Medibuddy Buys Online Doctor Consultation Startup Clinix
Digital healthcare platform MediBuddy on Wednesday said it has acquired Clinix, an online doctor consultation platform focused on rural India for an undisclosed amount.
Clinix has a network across 20 tier 3 & tier 4 cities, catering to the healthcare needs of the rural population. MediBuddy’s acquisition of Clinix will help them to further scale their operations and expand services to the interiors in rural India.
Clinix has set up a system of training and empowering locals by teaching them the booking procedures for online doctor consultations. In addition, they have put up kiosks in several localities which essentially functions as an e-clinic, where individuals can consult a doctor online for their primary healthcare needs with the help of the facilitator.
“Clinix has a wide presence in the rural areas and with our network and infra-tech support, we aim to further expand our reach and services and achieve our goal of covering a large section of the population, who have limited access to quality healthcare solutions,” said Satish Kannan, Co-founder, and CEO of MediBuddy.
“In India, the doctor-patient ratio is very skewed and when you compare it to rural India it becomes even lesser. MediBuddy’s advanced technology and extensive network will go a long way in helping us cover a wider range of population and bridge the urban-rural divide in terms of quality healthcare solutions,” said Aravind Dhulipala, Co-founder, and CEO of Clinix.
MediBuddy currently touches 30,000 customers, and plans to scale up to 1 lakh in the next 12 months. The digital healthcare platform in February had raised $125 million in Series C funding from Quadria Capital and Lightrock India, along with participation from existing investors Bessemer Venture Partners, India Life Sciences Fund III, Rebright Partners, JAFCO Asia, TEAMFund LP, FinSight Ventures, InnoVen Capital, among others.
The platform plans to use the funds raised to expand geographic and network footprint along with adding more services.
Currently has a partner network of over 90,000 doctors, 7,000 hospitals, 3000 diagnostic centers, 2,500 pharmacies and a team of 1,800-members.
Clinix has a network across 20 tier 3 & tier 4 cities, catering to the healthcare needs of the rural population. MediBuddy’s acquisition of Clinix will help them to further scale their operations and expand services to the interiors in rural India.
The company reported a net loss of Rs 369.8 crore in the fiscal year 2020- 2021 against Rs 146.3 crore in the previous financial year
Clinix has set up a system of training and empowering locals by teaching them the booking procedures for online doctor consultations. In addition, they have put up kiosks in several localities which essentially functions as an e-clinic, where individuals can consult a doctor online for their primary healthcare needs with the help of the facilitator.
“Clinix has a wide presence in the rural areas and with our network and infra-tech support, we aim to further expand our reach and services and achieve our goal of covering a large section of the population, who have limited access to quality healthcare solutions,” said Satish Kannan, Co-founder, and CEO of MediBuddy.
“In India, the doctor-patient ratio is very skewed and when you compare it to rural India it becomes even lesser. MediBuddy’s advanced technology and extensive network will go a long way in helping us cover a wider range of population and bridge the urban-rural divide in terms of quality healthcare solutions,” said Aravind Dhulipala, Co-founder, and CEO of Clinix.
MediBuddy currently touches 30,000 customers, and plans to scale up to 1 lakh in the next 12 months. The digital healthcare platform in February had raised $125 million in Series C funding from Quadria Capital and Lightrock India, along with participation from existing investors Bessemer Venture Partners, India Life Sciences Fund III, Rebright Partners, JAFCO Asia, TEAMFund LP, FinSight Ventures, InnoVen Capital, among others.
The platform plans to use the funds raised to expand geographic and network footprint along with adding more services.
Currently has a partner network of over 90,000 doctors, 7,000 hospitals, 3000 diagnostic centers, 2,500 pharmacies and a team of 1,800-members.
