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January 14, 2013

Deal Alert: Online doctor appointments firm HelpingDoc.com to raise VC

HelpingDoc.com, a New Delhi-based company that allows users to make appointments online with doctors in the NCR, is looking to raise VC funding. The company was co-founded by Amit Bansal, Dr Hemant Singhal, Srinivas Gattamneni and UK-based Julian Hall in May 2012. It was conceptualized in August the previous year, when all four were attending the Entrepreneurship Summer School at the London Business School, their alma mater till May 2011. Their proposal was shortlisted as the top 30 ventures worth nurturing, so the four decided to take the idea a step further by researching the Indian market as their launch pad.

The four pooled together a seed capital of Rs.85 lakh and registered the company as Helping Doc Pvt. Ltd. The company is planning a pan-India expansion in 10 cities, starting with Mumbai, Pune and Bangalore, by the end of 2014. The new VC funding will finance these plans and the company expects to break even by next year. 

Source: Economic Times

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