Indian well being tech startup MediBuddy acquires telehealth platform Clinix

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Well being tech startup MediBuddy has acquired Clinix, a telehealth platform centered on offering on-line well being companies in rural India, for an undisclosed sum.

Based in 2020, Clinix has an Android cell app for reserving on-line physician consultations. Its community covers 20 tier 3 and 4 cities the place it has additionally arrange kiosks that help sufferers in accessing on-line consultations.

WHAT IT’S FOR

In response to a media launch, MediBuddy’s acquisition of Clinix will assist it to scale its operations additional and increase its protection in underserved areas of India.

Clinix’s community provides to MediBuddy’s present community of over 90,000 docs, 7,000 hospitals, 3,000 diagnostic centres, and a couple of,500 pharmacies. Its built-in well being ecosystem gives laboratory check reserving, on-line physician consultations, and medication supply. Furthermore, its companies are delivered in 16 Indian languages to allow seamless entry for sufferers in lower-tier cities.

WHY IT MATTERS

India is coping with a scarcity of medical professionals as demonstrated by a below-average doctor-population ratio of 1:1,456 (as in comparison with the World Well being Group normal of 1:1,000). It has even a decrease ratio in rural areas given a skewed distribution of docs working in city and rural areas.

“MediBuddy’s superior expertise and in depth community will go a great distance in serving to us cowl a wider vary of inhabitants and bridge the urban-rural divide when it comes to high quality healthcare options,” stated Clinix CEO and co-founder Aravind Dhulipala.

MARKET SNAPSHOT

This acquisition follows a Sequence C funding spherical in February the place MediBuddy raised $125 million to construct out its information science capabilities and fund its scientific analysis. 

Fellow Indian well being tech firm, Pristyn Care, additionally made a latest acquisition. In June, it purchased the cell well being platform Lybrate as a part of its growth into major care. Since 2018, Pristyn Care has been offering secondary care surgical procedures through its community of in-house speciality surgeons and hospitals in additional than 40 cities in India.

ON THE RECORD

“Clinix has a large presence within the rural areas and with our community and infra-tech help, we intention to additional increase our attain and companies and obtain our aim of masking a big part of the inhabitants, who’ve restricted entry to high quality healthcare options,” MediBuddy CEO and co-founder Satish Kannan commented.



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