DocSuggest.com which claims to have 11,500 doctors and 3,500 hospitals in its database, had raised undisclosed amount of funds from Google India MD Rajan Anandan and Mumbai Angels member Taher Khorakiwala. As per reports the raised funds will be used for acquiring more customers and for making platform more efficient.
DocSuggest helps patients to book appointments with hospitals and doctors directly via web or phone. Currently Docsuggest services are present in Mumbai, NCR, Bangalore and Hyderabad and it is planning to expand to Pune, Ahmedabad, Chennai. Shantanu Jha, CEO, DocSuggest Healthcare said that the company will use a major chunk of the money to expand operations to multiple cities.
Alongwith Rajan Anandan and Taher Khorakiwala, earlier investors, Indiagames founder Vishal Gondal and Sanjay Parthasarathy, founder and CEO, Indix joined the round.
Its revenue model includes charging doctors based on the number of appointments depending on their specialisation and the city. Doctors can register online. The service is completely free for patients.
A similar US based company Practice Fusion, an electronic medical service provider, which was launched in 2005, had raised $70 million up through a Series C, and has 150,000 medical professionals onto its software, and hosts records for 60 million patients in the US. Practice Fusion claims to reach eight-digits of revenue this year and finds this segment profitable.