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DocSuggest Raises Funding From Rajan Anandan, Taher Khorakiwala & Others

Updated Below Healthcare services company Docsuggest has raised an undisclosed amount of funding from Angel Investors Google India MD Rajan Anandan, Taher Khorakiwala and existing investors Vishal Gondal and Sanjay Parthasarathy, reports TechCircle. The report states that the company plans to use the funds raised to expand operations to multiple cities like Pune, Ahmedabad, and Chennai, among others. It will also be used for customer acquisition and improving their platform. Prior to this, the company had raised an undisclosed amount of funding from Vishal Gondal and former Microsoft Corporate VP Sanjay Parthasarathy in March 2011. Founded in 2009, Docsuggest aggregates information on doctors and hospitals which includes information like the doctors degree, experience, expertise, fees, and insurance options among others and collects feedback from patients, so that the upcoming patient has something to go by. An appointment can be booked from a call center or its website, although Docsuggest Founder Shantanu Jha had told Medianama earlier that around 75% of the appointments were booked from their call centers. The company claims to have a network of more than 11,700 doctors and 3,500 hospitals on its platform and claims to have registered more than 121,600 appointments till now, up from 2,500 appointments reported in October 2011. Monetization: DocSuggest doesn’t collect any money from the patients for the appointment, instead it charges doctors and hospitals on the basis of appointments, specialization and city. Jha had earlier told that they usually get a revenue share of 12.5% to 15% from hospitals. Update: DocSuggest has informed us that they now charge fixed fee per appointments from doctors and hospitals based…

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