In its most recent fundraising round, Visit Health, a well-known telehealth and wellness platform with its headquarters in New Delhi, successfully collected INR 250 crore (about USD 30 million). This capital infusion, which consists of primary and secondary share purchases, boosts the company’s position in the quickly expanding digital healthcare market, which is a major milestone. The current promoters, Docprime Technologies, and other partners form a consortium that provides the investment.
Visit Health has further demonstrated its dedication to its staff and increased employee ownership in the company’s growth trajectory by announcing its second Employee Stock Ownership Plan (ESOP) buyback in tandem with this funding. This action demonstrates Visit Health’s commitment to building a solid corporate culture and keeping elite personnel.
A Promising Start and Growth Trajectory
Visit Health was established in 2015 by a group of BITS Pilani alumni, comprising Anurag Prasad, Chetan Anand, Vibhav Singh, and Shashvat Tripathi. Since then, the company has gradually established itself in the digital healthcare market. The firm was founded in October 2021 and received a $7.5 million investment from Docprime. Since then, it has grown and now offers a wide range of wellness and outpatient department (OPD) services.
Corporate workers can easily manage their healthcare needs with Visit Health’s platform by utilising their cellphones. Users can communicate with medical specialists while on the go, whether they are at home, at work, or on the road, guaranteeing that high-quality care is always accessible. Due to the company’s creative strategy, it has partnered with 15 insurers, attracted 4,500 SMEs, and over 400 corporate clients.
Strategic Partnership with TatvaCare
The most recent fundraising round and Visit Health’s strategic alliance with TatvaCare, a well-known business in the health and wellness space, are happening at the same time. Through the expansion of its cashless network and improvement of its service offerings, this partnership has the potential to drive Visit Health’s growth. The collaboration is geared on improving the affordability and accessibility of healthcare services, which is consistent with Visit Health’s goal of democratising healthcare access in India.
Co-founder and managing director of Visit Health Vaibhav Singh expressed his excitement about the collaboration, saying, “We are excited to expand our cashless network and services with TatvaCare and to further our commitment to providing everyone with accessible, high-quality healthcare.
Looking Ahead
Visit Health is in a strong position to spearhead the telehealth revolution in India as it expands its operations and reach. The firm will probably reach new heights thanks to the funding infusion and strategic alliance with TatvaCare, which will allow it to continue innovating and growing its service offerings. Visit Health is poised to revolutionise the delivery and accessibility of healthcare in India, thanks to its extensive network of healthcare providers and intuitive platform.
In India, the digital healthcare scene is changing quickly, and organisations such as Visit Health are leading this change. Because of its emphasis on quality, affordability, and accessibility, Visit Health is positioned to become a major participant in the telehealth services market as demand for its services grows.
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