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Hyperlocal Healthcare Services Discovery Platform, Medikoe, Raises $100K

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Bangalore-based Medikoe, an online hyperlocal healthcare-services discovery provider, has raised $100K in an angel round from Anil Menon, CEO of CMS Computers Ltd.

Launched in October, 2015, by Sreevalsan Menon and Raman Shukla, Medikoe, is an online hyperlocal healthcare-services discovery platform that provides the list of healthcare and wellness services available in the vicinity, and connects the users to these service providers. It also shows available offers by its service providers on its platform.

Medikoe plans to use the funds for expansion in Mumbai and NCR by end of this year, and also get into 20 more cities by first quarter of 2016.

Currently, the firm caters to over 1,800 users, offering them over 100 healthcare related deals. Since its inception, Medikoe has partnered with more than 1500 healthcare service providers and registered over 20,000 searches on the platform.

Few of its partners include Manipal Hospitals, Jiyo Natural (healthy food), NM Medical Diagnostic, Nightingales Home care and Positive Homeopathy.

Sreevalsan Menon, founder & CEO of Medikoe said, “We at Medikoe, ensure that every service delivered to our users is verified and trusted. With the help of this funding amount, we will expand across the country and associate with more than 6,000+ healthcare & wellness service providers. We, eventually, envision establishing Medikoe as the best online platform for end-to-end healthcare & wellness needs across India and worldwide in the near future.”

Recently, in the healthcare space, Practo raised $90M in Series C round; Qikwell Technologies raised $3 Mn in series A round; Healers At Home, raised an undisclosed amount of funding; Care24 raised about $350K in a funding round; Welcome Cure raised $6 Mn in pre-series A round.


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Inc42 Daily Brief

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