our growth. There are several areas of potential collaboration and our respective teams will drive an aggressive roadmap to deliver our goal of Reimagining Healthcare Globally. Our goal is to be the dominant healthcare platform for millions of users globally and empower them with a better lifestyle and healthcare solutions and be the force of good."

Koji Nagatomi, COO of the Healthcare & Service Business Unit of Mitsui, stated, "This Investment is an important step in achieving our vision of being 'Asia's #1 Healthcare Ecosystem'. GOQii's product offering is highly complementary to our portfolio of healthcare investments in India and globally and we see several areas of immediate collaboration between us and GOQii." 

"We also see a strong potential for GOQii to enter the Japanese market and are ready to help GOQii achieve its vision and ambitions. Mitsui is keen to develop new business and services in the Japanese preventive healthcare sector. Upon GOQii's entry into the Japanese market, we will seek cooperation between GOQii and our affiliated companies to realise our ambitions," Nagatomi added. 

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