UK’s Doctor Care Anywhere to dial in to ASX telehealth ranks // Motley Fool Australia

The UK-based healthtech company Doctor Care Anywhere lodged a prospectus on 30 October to undertake an initial public offering (IPO) in the Australian capital market on 4 December.

The company aims to raise $102 million with an issue price of $0.80 per share. This is upsized from the company’s original plans to raise $75 million.

Doctor Care Anywhere advises that the majority of the funds raised by the IPO will be used to support investments in marketing and engagement functions, investment in new products and building international business development capabilities.

What is Doctor Care Anywhere?

Doctor Care Anywhere is a London-based telehealth company founded by Doctor Bayu Thakar, a qualified medical doctor and a McKinsey…