Practo needs no introduction in helthcare sector. Today, Practo declared that they are acquiring Qikwell, a leader in appointment bookings with doctors, and with this they have become world’s largest in doctors appointment booking segment with around 40 million appointments in a year.
“After announcing C series funding and acquisition of Genii, Fitho and $12 million worth acquisition deal with Instahealth, Practo proudly acquires Qikwell. Hence, This is fourth acquisition by Practo in last 5 months. Employee strength of over 100 of Qikwell will be joining Practo.”
Started in 2011 by Krishna Prasad Chitrapura and Raghavendra Prasad TS, Qikwell has presence across 250 hospitals across 19 cities. Manipal, Fortis, Cloudnine, Narayana Hrudayalaya and many others fall under its database. It also has over 6000+ doctors across India.
“The key proprietary technologies and algorithms of Qikwell will help patients synchronize all factors of making an appointment – patients, doctors and front office staff at the hospital to reduce the patient wait time. The Qikwell technology will help Practo improve consumer experience by providing smooth appointment booking, significantly reduced waiting time as well as contactless payment at the hospital.” – Shashank ND, CEO, Practo
“We chose Practo over some other options because together we can offer superior, comprehensive and integrated solutions for all participants in the healthcare ecosystem across patients, doctors and healthcare providers.” – Krishna Prasad, CEO, Qikwell
Practo by end of FY 2015
- Half a dozen acquisitions. I won’t be surprised if the number just doubles considering fast paced, incredible growth by Practo
- On-boarding 1000 employee.