Bangalore, India-based digital healthcare platform MediBuddy acquired Clinix on July 13, 2022. The company did not disclose the amount of the acquisition. Clinix is a Hyderabad, India-based online doctor consultation platform focused on rural India.
Purpose of Acquisition by MediBuddy
With the recent acquisition of Clinix, MediBuddy can further scale its operations in the rural part of the country. Besides, the company seeks to expand its services to the interiors in rural India.
The digital healthcare platform currently caters to 30,000 customers. However, the company has plans to scale up to 100,000 in the coming year.
What the MediBuddy co-founder has to say
“We see our acquisition of Clinix as a significant step forward in our aim to provide quality healthcare made accessible to every Indian. Clinix has a wide presence in the rural areas, and with our network and infra-tech support, we aim to further expand our reach and services and achieve our goal of covering a large section of the population, who have limited access to quality healthcare solutions,” Satish Kannan, co-founder, and CEO at MediBuddy.
What the Clinix co-founder has to say
“In India, the doctor-patient ratio is very skewed, and when you compare it to rural India, it becomes even lesser. MediBuddy’s advanced technology and extensive network will go a long way in helping us cover a wider range of population and bridge the urban-rural divide in terms of quality healthcare solutions,” said Aravind Dhulipala, co-founder and CEO of Clinix.
About Clinix
Aravind Dhulipala, Prabhakar Chowdhary and Sachin Pippiri co-founded Clinix in 2020. Hyderabad, an India-based company, serves as an online doctor consultation platform. It has operations in the 20 tier-III and IV cities in the country.
Clinix provides training and empowers locals by teaching them the booking procedures for online doctor consultations. Besides, their kiosks set up in several localities serve as an e-clinic.
About MediBuddy
MediBuddy, the Banglore, India-based company, is a digital healthcare platform. It provides its users with 24*7 access to medical experts via video calls, doorstep medicinal delivery, at-home lab tests, mental health support and other aggregated health-related services. Earlier in February 2022, the company raised USD 125 million in Series C funding. Quadria Capital and Lightrock India, along with participation from existing investors such as Bessemer Venture Partners, India Life Sciences Fund III, Rebright Partners, JAFCO Asia, TEAMFund LP, FinSight Ventures, and InnoVen Capital, participated in the funding back then. MediBuddy has a vast network of professionals comprising 90,000 doctors, 7000 hospitals, 3000 diagnostic centres and 2500 pharmacies. Moreover, it covers 96% of the Pin Codes of the country.
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