Netmeds.com, an online pharmacy, has acquired JustDoc.com, a telemedicine portal in a cash and stock transaction.
JustDoc.com was founded in 2015 and functioning as an online consulting portal, which connects patients with doctors. It has served thousands of patients across India through their website and app.
“The acquisition of JustDoc brings an extensive and experienced physicians’ network, which will be the perfect addition to our present range of products and services at this stage in our growth plan,” said founder and CEO Netmeds, Pradeep Dadha.
Netmeds.com provides prescription medicine and healthcare products to more than 3,000,000 patients across India, serving over 19,000+ pin codes. The company has seen double-digit growth rates month-on-month since inception.
Netmeds diagnostics will provide customers the added benefits of expert advice from medical professionals delivered to them using technology with the aim to improving healthcare outcomes.
JustDoc.com was launched by two IIT graduates Jugal Anchalia and Abhishek Kumar with the intention to provide medical consultation through video by connecting patients to the doctors.