PlanMyMedicalTrip raises angel funding

The firm's target is to capture 15% of India's medical tourism market, which is expected to reach $8 bn by 2020

Pune-based start up PlanMyMedicalTrip, which offers international patients access to medical care at competitive prices, has raised Rs 1.25 crore in angel funding from three investors -- Bhanu Vikram Parsotam, Rohan Desai and Paras Patel.

The online platform seeks to strengthen its presence, boost its digital experience and venture into newer geographies with the raised capital. Thailand, UAE, Brazil and Germany are some of the countries the startup expects to enter soon.

Founded by Anurav Rane in 2012, PlanMyMedicalTrip has over 1,500 tie-ups with hospitals and doctors in India and Turkey. The solutions provider's target is to capture 15 per cent of India's medical tourism market which is expected to reach $8 billion by 2020.

The platform claims to have treated over 3,000 patients since its launch in 2007 under the name of Best Medical Centers.

 

The funding, says founder and CEO Rane, will help the startup serve customers better. "It will also assist us in keeping our energies focused on our philosophy of 'Humanity is the only religion'," emphasises Rane.

With the intention of make long hospital stays bearable, the company also plans on facilitating stay of patients in exotic destinations to aid their recovery process.