Bengaluru-based digital medical consultation platform DocsApp has raised $7.2 million in a Series-A funding round from Bessemer Venture Partners and Japanese firms Techmatrix Corp. and DeNa Networks.
Existing Facebook angel investors Anand Rajaraman, Venky Harinarayanan and Japanese VC Rebright partners also participated in this round.
The startup will use the funds for hiring, expanding operations, product development and an outreach to get more doctors to join DocsApp, reported Mint.
The digital medical consultation platform claims to deliver a doctor within half an hour. The company has a mobile-only platform which enables interactions with doctors for nearly 1,600 people every day.
Incubated at IIT Madras and set up by IIT-Madras alumni Satish Kannan and Enbasekar D., DocsApp claims to have solved the issue of reaching out to the untapped areas in the country through partnerships with telecom service providers. As per the company’s founder, it has tie-ups with all major telecom providers in the country.
DocsApp has over 2,000 doctors registered on the platform, in domains like dermatology, gynaecology, sexology, paediatrics, psychiatry, general medicine and weight management.
This smartphone application is a mobile-chat platform for patients to communicate with doctors across the country via conversations and call – with medical service providers, and share diagnostic documents for consultation.
Last year, the company was reported to have over 80,000 users on its platform with about 15,000 of them using its application at least once a month.
DocsApp last received $1.2 million funding led by Rebright Partners, a Japan-based VC firm in April 2016. Angel investors Venky Harinarayan and Anand Rajaraman had also participated in the round.