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S2B Scale-Up Case 2: JNPMEDI Achieves 1,865x Growthย 

๐Ÿš€ S2B Scale-up Case: JNP Medi’s 1,865x Growth 

JNP Medi, a digital clinical trial and data management service provider, achieved an astonishing 1,865x growth in just two years. This success was driven by strategic investments through Shinhan’s dedicated fund and a global market expansion strategy.

๐Ÿ“Œ JNP Medi’s Growth Achievements

โœ… Total Investment Secured: KRW 14 billion ($10M)
โœ… 2023 Revenue: KRW 1 billion ($750K)
โœ… Corporate Valuation Growth: 1,865x increase in two years

๐Ÿ“Š The valuation graph shows a steep rise, particularly in years 3–4, reaching nearly KRW 50 billion ($37M).

๐Ÿ”ฅ Two-Year Growth Program: Incubation-Driven Strategy

JNP Medi’s rapid scale-up was enabled by a two-year customized support program, focusing on incubation and strategic investments.

๐ŸŽฏ Key Support Initiatives

โœ”๏ธ Business & R&D strategy development tailored to each growth stage
โœ”๏ธ Direct & indirect investments through Shinhan’s dedicated fund
โœ”๏ธ Global expansion support via partnerships & marketing initiatives

This structured support provided the foundation for JNP Medi to scale quickly and enter global markets.

๐ŸŒ Global Expansion & Future Outlook

JNP Medi is rapidly expanding in the digital clinical trial and data management sector worldwide. Investment and marketing support through Shinhan’s dedicated fund have been key drivers of its international growth.

This case clearly demonstrates how structured support and investment strategies can drive hypergrowth for startups.

๐Ÿš€ Key Takeaways for Startup Scale-up

โœ… Develop phased growth strategies for structured business expansion
โœ… Secure stable funding by collaborating with trusted investment partners
โœ… Leverage marketing & partnerships to penetrate global markets

JNP Medi’s unprecedented growth in just two years proves that focused support and strategic investment can lead to exponential startup success. ๐Ÿš€


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