Pakistan’s startup, Oladoc raised $1.8m in a pre-Series A round. The round was led by Pakistan’s Sarmayacar Ventures along with participation from Doha Tech Angels and other angel investors.
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Oladoc raised $1.8m to expand its operations across the country
Oladoc raised $1.8m to scale its current value proposition along with bringing in seasoned C-level leadership, which comprises executive-level managers, to help scale the organisation faster. It is a Pakistani platform for booking doctors’ appointments and healthcare teleconsultation with a network of 8,000 doctors spread across 10 cities, the platform is also offering lab test booking on the app.
The founder and CEO at Sarmayacar, Rabeel Warraich, said; “We are excited to partner with oladoc on their journey to provide quality healthcare to everyone in Pakistan. Oladoc’s team has demonstrated strong on-the-ground execution, helping establish Oladoc as the No.1 Doctor booking platform in Pakistan. We look forward to working with the founders to accelerate Oladoc’s growth and unlock the full market potential.” The CEO of Oladoc, Abid Zuberi, said; “Oladoc is on a mission to empower patients by making healthcare accessible, transparent, and affordable for the masses. We have seen phenomenal growth in the last 12 months and with the fresh funding round, aim to evolve into a digital health mall that serves patients’ needs across the complete life cycle.”
Oladoc’s vision
Founded in 2016 by Abid and Arif Zuberi, oladoc is one of the prominent doctor booking platforms, which now also connects patients with doctors for video consultation sessions. Oladoc’s mission is to empower patients by making healthcare accessible, transparent and affordable for the masses. According to Crunchbase data, oladoc raised $1.1 million in seed funding in 2018, and $200,000 in pre-seed funding in 2016, which brings the total raised by the startup to $3 million.
Source: DAWN