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 $...
With every new innovator in digital health, it seems like there's a temptation to crown an "Uber for Health" that will disrupt the industry in a radical consumer-facing way. But lately, it looks like Uber itself might be interested in that title. Over the last week, Uber has collaborated with three different digital health companies and named Boston Children's Hospital's John Brownstein its first...
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,...
