Netmeds.com, India’s leading online pharmacy announced today that the company has bolstered its expertise in the online healthcare space by acquiring telemedicine portal JustDoc.com in a cash and stock transaction.
Founded in 2015, JustDoc.com is a robust online consulting portal, which connects patients with reputed doctors via their technology platform. JustDoc has served thousands of patients throughout India through their website and app.
Speaking about the acquisition, Founder & CEO of Netmeds, Pradeep Dadha said, “In addition to prescription medicine and OTC products, we also offer customers ‘The Vault’, our proprietary Electronic Health Records storage app. The acquisition of JustDoc brings an extensive and experienced physicians’ network, which will be the perfect addition to our present range of products and services at this stage in our growth plan.”
Netmeds.com provides prescription medicine and healthcare products to more than 3,000,000 patients across India, serving over 19,000+ pin codes. The company has seen double-digit growth rates month-on-month since inception.
Pradeep Dadha sees this acquisition as an extension of the company’s quest to provide a robust panoply of health-related products and services. “Netmeds will continue to expand the scope of its offerings to include diagnostics, lifestyle-related consulting and a patient ‘peer-to-peer’ social network channel. Adding end-to-end video consultation workflows can make the whole process of providing high quality and affordable health care services far more efficient.”
Netmeds diagnostics will give customers the added benefits of expert advice from medical professionals delivered to them using cutting-edge technology with the aim of improving healthcare outcomes.
An initiative by IIT graduates Jugal Anchalia and Abhishek Kumar, JustDoc.com was launched with the intention of providing video medical consultation anywhere in the country by connecting users to the best possible doctors at minimum cost. Netmeds will leverage the combined strengths of both companies by fully absorbing the JustDoc team. The JustDoc technology will be integrated with Netmeds.com and the new offering will roll out shortly.
Netmeds.com is a fully licensed e-pharma portal that offers authenticated prescription and Over-The-Counter (OTC) medicine along with other health products. Netmeds is the “first-to-market” to offer a pan-India solution for the quick online purchase and fast delivery of prescription medications, and has served more than 3,000,000 customers in over 800 cities and towns, across 19,000+ pin codes.