Seed funding raised by health-tech startup Konsult

Konsult App Pvt Ltd has raised $500,000 in two rounds of seed funding from a group of investors from the US, UK, Netherlands and Australia.

funding

Konsult App Pvt Ltd is a Delhi based healthcare tele-consultation platform. It was founded in 2015 and it started off as a channel to help connect doctors and patients for post- consultation services.

It has recently raised $500,000 (Rs 3.25 crore) in two rounds of seed funding from a group of investors from the US, UK, Netherlands and Australia.

Konsult has now evolved as a medical consultation and second opinion platform. It is currently operational in Delhi-NCR region and has 1200 doctors on board. The app is freely available on both Android and iOS platforms. No prior appointment is required and the patient is charged upon the duration of the call. Money is generated on the basis of every transaction made. A commission is charged where seventy percent is reserved for the doctor, while thirty percent is Konsult's share.

Medinfi Healthcare Pvt Ltd at Bangalore operates in a similar way. Recently, it raised $50,000 (Rs 32 lakh) in its seventh round of angel funding from a Singapore-based IT Services Company; Bajaj Allianz General Insurance; and Ram Kumar Kakani, a professor at XLRI.

Other heavily funded healthcare startups include Practo Technologies and Lybrate.

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