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Medical Service Provider Medidaili Raises $100K Angel Funding

Medical Service Provider Medidaili Raises $100K Angel Funding

Bangalore-based medical support service platform, Medidaili, has raised $100K in an angel round of funding from a consortium of private investors.

Founded in November 2015, by Akshay Hartalkar and Manish Dashputre, Medidaili, aims to facilitate reliable healthcare services on a single platform. It provides medical support services including diagnostics, healthcare packages and emergency services. The app is currently available on Android and iOS.

With Medidaili, users can buy medicines online, book diagnostic tests, and also book preventive health checkups at discounted rates.

The startup will use the newly raised capital for product development, increasing brand presence and tying up with more number of diagnostic centres pan India.

Manish Dashputre, co-founder of Medidaili said, “Recent trends indicate growing usage of mobile technology by consumers and major healthcare players in India. Reduction of healthcare cost, increasing control on their health and the sheer convenience being offered by mobile technology is the prime reason behind this shift in mindset.”

The app is currently live in Bangalore and Indore, and will reach Hyderabad and Pune by end of March.

The Healthcare sector in India is expected to reach $280 Bn by 2020 at a CAGR of 22.9%. Prior to this, in January 2016, Mumbai-based Zoctr, a healthcare aggregator platform, raised an undisclosed amount of funding from Times Group. Other players in this segment include startups like eKincare, HealthIndya, Lybrate, Ziffi and Qikwell, Care24 among others.

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