FacebookĄ¯s Investors Fund IIT Alumni Startup DocsApp, An Online Doctor Consultation Platform
Online doctor consultation platform DocsApp has announced a seed investment of $1.2 million in funding by Facebook's Angel Investors Anand Rajaraman-Venky Harinarayan and Japanese Venture Capital firm Rebright Partners.
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Founded in 2015 by IIT Madras Alumni, DocsApp provides consultation for patients and claims a turnaround time of 30 minutes. Patients can chat with the doctor and also share pictures and reports of the ailment with the doctors privately.
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DocsApp aims 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.
"It's estimated that up to 70% of the commonest health issues people face can be managed online. The patient doesn't need to travel to have a medical consultation. We want to bridge the gap between patients and doctors through this platform," said Satish Kannan, co-founder and CEO, DocsApp.
Commenting on the $1.2 million investment in DocsApp, Facebook's early investors Anand Rajaraman and Venky Harinarayan said, "The DocsApp team has created an amazing app that combines whiz bang technology with specialist doctors to enable speedy doctor consultations and great patient outcomes. This app will revolutionize primary healthcare in India."
The platform was founded by Satish Kannan and Enbasekar Dinadayalane at the IIT Madras Research Park in 2015. The health-tech start-up has grown to a team of 36 members from leading colleges such as IIT, BITS and CMC Vellore. The app currently supports 9 specialities: Gynaecology, Psychiatry, Dermatology, Paediatrics, Weight Management, Sexology, Gastroenterology, General Medicine and Hair & Scalp care.
