Chennai-based e-pharmacy Netmeds.com has acquired health-tech startup KiViHealth in a cash and stock deal.
Founded in 2015 by Indian School of Business (ISB) alumni Bhanu Mahajan and Rajandeep Singh, KiViHealth is a practice/clinic management platform. Its unique selling point(USP) is “digital prescription pad” tool which allows doctors to generate digital prescriptions.
Creating a prescription digitally not only rules out possible misinterpretation of the medication or dosage, it also creates an electronic historical health records storage for the benefit of the patient as well as the physician.
Responding to the development, Pradeep Dadha, Founder & CEO, Netmeds.com, said: “We continue to develop a well-rounded healthcare eco-system around Netmeds. The acquisition of KiViHealth is a shining example of an innovative, technology powered, next-generation health care application that caters to the needs of a modern-day doctor. With this acquisition, Netmeds.com adds to the portfolio of technology driven solutions as it transforms the brand into a complete healthcare product and service company.”
Shedding light on the features of the app, Dadha further said, “The platform not only creates a digital patient health record repository with the ‘digital prescription pad’ tool, but also powers day to day operations such as appointment booking, invoicing & medicine inventory management. It serves as an end-to-end clinic management solution.”
“Being under the aegis of one of the most trusted brands in e-healthcare space will inspire a greater level of confidence, accelerate our growth and help us achieve our vision of being a universal digital healthcare management platform,” Rajandeep Singh, KiVi Health Co-founder said.
Netmeds.com also acquired online video consultation app JustDoc last September venturing into healthcare services, diagnostics and consultation.