Astra led the financing round which raised USD 80 million

HHP Law Firm acted as the lead counsel for PT Astra Digital Internasional, a subsidiary of PT Astra International Tbk (Astra), on its investment in Indonesia's largest healthtech platform Halodoc. Astra led this financing round - the third major funding round for Halodoc since its inception in 2016 - and raised USD 80 million, with participation from a number of investors including: Temasek, Telkomsel’s TMI, Novo Holdings, Acrew Diversify Capital Fund, Bangkok Bank, UOB Venture Management, Singtel Innov8, Blibli Group, Allianz X, Openspace Ventures, among others.

The funds raised will be used to deepen Halodoc's penetration in key healthcare verticals across Indonesia, with the aim to improve patient experiences with technology-based solutions for the country’s most pressing healthcare problems.

The HHP Law Firm team was led by partners Mita Djajadiredja and foreign legal consultant Gerrit Jan Kleute, with support from senior associate Reagen Lodeweijke Mokodompit, and associates Maduma Fajar Putri and Nadya Sagita.

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