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Traditional Chinese Medicine Mobile Service Platform Hanfang Yiyang Raises Seed Funding, 7/31/17

Shanghai-based Qisu Information Technology, operator of TCM (traditional Chinese medicine) mobile service platform Hanfang Yiyang, has completed RMB 2 mln in seed funding.

Hanfang Yiyang founder Jiang Meng said that the platform allows users to complete a TCM-oriented questionnaire to analyze any existing health problems for holistic solutions. The platform also contains articles on health, especially addressing common ailments such as high blood pressure and liver disease.

Hanfang Yiyang also has a mobile online shop with links to TCM supplements, massage services, and commercial health insurance. Hanfang Yiyang uses third-party inspectors to re-verify the quality of all health foods sold on the platform. To further ensure food safety, the company has developed a tracking system using QR codes and smart chips.

Hanfang Yiyang, founded in August 2016, is currently undergoing closed beta testing through an official account on Tencent's (0700.HK) WeChat mobile messaging app. The company will likely launch an independent mobile app in September.

The platform will also pursue partnerships with medical institutions, rehabilitation hospitals, and therapy centers to form a comprehensive offline health service system, said Jiang. Qisu is considering opening its own self-operated TCM nutritional food store and/or therapy clinic next year. Qisu also hopes to develop smart therapy equipment to use in its future clinics.

Keywords: mobile healthcare Hanfang Yiyang Qisu Information angel funding Jiang Meng funding wireless


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