Visit Health is an online consultation and medical services offering health tech startup that raised Rs  250 crore in a mix of its funding and secondary purchase of shares from PB Fintech’s subsidiary  Docprime Technologies. The round also saw participation from various employees and existing  investors of the firm. The startup plans to use these fresh proceeds to scale its operations, launch new  services, expand its network, and expand its client base.  

The company offers medical solutions and services from medical specialists. Visit Health provides an  online healthcare B2C platform designed to provide medical advice and diet or wellness coaching to  its users. The startup aims to provide top healthcare solutions to its customers including doctors,  dieticians, and physicians. The platform is designed to empower healthcare by offering customized  healthcare solutions. Visit Health wants to revolutionize the healthtech sector by improving healthcare  management between professionals and the public. The company uses some of its investment to  maintain a partnership with a technology service provider for healthcare professionals TatvaCare. The  startup aims to make the healthtech sector easily accessible and user-friendly. The collaboration with  TavaCare will enable both companies to offer their services to the global client base and increase their  customer reach. 

The co-founder and managing director of Visit Health, Vaibhav Singh mentioned that due to the  positive EBITDA for the past years, the company does not require that much primary capital. Following  the positive margin the secondary transactions involving existing entities like Docprime promoters is  the only approach to acquire the remaining shares. The startup requires a good amount of ESOP  buyback. The company intends to increase its market presence in both the domestic and international  markets. The startup currently serves over 400 companies, more than 4,500 small businesses, and 15  insurers through its medical service providers. The company focuses on expanding its services.  

The healthtech startup reported a CAGR growth of 110 percent in the last eight years. The investment  shows investors’ trust in Visit Health’s market potential and business model. This startup provides an  online platform with the best healthcare-related solutions for its clients. The company gives solutions  across different sectors including the B2B in the healthtech market. The startup faces competition from  other healthtech companies including Abhay Healthtech, HealthGorilla, and more. The development  just after the healthtech sector saw increased interest from investors.  

Conclusion: 

Visit Health is a health-tech startup that secured Rs 250 crore in a mix of capital infusion and secondary  purchase of shares from the subsidiary of PB Fintech, Docprime Technologies. The funding round also  has the participation of the firm’s employees and other investors. This healthtech startup intends to  use this fresh capital to scale its operations, expand the market, and on its partnership with TatvaCare.  Visit Health provides an online platform to offer medical consultant services and diet coaching to users.  The company aims to revolutionize the healthtech sector and make it more accessible. The company  has been in positive EBITDA for the past few years so secondary transactions are the only way to  acquisition of shares.