Online doctor aconsultation startup DocsApp merged with a cashless digital healthcare platform MediBuddy and riased $20 million in Series B led by Bessemer Venture, Fusian Capital, Mitsui Sumitomo & Beyond Next Ventures, where Existing investors Milliways & Rebright Partners also participated.
“The joint entity will utilize the fresh capital to further strengthen its doctor base, patient reach, and develop its product to provide high-quality healthcare to a billion people,” said Satish Kannan, CEO & co-founder of DocsApp via a tweet.
A recent media report said DocsApp seen an overall increase of 64% in consultations related to mental health since the onset of the pandemic, it already has over 5000 specialized doctors registered on its platform
While DocsApp founders Satish Kannan and Enbasekar Dinadayalane would be leading the charge of the merged entity as CEO and CTO
A recent media report said DocsApp has seen an overall increase of 64% in consultations related to mental health since the onset of the pandemic.
DocsApp has over 5000 specialized doctors registered on its platform in domains including dermatology, sexology, psychiatry, and pediatrics.
MediBuddy offers a one-stop health benefits management platform and provides insurance benefits, enrollment of beneficiaries, and preventive care services offered by a curated network of health partners.