23 November 2015 08:35:30 IST

Healthcare start-up Medikoe raises $100,000 in angel funding

Plans expansion in Mumbai and NCR by end of year

Healthcare start-up Medikoe has raised $100,000 in angel funding from Anil Menon, CEO of CMS Computers Ltd.

With the idea to make healthcare available to the consumers on the platform in just two clicks, the Bangalore based start-up plans to use the funds to fuel its expansion in Mumbai and NCR by the end of this year and get into 20 more cities by first quarter of the next calendar year, Medioke said in a statement.

Technology is changing the face of the Indian healthcare sector through numerous digital innovations. However, there exists a tremendous supply gap in this otherwise fast-growing segment. Taking it beyond the usual search and discovery, Medikoe has positioned itself as the first online medical platform connecting consumers to hospitals, diagnostic centres, pharmacy and wellness along with integrated deals on healthcare from 5% to 30% on a single platform.

Launched in October 2015 by Sreevalsan Menon and Raman Shukla, Medikoe enables access to 360 degrees of affordable healthcare & wellness services through a single platform for better user interface & experience. The services and offers can be accessed pan India including Tier-2 and Tier-3 cities. The one-of-its-kind platform emphasises on helping the service providers receive more visibility and reach. Some of the key partners includes Manipal Hospitals, Jiyo Natural (healthy food), NM Medical Diagnostic, Nightingales Home care, Positive Homeopathy, etc to name a few and clocks.

Sreevalsan Menon, Founder and CEO of Medikoe said, “We at Medikoe ensure that every service delivered to our users is verified and trusted. With the help of this funding amount, we will expand across the country and associate with more than 6,000+ healthcare & wellness service providers. We eventually envision establishing Medikoe as the best online platform for end-to-end healthcare & wellness needs across India and worldwide in the near future.”

Medikoe's phase-1 launch comprises three products; Discover, Deal and Review. Being the first online medical platform to integrate all the healthcare and wellness deals on a single platform, Medikoe aims to make healthcare & wellness not only convenient but also affordable.

Medikoe caters to over 1,800 users with more than 20,000 searches on the platform within one month of its launch. So far, it has registered more than 1,500+ healthcare & wellness service partners with more than 100+ deals on its platform.