MediAngels raises $1M from Ventureast

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Online medical advice platform MediAngels.com has raised $1 million in finding from Ventureast Tenet Fund and Government of India’s Technology Development Board, reports Techcircle. MediAngels had previously received seed funding of Rs 2.4 crore from HDFC Holdings. The company said that the funds will be used to expand the sales team, as they are looking to get more insurers and corporate clients onboard, and to provide voice-based consultation in the future. It’s worth noting that MediAngels already provides video consultation.

 

The Mumbai-based startup was founded by Dr Debraj Shome and Dr Arbinder Singal in 2011. It enables patients to get in touch with and consult medical specialists from around the world. Patients need to fill up a form detailing their medical history. The site also allows patients to upload details of past medical consultations, including prescriptions, reports, CT scans, etc. up to a maximum of 15 MB as attachments. They have the option to buy more space if they want to attach more documents. However, patients don’t have the option to select the doctor they would like to consult; they can only select the specialty. MediAngels assigns a doctor to each patient based on availability. The company claims that patients will receive a reply within 3 days.

MediAngles also provides diagnostic tests and annual health check-up services. The startup claims to that it’ll soon tie-up with partners to enable delivery of e-prescriptions directly to a pharmacy of the patient’s choice. In case the doctor and patient are in the same country a traditional prescription might be generated and faxed as well. Read more about the service here.

MediAngles charges Rs 250 per query and between Rs 1800 and Rs 9000 for video consultation. It claims to have over 300 medical experts from more than 85 specialties sub-specialties onboard and partnerships with 21,000 diagnostic centres across India.

Recent investments in the online healthcare segment

– Doctor directory and clinic management system Lybrate had raised $1.225 million investment, in August this year. The service allows patients to search for doctors based on specialty and location. Last month, the company launched two Android healthcare apps.

– Online doctor appointment service HelpingDoc had raised Rs 10 crore in a Series A funding round from Singapore-based Senior Marketing Systems (SMS), also in August this year.

– Healthcare startup eVaidya had raised Rs 3.5 crore from existing investors in February this year. In addition to doctor bookings, the website also offers paid plans for health record storage and phone, video conferencing, chat and mobile consultation.

 

MediAngels raises $1M from Ventureast, Technology newsTechnical, Technology, Technology Trends
MediAngels raises $1M from Ventureast