Zoctr Health raises $ 1mn from private investors

Aspires to be the ‘Flipkart of healthcare’

Zoctr Health Network, a Mumbai headquartered disruptive healthcare startup that integrates home health, tele health, remote health and health support services on the back of proprietary health technology and standardised care protocols to deliver holistic patient solutions in the post acute and chronic care segments, recently raised a $ 1 million funding round from four investors; namely Sandeep Parwal, Founder & MD of SPA Capital Group, Krishan Guptaa, Founder & MD of Organic Wellness, Anil Khandelwal and Dr Arun Purohit.

This is the second round of funding raised by the company in three months. Reportedly, with this new fund infusion, the company seeks to sharpen its positioning, complete and launch iZoctrTM, its tech platform, enhance hiring and training activities, launch operations in the Delhi/NCR region and generate further market traction partnering with leading hospitals and ICUs across Mumbai and Delhi. Zoctr seeks to add 20,000+ doctors and health service providers and service 5 million+ Indians in the next few years, while making healthcare affordable, accessible and on-demand.

Parwal believes, “Zoctr is a new, exciting and disruptive home healthcare concept with unlimited potential. I believe, with the right customer acquisition model and execution capabilities, we can revolutionise the healthcare delivery model in India and globally.”

Commenting on the same, Guptaa states, “Zoctr aims to address the unmet needs in the home healthcare space in India by providing an efficient and state of the art home healthcare solutions to the Indian consumer at affordable prices.”

Says Nidhi Saxena, Founder and serial healthcare entrepreneur, “This is an exciting time to be a start-up and even more exciting to be in the healthcare domain where the macro-economic drivers and technology application are both highly conducive. We look forward to an action-packed journey to scale in the next few years – our aspiration is to be the Flipkart of healthcare.”

The company is now gearing up for scaling to a level where it will initiate pan India operations and further eyeing to raise a Series A funding round to the tune of $10-15 million in the next few months.