HelpingDoc, a gateway for healthcare providers to connect to their patients, has raised capital of Rs 10 crores in Series A funding from Senior Marketing Systems (SMS), Singapore. The infused funds will be used for strengthening the field force and enhancing the technology back-end of the company.
The fresh capital will be suitably allocated to expand the services of HelpingDoc. The company plans to grow beyond the Delhi-NCR area into other major cities of the country like Mumbai, Bengaluru, Kolkata and Chennai over the next 18-24 months. It also aims to scale up by four to five times and enroll over 20,000 doctors in the next two years.
Amit Bansal, Founder and CEO, HelpingDoc said, “We are excited to have SMS, Singapore on board as they understand the industry very well. The investment is not just financial but also strategic in nature since it will allow us to leverage the SMS expertise in this field, and potentially leverage synergies amongst other SMS investments across Asia. The funds will help us to scale up faster and also facilitate us in strengthening the internal operations, processes and systems.”
Jo Hatakeyama, Director SMS, Singapore, commented on the investment saying, “We have been looking to invest in India, and have found HelpingDoc to be well-positioned for growth in this market. The online healthcare industry in India is still in a nascent stage, and has the potential to grow rapidly over the next three to five years. The team at HelpingDoc has a strong vision and is likely to develop the platform into a key player in this nascent industry.”
EH News Bureau
