Healthcare IT is transforming as well as enhancing the treatment procedures in India with players like Doctor Insta helping patients access preventive and curative healthcare (physical and mental) on their finger tips.
The healthcare domain sees an immense growth with the increasing internet penetration and Smartphone user base combined with innovativeness of healthcare technology players like Doctor Insta.
Offering preventive and curative healthcare on the go Doctor Insta is a video medicine company that aims to fix the present problem of accessibility (seeking medical advice at 3 am in the morning or even while travelling to a different city), reliability and consistency in India’s healthcare market. The telehealth app allows the pediatrics, psychology, general medicine, diet and nutrition practitioners to provide a focused care without asking the patient leave their home.
The application provides an access to doctors 24×7 with stringent quality control and assurance procedures in place and with doctor selection ratio of only three per cent (only 3 out of 100 applying doctors are selected to practice on the platform). It offers a standard fee with different price points for health consultations. The app is compatible on iOS, Android and Web platforms.
The idea was curated after the co-founder Amit Munjal used a similar service while being on a remote island of Hawaii with that video consultation saved his life.
The venture Doctor Insta founded on 30 October 2015 by Amit Munjal (Co-Founder and Chief utive Officer) and Dr Parshant Jain (Co-Founder and Chief Health Officer) received investment of US$ 500,000 by US based venture capital company, BrahmaX Ventures and Angel Investor Rishi Parti. Munjal was the ex-CFO and Head (Investments/Divestments) at Citi Holdings USA, SVP at Bank of America- Merrill Lynch, with prior stints at Deloitte Consulting (Clients: Yahoo, Google, Expedia.com etc.) and Johnson Center of Entrepreneurship and Innovation & Kauffman Foundation. While,Dr Parshant Jain carries 16 years of experience in diverse fields including Medicine, Management Consulting and Business Development. Also worked as a Management Consultant with Accenture where he consulted Fortune 500 Technology Companies as well as Dot Coms. The company holds an employee strength of 25 people.
The company till date has carried out various strategic alliances with almost all online pharmacies and diagnostic labs to provide one stop solution to patients healthcare needs. They have associated some of the best medical practitioners and caregivers in the country with the venture.
Doc Insta will be expanding their services at a pan-India level through B2C and B2B2C channels and in other developing nations with similar demographics in the coming times. They will also be offering their services by providing second opinion consultations, pre-operation prospecting, and post-operation follow-ups. They also eye to launch alternative medicine platform (AYUSH).