917Ventures: Creating digital lifelines for Filipinos

MANILA, PHILIPPINES – Media OutReach – 16 June 2021 – 917Ventures‘
digital innovations have enabled consumers and businesses to thrive and triumph
in today’s challenging environment. Companies like GCash, KonsultaMD,
HealthNow, RUSH, AdSpark, and PureGo have become the new lifelines for
Filipinos during this pandemic.

 

GCash helps its
40million users securely send money, pay for goods and services online, and
empowers small businesses to thrive through cashless solutions. GCash was also
one of the channels used by the government to safely distribute financial
assistance to Filipinos through its Social Amelioration Program last year.

 

Following its
momentum in 2020, GCash continues to innovate and reinvent the Filipino way of
life through easy access to financial services through: GLife – access to
mini-apps to shop, eat and play; GInvest – participate in high yielding
investments; GInsure – life and health insurance; GSave – get the best savings
rate in the country with no minimum balance required; and GCredit – the first
digital credit model and mobile credit line in the Philippines.

 

917Ventures offers
reliable healhtech platforms such as KonsultaMD and HealthNow. Consultations
made through KonsultaMD skyrocketed by 461 percent in 2020 compared to the
previous year. HealthNow, an app that has been downloaded over 240,000 times
since August last year, offers easy access to healthcare services, which
include video consultation and medicine delivery.

 

Complementing the
door-to-door delivery of medicines is PureGo’s platform for quick and easy
grocery shopping, enabling customers easier access to home essentials.

 

For
B2B markets, AdSpark and RUSH help accelerate the digital footprint of brands
through digital advertising solutions, customer engagement, and loyalty
programs. 

 

AdSpark,
through its access to consumer intelligence, enables businesses to grow
throughout their digital transformation journey. ThoughtSparkers, AdSpark’s
flagship whitepaper powered by AdSpark Intelligence, helps drive communication
strategies by studying the Filipino psyche.

 

RUSH
offers digital innovations around customer loyalty and retention through
easy-to-use programs to help businesses grow in the digital space.

 

“We know how tough our battle against this pandemic is,
and we are all at risk, especially those who need to be physically present in
their jobs. So we continue to reinvent
lifestyle and movement through different products and services in the areas of
health, e-commerce, financial technology, and advertising technology that deliver indelible value to
consumers and businesses,” said Vince Yamat, 917Ventures Managing Director.

 

A subsidiary of Globe, 917Ventures has
helped startups maximize Globe’s ‘Unfair Advantage’ by leveraging Globe’s rich
asset base. Globe’s customer base of over 80 million, one million distribution
points, 150,000 enterprise partners and massive networks and affiliates are
what startups can tap. Being a venture builder, the company constantly looks
for new ideas to launch and accelerate to further improve Filipino lives.

 

917Ventures is also part of Globe’s 5G
Hackathon, providing mentorship to participants of the nationwide competition
welcoming students and professionals to innovate and pitch their solutions to
help various aspects of the Philippine society.

 

To know more about 917Ventures,
visit https://917ventures.com/.

#GlobeTelecom #917Ventures