HelpingDoc Raises 10 Crores Through Series A Funding From Singapore
Helping Hand: HelpingDoc Raises 10 Crores Through Series A Funding From Singapore
HelpingDoc is an online platform that connects doctors and patients. The company has raised INR 100 million in Series A funding from a Singapore based investment firm named as Senior Marketing Systems/SMS. HelpingDoc will also use the latest round for technology development and scaling operations.
HelpingDoc was founded in 2011 and it provides a gateway for healthcare providers to connect with patients. This company also offers a host of helpful services. Patients can book immediate appointments with required healthcare providers depending upon their needs and preferences.
Offices have been established in New Delhi as well as UK. HelpingDoc is also planning to expand its services to other large cities of the country such as Mumbai, Chennai, Kolkata and Bangalore over a span of the next 18 to 24 months.
An attempt will also be made to scale up operations by 4 to 5 times and over 20,0000 doctors will be enrolled over the next 2 years. SMS is a subsidiary of a company listed in Japan named SMS Co. Ltd and it provides information about infrastructure to medical, nursing and healthcare industries.
Start-ups such as Healthkart.com are backed by Intel and Sequoia Capital are gaining ascendance in the emerging healthcare online portal industry. Healthcare services sector in India is now estimated to reach $100 billion by 2015. In the past 2 years, there has been a rapid jump in the healthcare sector of the country.
HelpingDoc Pvt Ltd is an online health-care services provider and it has attained a capital of 10 crore rupees in Series A funding which will able expansion of the services to other cities. Amit Bansal who is the CEO of the company has indicated that the Delhi and NCR based country will expand to other major cities in about 2 years. Jo Hatakeyama, director of SMS, Singapore has been quoted by the media as saying “the online health-care industry in India is still in a nascent stage, and has the potential to grow rapidly over the next 3-5 years”.
Infused funds will strengthen the field force and enhance the technology back-end of the firm. The healthcare industry in India is till evolving. Given the need to supplement public healthcare infrastructure, the private online healthcare services can make a world of a difference.
Healthcare infrastructure in many countries like India and Nepal is in need of rescue. With new health threats rampant in a connected world, more funds need to be allocated for development of public healthcare infrastructure in many nation . Online healthcare services can also aid those ailing from diseases.
