Intellect, a Singapore-based mental health platform with over three million users in 20 countries, is gearing up for a new phase of expansion after forming a strategic partnership with IHH Healthcare, Asia’s largest private healthcare group. IHH Healthcare will work with Intellect to develop and customize digital mental health programs for its patients, corporate clients, and staff.
IHH Healthcare also made an investment in the startup, without disclosing the amount. Intellect’s first strategic investor is IHH Healthcare. Tiger Global, Y Combinator, and Insignia Ventures are among its other backers.
Intellect is a Singapore-based mental health platform that provides online counseling and therapy services to individuals seeking support for mental health concerns. Founded in 2019, Intellect’s markets now include Malaysia, Singapore, India, and Hong Kong. The platform connects users with licensed mental health professionals who specialize in various areas of mental health, such as depression, anxiety, stress, and relationships.
Also, see: OpenAI has released GPT-4, a multimodal AI that it calls state-of-the-art
Intellect offers a range of counseling and therapy services, including individual therapy, couples therapy, and family therapy. Users can access these services via video, voice, or text chat, providing flexibility and convenience.
The platform also offers a range of self-help resources, including articles, videos, and exercises designed to help users manage their mental health and build resilience. Additionally, Intellect offers a symptom checker tool that helps users identify potential mental health concerns and provides guidance on seeking appropriate treatment.
Overall, Intellect aims to make mental health support more accessible and affordable to individuals in Singapore and beyond, using technology to connect users with qualified mental health professionals and resources.
Intellect CEO and founder Theodoric Chew confirmed that the company has been in contact with IHH Healthcare for a while because of its market leadership and that they began exploring partnership opportunities over the last year. One goal is to provide a broader continuum of care, from preventative to specialized care, across the regions served by the companies. Chew said IHH Healthcare and Intellect will focus on APAC first, but other regions, too.
IHH Healthcare’s collaboration with Intellect has so far included a pilot program with maternity patients at Gleneagles Hospital Singapore, as well as plans to make the platform available to corporate clients of IHH Singapore’s iXchange and IHH employees.
In a statement, IHH Healthcare group chief strategy and business development officer Ashok Pandit said, “Mental health issues affect one in every four persons. We are pleased to invest in Intellect, a market leader in this rapidly growing category, to boost their growth and enhance access to millions more people who require support, care, or treatment.”
