Bangalore, India-based startup Practo, which offers an app and web-based platform for people to access healthcare information and locate doctors, has raised $55 million in Series D funding in a round led by returning investor Tencent. Thrive Capital, Ru-Net, RSI Fund, Sequoia, Matrix, Capital G, Altimeter Capital and Sofina also contributed. This brings Practo’s total funding to date at about $...
Two important, but unrelated, international digital health transactions made headlines in the past week: China-based Quyi, which develops medical apps, raised $40 million, and India-based Practo, which offers a practice management tool and a doctor search engine, has acquired hospital data management offering Insta Health.
The funding round for Quyi was led by Chinese search giant Baidu,...