PolicyBazaar subsidiary Docprime Technology invests $7.5M in Visit Health
Docprime Technologies, a subsidiary of PB Finetech (parent company to PolicyBazaar), recently invested $7.5 million in health and wellness platform Visit Health. As per a statement by Docprime, this is the company’s first investment in an end-to-end telehealth and wellness platform.
Yashish Dahiya, co-founder and CEO of PB Fintech stated, “our goal with this investment is to back Visit Health in their vision to build a strong Digital Health Ecosystem with outstanding customer service and new ways to help customers navigate a healthcare system. We are proud to back Visit as they approach their next phase of growth.”
Founded in 2015, this New Delhi-based company acts as a platform for corporates to streamline and enhance the medical experience, and optimise healthcare costs for their employees. Additionally, it allows employees a tool through which they can manage their healthcare needs from their mobile devices.
Anurag Prasad, co-founder and CEO of Visit Health- in a statement about the investment- said, “Visit is excited to have PB Fintech as a partner in our strategic vision to create a Digital Health Ecosystem. Our product offering is backed by health insurers and the large cashless network stitched by us. With this investment, we plan to grow our platform and network capabilities and expand our teams across technology, sales and network functions.”
Visit Health earlier raised about $1.4 million as part of its seed round. It counts Snapdeal founders Kunal Bahl and Rohit Bansal and others as investors.