Online doctor consultation app DocsApp has raised a seed investment of $1.2 million from Japanese venture capital firm by Rebright Partners and angel Investors Anand Rajaraman and Venky Harinarayan, who were also the early investors in Facebook.
Satish Kannan, CoFounder & CEO, DocsApp, said, “With mobile phones becoming the key medium of communication across the country, DocsApp takes advantage of this widespread network to provide high quality primary healthcare services to people across India through our mobile application. The patient doesn’t need to travel to have a medical consultation. We want to bridge the gap between patients and doctors through this platform so that people can get expert consultation on demand. We believe that this will also help us take specialised care downstream to more remote areas across the country.
Founded in 2015 by IIT Madras alumni, Satish Kannan and Enbasekar Dinadayalane, DocsApp is a mobile medical consultation platform in the country which provides quality consultation for patients with fastest turnaround time of 30 minutes. With a complete privacy feature, the app allows the patients to chat with the doctor and also share pictures and reports of the ailment with them.
The funding will be used to develop and expand their scale of operations, recruitment and upgrading the technology.
The Indian healthcare sector is around $80 billion with 4 billion transactions happening annually. However, the online market is growing faster and is estimated to grow to around $42 billion in the coming years. Within a year, DocsApp has got over 80,000 downloads and more than 15,000 patients taking consultation every month. DocsApp has a pool of 500 top notch doctors in the country.