DocsApp, a health-tech start-up founded by IIT Madras, has received $1.2 million funding from Facebook's Angel Investors Anand Rajaraman, Venky Harinarayan and Japanese Venture Capital firm Rebright Partners.
The investment round was led by Rebright Partners and Takeshi Ebihara, Founding General Partner of Rebright Partners
DocsApp plans to utilise the funding to develop and expand their scale of operations, recruit talent and continue breaking barriers through technology in the medical space thereby excelling at user experience.
The start-up was founded by IIT Madras Alumni Satish Kannan and Enbasekar Dinadayalane at the IIT Madras Research Park, in 2015, DocsApp, a health-tech start-up has grown to a team of 36 members. The app currently supports nine specialities including gynaecology, psychiatry, dermatology, paediatrics, weight management, sexology, gastroenterology, general medicine and hair & scalp care.
DocsApp is a mobile medical consultation platform, which provides consultation for patients with turnaround time of 30 minutes.
Satish Kannan, Co-Founder & CEO, DocsApp said that with close to 200 million smartphone users and with the increasing percentage of mobile network penetration into rural areas, mobile phones have become the key medium of communication across the country.
The company wants to provide primary healthcare services to people across India through its mobile application.
He estimated that upto 70 per cent of the commonest health issues people face can be managed online.
"We want to bridge the gap between patients and doctors through this platform so that people can get expert consultation on demand. We believe that this will also help us take specialised care downstream to more remote areas across the country, " he said.
Within a year, majority of DocsApp users have come from major cities like Bengaluru, Delhi-NCR, Mumbai, Chennai and Hyderabad. With over 80,000 users, more than 15,000 patients take consultation using DocsApp every month. DocsApp has a pool of 500 top notch doctors in the country who are available to connect with the patients for consultations, claims the company.
Rajaraman and Harinarayan said that the DocsApp team has created an app that combines whiz bang technology with specialist doctors to enable speedy doctor consultations and great patient outcomes. This app will revolutionise primary healthcare in India!"