Meddo, an Indian startup running a digital outpatient care platform, has acquired Doxper, another startup, via a cash and stock deal.
According to a press statement, Doxper's acquisition would bring around 300,000-400,000 more patients per month to Meddo's customer base, making the digital outpatient care platform one of the largest health tech players in India. With Doxper, it also looks forward to transform 1,000
more clinics within the next 12-15 months across 10 top-tier markets in India.
Doxper is presently expanding internationally with a huge rollout in about 1,000 clinics in Bangladesh and a pilot in two maternity care centres in Nigeria.
Throughout the pandemic, Meddo initiated various solutions, including L1 COVID-19 centres, teleconsultation services, diagnostic solutions and a healthcare membership programme called MeddoSure.
"Enabling Meddo’s one-stop care for millions of patients across the Doxper network, in addition to their prescription technology, creates the right ecosystem to fundamentally transform outpatient care, which has been our goal from the get-go," Meddo Founder and CEO Saurabh Kochhar stated.
"We truly believe in Meddo’s omnichannel fulfilment-led approach and are excited to join this transformative journey. We are confident that our integration will enhance and improve clinical outcomes for clinicians and patients," Doxper Co-founder and CEO Shailesh Prithani also said.