Funding story
Health services aggregation undoubtedly carries many benefits for patients everywhere. Mumbai-based Zoctr, a startup which offers such services, recently managed to raise funding from the highly esteemed Times Group. Times is officially known as Bennett Coleman &Co. Ltd. The latest round was funding occurred under the Times Group’s Brand Capital Incubator Funding Model. This model provides funding for long-term brand building. It ensures that the needs of growth oriented companies are met.
What is Zoctr?
Zoctr offers a wide range of medical services. These include consultations and a variety of medical procedures. All these services can be easily availed of on the Zoctr site itself. A soon-to-be-released app is also certain to enhance the startup’s reach among its overall user base. The app will first be made available for those with iPhones and other Apple products.
A total of 11 medical procedures are currently covered by Zoctr. The app promises to make quality medical services affordable. Whats more is that these services are all available under oe platform, which prevents users from having to run from pillar-to-post to look for miscellaneous services. Some of the procedures on offer include radiology tests, lab tests and general health check-ups. Moreover, physiotherapists, psychotherapists and dieticians can be consulted. Nursing services are also on offer. Thus, Zoctr combines a wide range of relevant and diverse services into one easy-to-use platform.
Future plans, and prospects
In the long run, the startup aims to create an 18-city home health operation. The integration of diverse services would allow them to touch a significant proportion of the Indian population. Zoctr ultimately aims to touch 500,000 Indians and be among the 5 foremost healthcare brands within the next 5 years, according to Nidhi Saxena, CEO and Founder.
The startup’s 100-member team currently operates in Mumbai, Delhi, Kolkata, Pune and Ahmedabad. The startup’s plans to raise $10 million in Series A over the next 6 months is likely to bear fruition, and put it firmly on the path to success.
Visit the startup’s website for more info.
