China-based healthcare services platform GuaHao, backed by internet company Tencent, has raised more than $300m from unnamed investors, China Money Network reported today.
The round reportedly valued GuaHao at $1.5bn.
Established in 2010, GuaHao operates an online platform and mobile app that enables users to make hospital appointments and payments, while hospitals can use the service to manage their patient data. The company claims to have attracted 50 million patients across 1,300 hospitals.
Tencent invested $106.5m in GuaHao in October 2014, which was reported as the largest single investment in a digital healthcare startup in the country.
F&H Ventures and Morningside Ventures have also backed GuaHao, according to its website, though details have not been disclosed.