QSTP-Backed Droobi Health Merges with India’s Smit.fit
Droobi and Smit.fit have already reached around 40,000 users since their inception.
Droobi Health, a frontrunner in digital diabetes solutions in the Middle East hailing from Qatar, and India's prominent player in the digital health landscape, Smit.fit, have been merged to give rise to DroobiSmit, headquartered in Singapore.[1]
This strategic union propels DroobiSmit to the forefront of digital diabetes solutions, encompassing the GCC and South Asia regions.
The merger is backed by key investors, including Qatar Science & Technology Park (QSTP), Qatar Development Bank (QDB), and Singapore’s M Venture Partners (MVP).
DroobiSmit will revolutionize the lives of those grappling with chronic diseases.
Leveraging digital health services, the company aims to improve health outcomes, manage chronic conditions, and alleviate healthcare costs.
Their comprehensive offerings target prediabetes, diabetes, and hypertension, employing modern technology, personalized coaching, and data-driven insights.
Droobi and Smit. fit have already reached around 40,000 users since their inception.
With a substantial investment backing of approximately $5 million to date, DroobiSmit has secured support from notable entities, including QSTP, QDB, Barzan Holding, Doha Tech Angels, MVP, and a syndicate of nearly 20 esteemed angel investors.
Founded by Abdulla Al-Misnad, Droobi Health has been a trailblazer in the Qatari innovation ecosystem.
Smit.fit is led by Sujit Chakrabarty, formerly a Partner and Leader of McKinsey's Digital and Technology Practice in India.
Chakrabarty assumes the leadership role in the newly formed entity, with Hessa Al Jaber, former Minister of Telecommunications in Qatar, serving as a valuable member of the company’s Board.
DroobiSmit, poised for global expansion and healthcare innovation, marks a significant milestone with the establishment of a new office in Saudi Arabia.