docprime.com gets internal fund infusion worth $50 million from Policybazaar Group

The company wants to make the services more customer-friendly driven by transparency, trust and sustainability

docprime.com, the latest healthcare venture by EtechAces Marketing and Consulting (Policybazaar Group), announced that it has received initial internal funding of $50 million from the parent company. The Policybazaar Group also owns India’s leading insurtech brand PolicyBazaar.com and leading lending marketplace, Paisabazaar.com.

According to Yashish Dahiya, CEO and Co-founder, Policybazaar Group of Companies, “Healthcare sector has a lot of untapped potential and currently, the services are not affordable and accessible for all. With rising out-of-pocket expenses, there’s a need to provide quality healthcare at competitive prices that can be accessed by anyone, anywhere. As a Group, we wholeheartedly support docprime.com’s vision to provide a customized experience and maximize health benefits for everyone.”

Ashish Gupta, CEO, docprime.com said, “We intend to use the capital in providing seamless user experience and bringing innovation in the healthcare space. Our focus is to make the services more customer-friendly driven by transparency, trust and sustainability. We are bringing innovation through use of various technology tools like AI, data science and deep analytics.”

He further added, “Our core offerings include free consultation services through chat and phone from our in-house doctors, and discounted doctor and lab appointment bookings to encourage consumers in seeking expert medical advice and getting right solutions in a timely manner. Soon, we will also bring a unique OPD subscription-based product, which will cover unlimited consultations and diagnostic tests.”

docprime.com has tied-up with 14,000 doctors and 5,000 diagnostic labs at present and aims to expand its network to 1,50,000 doctors and 20,000 labs across 100+ cities. Currently, appointments can be booked with doctors and labs based in Delhi-NCR but from next month onwards, the facility will be made available across all major cities including Mumbai, Bengaluru, Hyderabad and Chennai.