ANSWER: Quikwell
Explanation:
Healthcare start up Practo has acquired Quikwell, a company facilitating appointment scheduling at hospitals. Buyout makes Practo largest world appointment booking platform with close to 40 million appointments each year. The sum for which the acquisition has been made has not been disclosed. This is the fourth acquisition for Practo in 5 months as it bought Fitho (digital fitness solution) in April, followed by Genii in July and Insta Health earlier this month.Quikwell helps to synchronise patients and doctors to reduce average waiting time in hospitals by as much as 3 times. Launched in 2011 by Krishna Prasad Chitrapura and Raghavendra Prasad TS, Qikwell today has over 100 employees and appointment scheduling for 250 hospitals in as many as 19 cities. Qikwell will be led by the founders. It has clients like Manipal, Fortis, Cloudnine, Narayana Hrudalaya and over 6,000 doctors including pediatricians, gynaecologists and neurologists on its platform.India, the Philippines and Singapore are areas where Practo has offices. Bengaluru-based Practo has a team of 1,500 employees.
