Exclusive: Healthcare app Prescribez gets seed funding
ThingsMeet Solutions Pvt. Ltd, which owns soon-to-launch healthcare app Prescribez, has raised an undisclosed amount in seed funding from high net-worth individual and angel investor Ankush Mehta.
The app aggregates clinics on the platform, and also allows users to book appointments through the app. It is slated for launch this month in Pune.
"We are looking to aggregate labs and start doctor consultation through the app itself," Neeraj Joshi, co-founder and CEO, Prescribez told Techcircle.in.
The funds will be used for product development and marketing. The startup plans to start operations in Mumbai in the next six months.
"Technology, when combined with healthcare and education, is always a good bet, with even the government supporting it, and I am looking at more such investments in the future," said Mehta, whose previous investments have been in the real-estate segment.
The Pune-based startup was founded last year by Neeraj Joshi, Manish Bandil, Cherag Mehta and Jayant Kaduskar. Joshi and Bandil previously worked together at HealthVertex and Infosys Technologies. Kaduskar is an IIT Bombay alumni and has previously worked in Accenture and Mahindra Satyam. Mehta has earlier worked with Infosys and Suxes Hospitality Solutions.
The healthcare segment has seen a number of startups attracting investor interest lately.
Last week, doctor consultation app DocsApp secured seed investment of $1.2 million from investors led by Japanese venture capital firm Rebright Partners. Early Facebook investors Anand Rajaraman and Venky Harinarayan also invested in that round.
Prior to that, Careongo Technology Pvt. Ltd, which runs a chain of co-branded online pharmacies, raised an undisclosed amount in pre-Series A round of funding from Farooq Oomerbhoy of FAO Ventures and a group of other investors.
In January, JustDoc, a healthcare startup that facilitates online video consultation with doctors, raised seed funding from former Infosys director TV Mohandas Pai, InMobi co-founder Mohit Saxena and other investors. In December 2015, Doctor Insta Pvt. Ltd raised A funding of $500,000.
Other players in the online healthcare sector include Mumbai-based mHealth Ventures India Pvt. Ltd, which runs a virtual consultation platform called MeraDoctor; HealthEnablr India Pvt. Ltd, iClinic Healthcare Pvt. Ltd and Welcome Cure Pvt. Ltd.