Visit Health Secures INR 250 Cr to Expand Healthcare Services

The funds will be used to advance its business operations, including a new partnership with TatvaCare, a technology service provider for healthcare professionals.

Delhi-based Visit Health, an online healthcare service provider, has raised over INR 250 Cr (approximately $29.8 million) through a combination of new investments and the acquisition of stakes held by PB Fintech’s subsidiary, Docprime Technologies. 

Founded in 2016 by Vaibhav Singh, Anurag Prasad, Chetan Anand, and Shashvat Tripathi, provides online consultations with medical specialists and offers diet and wellness coaching. 

The funds will be used to advance its business operations, including a new partnership with TatvaCare, a technology service provider for healthcare professionals.

The latest funding round included investments from various sources, alongside a secondary purchase of shares from Docprime Technologies. Visit Health’s founders and ESOP buybacks also contributed to this financial boost. However, the specific details of the investors have not been disclosed.

Vaibhav Singh, cofounder and managing director of Visit Health, said, “This investment is a testament to the value and impact of our platform. With the strengthened partnership with TatvaCare, we are poised to expand our cashless network and services and enhance our commitment to delivering accessible, high-quality healthcare to everyone.”

Recent Fundings in the Healthtech Sector

This funding announcement follows several other recent developments in the healthtech sector. 

Abhay HealthTech, which provides home diagnostics and rapid testing kits, recently secured an investment from Indian actor Vindu Dara Singh, although the financial details were not revealed.

In another development, Medtech startup SigTuple raised INR 33 Cr ($4 million) in a funding round led by SIDBI Venture Capital, with participation from Endiya Partners and other strategic leaders in the healthcare sector. The funds sough to be utilized for geographical expansion, product portfolio development, and supporting regulatory clearances.

Additionally, Drucare, a healthtech startup, raised $1.2 million in a pre-Series A funding round led by SATRA Services and Solutions. This investment  sought to enhance marketing efforts and expand business operations, as well as cover additional operational expenses.