Zoctr raises $1Mn fresh round of funding from private investors

Zoctr Health Network, a Mumbai headquartered disruptive healthcare start-up that integrates Home Health, Tele Health, Remote Health & Health Support services on the back of proprietary health technology and standardized care protocols to deliver holistic patient solutions in the Post Acute and Chronic Care segments, recently raised a $ 1 Mn funding round from four investors viz. Sandeep Parwal Founder & MD of SPA Capital Group, Krishan Guptaa Founder & MD of Organic Wellness, Anil Khandelwal and Dr. Arun Purohit who are veterans from the healthcare industry.

This is the second round of funding raised by the company in barely three months. Zoctr has been recently featured in Outlook Money as a promising start-up with a big idea and was earlier featured in 2techasia.com’s Tech List as the fourth hottest start-up in Asia.

With this new fund infusion, the company seeks to sharpen its positioning as a Post Acute and Chronic Care focused, highly specialized home healthcare service provider, complete and launch iZoctrTM, its tech platform, enhance hiring and training activities, launch operations in the Delhi/NCR region and generate further market traction partnering with leading Hospitals and ICUs across Mumbai and Delhi. Zoctr seeks to add 20,000+ Doctors & Health Service Providers and service 5 Mn+ Indians in the next few years. And while doing all this, it wants to make healthcare affordable, accessible and on-demand.

Sandeep Parwal believes, “Zoctr is a new, exciting and disruptive home healthcare concept with unlimited potential. I believe, with the right customer acquisition model and execution capabilities, we can revolutionize the healthcare delivery model in India and globally.”

Commenting on the same, Krishan Guptaa states that “Zoctr aims to address the unmet needs in the home healthcare space in India by providing an efficient and state of the art home healthcare solutions to the Indian consumer at affordable prices.”

Says Nidhi Saxena, Founder and Serial Healthcare Entrepreneur, “This is an exciting time to be a start-up and even more exciting to be in the healthcare domain where the macro-economic drivers and technology application are both highly conducive. We look forward to an action-packed journey to scale in the next few years – our aspiration is to be the Flipkart of healthcare”

The company is now gearing up for scaling to a level where it will initiate Pan India operations and further eyeing to raise a Series A funding round to the tune of $10-15 Mn in the next few months.

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