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PlanMyMedicalTrip.com raises Rs 1.25 cr

MUMBAI: PlanMyMedicalTrip.com, a platform that offers international patients access to medical care at competitive prices, has raised Rs 1.25 crore (Rs 12.5 million) from three angel investors.

The new investors are Bhanu Vikram Parsotam, Rohan Desai and Paras Patel. The funding was led by the founder and company CEO Anurav Rane.

The capital will be utilised to increase the portal’s catalyst network across the world and to improve the customer’s digital experience. The portal is also planning to expand its reach to countries that are rich with prospects for medical tourism such as Thailand, UAE, Brazil and Germany.

Talking about this new development, Rane said, “Even though our team strictly adheres to the company’s growth strategy to achieve its goals, this funding will help us serve our customers even better. It will also assist us in keeping our energies focused on our philosophy of ‘Humanity is the only religion’.”

Highlighting the reason for investing in PlanMyMedicalTrip.com, Parsotam said, “I have been a part of the healthcare sector in the USA for close to two decades now. So, I am familiar with patient requirements here and strongly believe that PlanMyMedicalTrip.com is doing the right thing at the right time. Together with the PlanMyMedicalTrip.com representatives, I’m positive that we will be able to boost healthcare facilities across the globe.”

The three angel investors have a key role to play in PlanMyMedicalTrip.com’s growth story. The news of funding also validates the portal’s significant contribution in the healthcare space. Parsotam has been involved with Pensacola Home Health Care for 20 years and has previously also funded hotels and motels in the USA. Desai has 10 years of experience in stock trading and investment and provides stock advisory services at www.rdviews.com. Patel, meanwhile, is a real estate investor and an MBA by qualification.

Launched in 2012, PlanMyMedicalTrip.com is a Pune-based solutions provider for anyone looking for affordable medical services and necessary infrastructure at hospitals that best address the patient’s concern.

PlanMyMedicalTrip.com is a unique platform that leverages its 1500+ tie-ups with reputed hospitals and doctors in India and Turkey to provide the best service to international patients. The platform has successfully treated over 3,000 patients since it launched in 2007 under the brand name Best Medical Centers. Its catalysts, who refer patients to PlanMyMedicalTrip.com, are spread across US, UK, Africa and Middle East.