ru-Net, RSI Fund (owned by Recruit Holdings) and Thrive Capital also participated in this round.
Welcome to the PRSHIT driven Indian startup ecosystem – where it’s not about the PRoduct, but about PR.
For Practo, this is a stand alone feature – but imagine integrating the same with Practo Ray, the doctor management system! Unless the loop closes, expect discounts and more GMV stories! Practo last raised $90mn in August 2015 acquired InstaHealth for $12mn.
Qikwell started in 2011, Qikwell has 100+ employees and over the last 4 years has grown to become one of the leaders in hospital appointment scheduling with presence across 250 Hospitals in 19 cities. It powers the patient experience across Manipal, Fortis, Cloudnine, Narayana Hrudalaya and many more.
The acquisition will help accelerate Practo’s Partner Program that is designed to enable HIMS providers around the world to integrate with Practo’s platform to provide consumers a seamless healthcare experience no matter which hospital they visit. Insta was one of the first few partners to come onboard on this program.
Practo Search will be available both in Indonesian bahasa and English. Practo already covers the Greater Manila area and lists over 70% of all doctors in the region (over 11,000). Practo recently raised $90mn in Series C funding.
Over the past six months, Practo has grown over 6x to become one of the fastest growing healthcare platforms in the world with nearly 200,000 healthcare practitioners on it and over 10M monthly searches by consumers looking to make the right healthcare choices.
Practo has acquired Genii, a product outsourcing firm with deep domain experience building bespoke e-commerce portals, SaaS platforms across retail, media, finance and other industries for clients including Axis Bank, Mediassist, Economic Times, HDFC RED and others.
Users can search on Practo and check the quality of the lab by reading through the accreditation information, see real high quality photographs and filter results by proximity, home pickup facility as well as price. Consumers can also filter to see which labs offer a digital report.
The founders of Fitho, Dhruv and Prachi Gupta will join Practo, with Dhruv taking on the role of Product Head for Preventive and Prachi taking on the role of GM – Operations, New Segments.
The $30M series B funding is one of the largest investments into Digital Health globally.